{"id":132537,"date":"2023-04-24T00:00:00","date_gmt":"2023-04-24T00:00:00","guid":{"rendered":"https:\/\/nursingstudybay.com\/2023\/04\/24\/bha-4053-financial-management-in-health-care-administration-part\/"},"modified":"2023-04-24T00:00:00","modified_gmt":"2023-04-24T00:00:00","slug":"bha-4053-financial-management-in-health-care-administration-part","status":"publish","type":"post","link":"https:\/\/www.studyproessays.com\/help\/bha-4053-financial-management-in-health-care-administration-part\/","title":{"rendered":"Bha 4053, financial management in health care administration (part"},"content":{"rendered":"

<\/p>\n

\n

\u00a0<\/span>BHA 4053, Financial Management in Health Care Administration (Part II)<\/span><\/strong><\/p>\n

\u00a0<\/span><\/strong><\/p>\n

Question 1<\/strong> <\/span><\/p>\n

A _________ presents summarized revenues and expenses of an organization – resulting in a profit or loss – for a given period in time.<\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

balance sheet<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

statement of operations<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

statement of cash flows<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

note to the financial statement<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Question 2<\/strong> <\/span><\/p>\n

In the non-profit industry, the statement of cash flow is divided into cash flow from operations, investing activity, and _________.<\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

capital expenditures.<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

net investments.<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

long term liabilities.<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

financing activity.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Question 3<\/strong> <\/span><\/p>\n

The primary purpose of the _________ is to roll forward the net assets from the end of the prior period to the current period.<\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

balance sheet<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

statement of operations<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

statement of changes in unrestricted net assets<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

notes to the financial statement<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Question 4<\/strong> <\/span><\/p>\n

The concept of _________ requires that accounting records be constructed in such a manner as to reflect two aspects of each transaction: the change in assets and the change in the source of financing (liabilities).<\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

transactions<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

matching<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

accrual<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

double entry<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Question 5<\/strong> <\/span><\/p>\n

(Cash and cash equivalents + Board-designated funds for capital) \/ (Estimated future peak debt service) <\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

operating balance<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

operating margin<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

current ratio (x)<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

cushion ratio (x)<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Question 6<\/strong> <\/span><\/p>\n

Which of the following is NOT one of the six most sensitive accounts most likely to receive audit adjustments in the financial statements?<\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

contractual adjustments<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

accounts payable<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

accounts receivable<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

bad-debt expense<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Question 7<\/strong> <\/span><\/p>\n

A _________ presents a snapshot of the financial condition of the health care organization at a single point in time.<\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

balance sheet<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

statement of operations<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

statement of cash flows<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

note to the financial statement<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Question 8<\/strong> <\/span><\/p>\n

_________ is the revenue earned on investment of excess funds made by the organization.<\/span><\/p>\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

fringe income<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

interest income<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

excess income<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Question 9<\/strong> <\/span><\/p>\n

_________ describes an organization’s ability to use current assets to pay off current liabilities.<\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Current ratio<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Cushion ratio<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Cash in hand<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Credibility ratio<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Question 10<\/strong> <\/span><\/p>\n

The concept of _________ requires that all financial transactions are recorded at “cost,” that is, the price paid to acquire any item or good.<\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

transactions<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

entity<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

matching<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

cost valuation<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Question 11<\/strong> <\/span><\/p>\n

Explain how it is possible that there could be a conflict between the organization\u2019s administration and its medical staff.<\/span><\/p>\n

Question 12<\/strong> <\/span><\/p>\n

Using the balance sheet and statement of operations in Chapter 2, calculate the three bond repayment ratios, and use it to determine the financial condition of the health care organization.<\/span><\/p>\n

Question 13<\/strong><\/span><\/p>\n

\u00a0<\/p>\n

If a hospital is not required to prepare a three year strategic plan, what impact would it have on financial and operating outcomes?<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\u00a0BHA 4053, Financial Management in Health Care Administration (Part II) \u00a0 Question 1 A _________ presents summarized revenues and expenses of an organization – resulting\u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7641,10683,7638,10681,10686,10687,7639,10684,7549,7640,10680,7637],"tags":[10553,10549,10616,10615,7687,10627,10247,8857,10552,10295,10548,10622,8907],"class_list":["post-132537","post","type-post","status-publish","format-standard","hentry","category-australia-essay-writers","category-bachelor-thesis-writing-service","category-canada-essay-writers","category-cheap-dissertation-help-online","category-dissertation-assignment-help-uae","category-dissertation-help-tiktok","category-ireland-essay-writers","category-master-thesis-writing-services-india","category-thesis-writing-writing-help-australia","category-uae-essay-writers","category-university-dissertation-writing-service","category-usa-essay-writers","tag-1-assignment-help-online-service-for-students-in-the-usa","tag-ai-plagiarism-free-essay-writing-tool","tag-australian-best-tutors","tag-best-trans-tutors","tag-buy-essay-uk","tag-cheap-dissertation-writer","tag-help-me-write-my-dissertation","tag-help-with-writing-an-essay","tag-help-write-my-paper-ai-free","tag-homework-for-you","tag-online-essay-writers","tag-phd-essays","tag-write-my-essay-for-me"],"_links":{"self":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts\/132537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/comments?post=132537"}],"version-history":[{"count":0,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts\/132537\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/media?parent=132537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/categories?post=132537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/tags?post=132537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}