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Which of the following is NOT a key component of E/M services? ✔Correct Answer-Time
A _ budget is prepared under the single assumption about the anticipated activity level.
✔Correct Answer-Fixed
Which statement is false regarding Directors and Officers (D&O) insurance? ✔Correct Answer-
It does not offer protection against liability judgments resulting from an action by dissatisfied
shareholders for decisions that were made in good faith
Which option is NOT one of the four major system design options? ✔Correct Answer-Turn the
project over to a consultant to do without further input from staff
Which option is NOT true concerning a budget manual? ✔Correct Answer-It is particularly
valuable in small private and nonprofit organizations
All of the following are impacts of the E/M coding changes, EXCEPT __________. ✔Correct
Answer-Reduced Ability to code on total time
What does casualty insurance protect in a medical practice? ✔Correct Answer-property
damage or loss
Which option is NOT a true statement regarding the IRS? ✔Correct Answer-The IRS is charged
with ensuring that practices are maintaining a non-profit status
Why do healthcare organizations continue to seek strategic business affiliations? ✔Correct
Answer-In an effort to seek competitiveness in the marketplace
Which option is NOT a source of capital? ✔Correct Answer-Statistics
Which of the following is NOT an activity leading to the final selection of an information system
vendor? ✔Correct Answer-Location analysis
The authority to license a physician rests with the __________. ✔Correct Answer-State in
which he or she intends to practice
RVU's can be used in physician practice administration in all of the following ways, EXCEPT
✔Correct Answer-Reviewing physician practice quality
, Which option is NOT a method used to monitor progress in carrying out strategies/tactics and
success in achieving goals/objectives? ✔Correct Answer-Data Analysis
Which option is NOT a protocol to general system security? ✔Correct Answer-System
Software
Which option is NOT an area where internal controls are particularly critical? ✔Correct
Answer-Areas where budgets are generated
Which option is NOT true regarding the contract evaluation model? ✔Correct Answer-It
identifies and prioritizes desired contract features before entering into contract negotiations
What is the purpose of general liability insurance? ✔Correct Answer-To cover general liability
events that occur on property business
The physician malpractice insurance market switched to claims made due to all of the following,
EXCEPT ____________. ✔Correct Answer-Insurers were able to sell occurrence-based
coverage for a higher premium
All of the following are examples of capitated receivables goals, EXCEPT ________. ✔Correct
Answer-Depositing the capitation check within 30 days of receipt
Which option is NOT an accounts receivable function that most immediately benefits from
electronic information systems management? ✔Correct Answer-staff scheduling
What does the term credentialing mean? ✔Correct Answer-An official review of the various
information and qualifications of a physician and other licensed clinicians who have applied to
participate in a system or plan.
All of the following are activities required for a detailed budget plan, EXCEPT __________.
✔Correct Answer-Obtaining historical data on costs and volumes by the provider
All of the following should be evaluated in a capital project, EXCEPT ___________. ✔Correct
Answer-Supply Costs
In order to budget effectively each year, physicians may change all of the following, EXCEPT
__________. ✔Correct Answer-units of service
Healthcare organizations typically have bylaws requiring re-credentialing of staff __________.
✔Correct Answer-Every 1-2 years
Which of the following is NOT an area in which an IHS hopes to develop economies of scale?
✔Correct Answer-Media coverage