Liberty BUSI 311 Quiz 5 Answers Complete Solutions
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Question 1 The TRICARE military health care system provides coverage for
Question 2 Who bears the costs of providing care to the uninsured?
Question 3 The Medicare prospective payment system for reimbursing hospitals utilizes:
Question 4 The Patient Protection and Affordable Care Act includes provisions for the following:
Question 5 The Balanced Budget Act of 1997 implemented cost controls for Medicare expenditures in all of the following health care sectors EXCEPT:
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Question 6 The difference between a hospital’s charges for an inpatient stay in the facility and the amount the hospital has agreed to accept from the patient’s insurance carrier is called:
Question 7 The commonly accepted method for valuing inventory that produces an inventory of newer items is referred to as:
Question 8 In the wake of health care reform, most health care executives believe that the new reform policies will:
Question 9 The type of budget that forecasts cash inflows and cash outflows for the next fiscal year is called the:
Question 10 The volume of production in units and sales of goods or services, where total costs equal total revenues, is called:
Question 11 In purchasing health insurance, which of the following is NOT typically a consideration?
Question 12 Current assets may include:
Question 13 Bad debt in health care finance is defined as:
Question 14 Efforts to control the costs of Medicare have been undertaken via legislation mandated to create prospective payment systems for:
Question 15 Medicare spending has increased as a result of:
Question 16 Capital budgets may include all of the following EXCEPT:
Question 17 Which of the following laws have had a major impact on social insurance in the U.S.?
Question 18 The primary reason that health care managers should be concerned about health care financing and health insurance is:
Question 19 Health care financial management involves:
Question 20 Primary sources of working capital include all of the following EXCEPT:
Question 21 Which of the following is NOT a possible outcome of the decision-making process in cost accounting in health care organizations?
Question 22 Accountable Care Organizations (ACOs) are built on the premise that:
Question 23 Using working capital to enhance “good will” toward the health care organization includes:
Question 24 CMI is an acronym that stands for:
Question 25 Which type of managed care plan offers patients flexibility in accessing their physician of choice?
Question 26 For-profit health care organizations are usually owned by:
Question 27 Unlike other organizations, health care organizations tend to generate very little immediate cash because of:
Question 28 CHIP is a program that provides for
Question 29 Charge setting is controlled by:
Question 30 Access to the care of specialist physicians is limited in which type of health plan?