Fache hc Study guides, Class notes & Summaries
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FACHE HC Finance Exam Questions and Answers Latest Updated 2023-2024 Graded A+
- Exam (elaborations) • 8 pages • 2023
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FACHE HC Finance Exam Questions and Answers Latest Updated Graded A+. What 4 budgets comprise a financial budget? 
1) Income & expense budget 
2) Budgeted financial statements 
3) Cash flow budget 
4) Capital & new program budget 
Definition of Financial Budget 
Expectation of future financial performance 
What does Activity-Based Costing (ABC) promote? 
Control of services, the use of make or buy (in-source or out-source) decisions, and 
improvement of processes that cross several accountabili...
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FACHE - HC Finance Exam With 100% Correct Answers 2023
- Exam (elaborations) • 9 pages • 2023
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FACHE - HC Finance Exam With 100% Correct Answers 2023
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ACHE FACHE HC FINANCE 2023 – 2024 WITH COMPLETE SOLUTION
- Exam (elaborations) • 13 pages • 2023
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ACHE FACHE HC FINANCE 2023 – 2024 WITH COMPLETE SOLUTION
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FACHE - HC Finance exam questions with 100% correct answers
- Exam (elaborations) • 13 pages • 2023
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Definition and Rule of Inurement 
- Diversion of funds to persons in governance or mgt as a result of their position of trust 
- Directors, officers, trustees are prohibited from engaging in business that allows them to derive financial advantage from their governing board role (conflict of interest) 
 
 
 
What is a best practice (as far as how soon in days) in receiving payments from date of invoice? 
Less than 50 days 
 
 
 
Definition of working capital 
Amount of cash required to support op...
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FACHE - HC Finance Exam with correct Answers
- Exam (elaborations) • 9 pages • 2023
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FACHE - HC Finance Exam with correct Answers
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FACHE - HC Finance/ ACHE BOG Exam Questions And Answers
- Exam (elaborations) • 8 pages • 2023
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FACHE - HC Finance/ ACHE BOG Exam Questions And Answers
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FACHE - HC Finance Questions And Answers
- Exam (elaborations) • 19 pages • 2024
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FACHE - HC Finance Questions And Answers
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ACHE BOG FACHE - HC Finance QUESTIONS WITH COMPLETE SOLUTIONS
- Exam (elaborations) • 9 pages • 2023
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ACHE BOG FACHE - HC Finance QUESTIONS WITH COMPLETE SOLUTIONS 
Definition and Rule of Inurement ANS-- Diversion of funds to persons in governance or mgt as a result of their position of trust 
- Directors, officers, trustees are prohibited from engaging in business that allows them to derive financial advantage from their governing board role (conflict of interest) 
 
What is a best practice (as far as how soon in days) in receiving payments from date of invoice? ANS-Less than 50 days 
 
Definit...
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ACHE BOG FACHE - HC Finance QUESTIONS WITH COMPLETE SOLUTIONS
- Exam (elaborations) • 9 pages • 2023
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- $10.59
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ACHE BOG FACHE - HC Finance QUESTIONS WITH COMPLETE SOLUTIONS 
Definition and Rule of Inurement ANS-- Diversion of funds to persons in governance or mgt as a result of their position of trust 
- Directors, officers, trustees are prohibited from engaging in business that allows them to derive financial advantage from their governing board role (conflict of interest) 
 
What is a best practice (as far as how soon in days) in receiving payments from date of invoice? ANS-Less than 50 days 
 
Definit...
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FACHE Board of Governor’s Finance Exam Questions and Answers Updated 2023-2024 Graded 100%
- Exam (elaborations) • 8 pages • 2023
- Available in package deal
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- $15.49
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FACHE Board of Governor’s Finance Exam Questions and Answers Updated Graded 100%. Definition of working capital 
Amount of cash required to support operations - for the period of delay in collecting 
revenue. 
5 Financial Mgt functions that are essential for survival 
1) Financial planning 
2) Pricing 
3) Mgt of long term capital 
4) Mgt of short term assets & liabilities 
5) Multiple corporate acct 
Relation of Finance to the Governing Board 
The finance system relates directly to the gov'n...
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