Question 1

At the top of the balance sheet there is a three-line heading that includes name of the organization,

name ff statement and

Options :

A : One date

B : Two dates

C : Three dates

D : none of the above

Answer: B

Question 2

The formula for times interest earned ratio is:

Options :

A : [{(excess of revenues _ expenses) + interest expense}/ expected expense]

B : [(excess of revenues over expenses _ interest expense) / interest revenue]

C : [(excess of revenues over expenses + interest expense) / interest expense]

D : [(excess of revenues over expenses + interest expense) / interest expense]

Answer: C

Question 3

Organizational units responsible for earning a profit by providing health care services and their

revenues are earned either on a free-for-service or a flat fee basis refers to:

Options :

A : Organizational earnings centers

B : Traditional profits centers

C : Profit earning centers

D : Flat fee profit centers

Answer: B

Question 4

The rate of return required undertaking a project; the cost of capital accounts for both the time value of money and risk refers to:

Options :

A : Cost of return

B : Cost of capital

C : Cost of risk

D : Cost of revenue

Answer: B

Question 5

Estimated third party payor settlements are the category of?

Options :

A : Current assets

B : Current Equity

C : Current Expenses

D : Current liabilities

Answer: D