HEALTHCARE FINANCE QUIZ
1QUESTIONS WITH COMPLETE
SOLUTION 2025/2026
Which of the following statements about finance, accounting, and financial management is most
correct?
a. Accounting is of no value in decision making.
b. Accounting provides the theory and concepts necessary to help managers make better decisions.
c. Financial management involves the measurement, in financial terms, of operational events that affect
the resources and financing of an organization.
d. The primary role of finance is to plan for, acquire, and use resources to maximize the efficiency (and
value) of the enterprise.
This is a 100% true statement.
e. Financial management is of no value in decision making.
The correct answer is: The primary role of finance is to plan for, acquire, and use resources to maximize
the efficiency (and value) of the enterprise. - correct answer ✔d. The primary role of finance is to plan
for, acquire, and use resources to maximize the efficiency (and value) of the enterprise.
Which of the following are not finance activities?
a. Planning and budgeting
b. Revenue cycle management
c. Financial reporting
d. Financial risk management
e. Facilities management - correct answer ✔e. facilities management
1QUESTIONS WITH COMPLETE
SOLUTION 2025/2026
Which of the following statements about finance, accounting, and financial management is most
correct?
a. Accounting is of no value in decision making.
b. Accounting provides the theory and concepts necessary to help managers make better decisions.
c. Financial management involves the measurement, in financial terms, of operational events that affect
the resources and financing of an organization.
d. The primary role of finance is to plan for, acquire, and use resources to maximize the efficiency (and
value) of the enterprise.
This is a 100% true statement.
e. Financial management is of no value in decision making.
The correct answer is: The primary role of finance is to plan for, acquire, and use resources to maximize
the efficiency (and value) of the enterprise. - correct answer ✔d. The primary role of finance is to plan
for, acquire, and use resources to maximize the efficiency (and value) of the enterprise.
Which of the following are not finance activities?
a. Planning and budgeting
b. Revenue cycle management
c. Financial reporting
d. Financial risk management
e. Facilities management - correct answer ✔e. facilities management
