Wgu c428 exam 2024 - Study guides, Class notes & Summaries

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.

C428 WGU 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 Accountable Care Organization Accountable Care Organizations(ACOs) are groups of Medicare providers and suppliers that work together to coordinate care for traditional Medicare patients. Their goal is to deliver seamless, high-qua...

C428 WGU 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 Accountable Care Organization Accountable Care Organizations(ACOs) are groups of Medicare providers and suppliers that work together to coordinate care for traditional Medicare patients. Their goal is to deliver seamless, high-qua...

WGU C428 Pre-Assessment Exam (Questions and Answers) Guaranteed Pass |2024 LATEST UPDATE

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? 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 healthca...

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 The finance department manager who handles capital acquisition, investment management, and risk management activities Treasurer The finance department manager who handles accounting, budgeting, and reporting activities. Comptroller The head of the finance department...

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. What is financial management? The use of theory, principles, and concepts developed to help managers make better financial deci...

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 The finance department manager who handles capital acquisition, investment management, and risk management activities Treasurer The finance department manager who handles accounting, budgeting, and reporting activities. Comptroller The head of the finance department...

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. What is financial management? The use of theory, principles, and concepts developed to help managers make better financial deci...

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. es on activities performed to produce a product. Activity-based costing: A.is the initial phase of converting to a just-in-time operating environment. B.can be used only in a job order costing system. C.is a t...