WGU C428

WGU C428 Exam Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE The 4 C's (Finance Activities) ------*Costs >monitor costs *Cash------ >keep enough cash *Capital >raise needed capital(money) to invest *Control >control resources

WGU C428 Exam Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE Activity-based costing (ABC): A. can be used only in a process cost system. B. focuses on units of production. C. focuses on activities performed to produce a product. D. uses only a single basis of allocation.

WGU C428 Pre-assessment Exam Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE A medical center is expanding its hospital staff to accommodate the increasing number of flu cases seen over the past weeks. Which type of finance activity is described in this scenario?

WGU C428 Financial Resource Management in Healthcare Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE Accounting The measure and recording of events that reflect the operations, assets, expenses, and other financing of an organization.

WGU C428 Financial Resource Management in Healthcare Exam Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE Finance within a healthcare organization can be condensed into the "four Cs": Costs Cash Capital Control

WGU C428 Exam Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE What is healthcare finance? It encompasses the accounting and financial management functions of healthcare organizations. The two functions blend together, with accounting generating the data needed to make sound decisions and financial management providing the framework for those decisions.

An established diagnostic center needs a new mammogram machine. The center has incurred higher debt and is very highly leveraged but decides to apply for another secured loan at its local bank. What will the bank decide about the secured loan? - -The interest rate will be higher. A private hospital with a successful history of traditional patient care is seeking to open a holistic treatment center off-site. It has secured an initial loan of five million dollars. How would the nature of this...

A medical center is expanding its hospital staff to accommodate the increasing number of flu cases seen over the past weeks. Which type of finance activity is described in this scenario? Cost Cash Capital Control - -Cost A healthcare organization's senior finance leader is responsible for all financial plans and activities related to reimbursement, accounting, budgeting, and management for a healthcare system's financial well-being. Which role matches this description? Controller T...

What is healthcare finance? - -It encompasses the accounting and financial management functions of healthcare organizations. The two functions blend together, with accounting generating the data needed to make sound decisions and financial management providing the framework for those decisions. What is financial management? - -The use of theory, principles, and concepts developed to help managers make better financial decisions. What is another name for financial management? - -Corporate fi...