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HSA 464 Exam 3 Questions and Answers (100%
Correct Answers) Already Graded A+
Strategic planning is critical for economic innovation in today's turbulent
environment Ans: False
Planning horizon is the length of time management into the future. Ans:
True
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In bottom-up planning, subordinates develop the plan and submit it to
senior management for approval. Ans: True
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Incremental requires planning only for changes while Zero-base takes
nothing for granted and requires re-justification for existing equipment,
position, and programs. Ans: True
Comprehensive planning segregates the plans while Limited-in-scope
integrates the plans. Ans: False
Strategic planning forces managers to anticipate where they want the
healthcare organization to be in 3-5 years. Ans: False
Strategic planning looks ______ years into the future. Ans: 3-10
Working capital is defined as the:
a. total amount of functioning equipment in a healthcare organization.
b. total amount of equipment dedicated to providing patient care.
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c. sum of a healthcare organization's investment in current assets.
d. sum of a healthcare organization's investment in outside endeavors.
Ans: c
Examples of current assets include:
a. inventories.
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b. prepaid expenses.
c. salaries and wages.
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d. Choices a and b Ans: d
3. Liquidity refers to:
a. how quickly an asset can be converted into cash.
b. how quickly a liability can be paid off.
c. the rate at which a healthcare organization disburses its cash.
d. the rate at which a hospital sells its current assets. Ans: a
What are the advantages of having sufficient working capital on hand?
a. Organizations are able to pay their employees and vendors on time,
thereby maintaining a positive relationship.
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b. Organizations have sufficient resources to repay loans and are
therefore creditworthy
c. Choices a and b
d. None of the above Ans: c
Where does initial working capital for not for-profit healthcare
organizations come from?
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a. The sale of stock
b. Philanthropy or tax-exempt bonds
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c. The state legislature
d. A governmental entity, in the form of taxes and bonds Ans: b
Permanent working capital is:
a. working capital that is never used in hospital operations.
b. working capital that has a useful life equivalent to that of the
organization.
c. the minimum amount of working capital always on hand.
d. the maximum amount of working capital always on hand. Ans: c
Sources of temporary working capital include
1
HSA 464 Exam 3 Questions and Answers (100%
Correct Answers) Already Graded A+
Strategic planning is critical for economic innovation in today's turbulent
environment Ans: False
Planning horizon is the length of time management into the future. Ans:
True
© 2026 Assignment Expert
In bottom-up planning, subordinates develop the plan and submit it to
senior management for approval. Ans: True
Guru01 - Stuvia
Incremental requires planning only for changes while Zero-base takes
nothing for granted and requires re-justification for existing equipment,
position, and programs. Ans: True
Comprehensive planning segregates the plans while Limited-in-scope
integrates the plans. Ans: False
Strategic planning forces managers to anticipate where they want the
healthcare organization to be in 3-5 years. Ans: False
Strategic planning looks ______ years into the future. Ans: 3-10
Working capital is defined as the:
a. total amount of functioning equipment in a healthcare organization.
b. total amount of equipment dedicated to providing patient care.
,For Expert help and assignment handling,
2
c. sum of a healthcare organization's investment in current assets.
d. sum of a healthcare organization's investment in outside endeavors.
Ans: c
Examples of current assets include:
a. inventories.
© 2026 Assignment Expert
b. prepaid expenses.
c. salaries and wages.
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d. Choices a and b Ans: d
3. Liquidity refers to:
a. how quickly an asset can be converted into cash.
b. how quickly a liability can be paid off.
c. the rate at which a healthcare organization disburses its cash.
d. the rate at which a hospital sells its current assets. Ans: a
What are the advantages of having sufficient working capital on hand?
a. Organizations are able to pay their employees and vendors on time,
thereby maintaining a positive relationship.
, For Expert help and assignment handling,
3
b. Organizations have sufficient resources to repay loans and are
therefore creditworthy
c. Choices a and b
d. None of the above Ans: c
Where does initial working capital for not for-profit healthcare
organizations come from?
© 2026 Assignment Expert
a. The sale of stock
b. Philanthropy or tax-exempt bonds
Guru01 - Stuvia
c. The state legislature
d. A governmental entity, in the form of taxes and bonds Ans: b
Permanent working capital is:
a. working capital that is never used in hospital operations.
b. working capital that has a useful life equivalent to that of the
organization.
c. the minimum amount of working capital always on hand.
d. the maximum amount of working capital always on hand. Ans: c
Sources of temporary working capital include
