MHC6305
Financial Management of
Healthcare Organizations
LATEST FINALS REVIEW
Q&S
©2024/2025
,1. Which of the following is a primary goal of capital planning in
healthcare organizations?
a) Minimizing patient care
b) Increasing short-term profits
c) Ensuring the long-term sustainability of facilities and
equipment
d) Reducing staff numbers
ANS: c) Ensuring the long-term sustainability of facilities
and equipment
2. In the context of healthcare financial planning, which of the
following is a common method for determining capital budgeting
decisions?
a) SWOT Analysis
b) Discounted Cash Flow (DCF) Analysis
c) Six Sigma Analysis
d) Lean Methodology
ANS: b) Discounted Cash Flow (DCF) Analysis
©2024/2025
, 3. What is the primary purpose of variance analysis in healthcare
budgeting?
a) To establish budgets
b) To measure patient satisfaction
c) To compare actual performance against budgeted
expectations
d) To increase inventory levels
ANS: c) To compare actual performance against budgeted
expectations
4. Which financial statement provides a snapshot of a healthcare
organization's financial position at a specific point in time?
a) Income Statement
b) Cash Flow Statement
c) Balance Sheet
d) Statement of Retained Earnings
ANS: c) Balance Sheet
©2024/2025
Financial Management of
Healthcare Organizations
LATEST FINALS REVIEW
Q&S
©2024/2025
,1. Which of the following is a primary goal of capital planning in
healthcare organizations?
a) Minimizing patient care
b) Increasing short-term profits
c) Ensuring the long-term sustainability of facilities and
equipment
d) Reducing staff numbers
ANS: c) Ensuring the long-term sustainability of facilities
and equipment
2. In the context of healthcare financial planning, which of the
following is a common method for determining capital budgeting
decisions?
a) SWOT Analysis
b) Discounted Cash Flow (DCF) Analysis
c) Six Sigma Analysis
d) Lean Methodology
ANS: b) Discounted Cash Flow (DCF) Analysis
©2024/2025
, 3. What is the primary purpose of variance analysis in healthcare
budgeting?
a) To establish budgets
b) To measure patient satisfaction
c) To compare actual performance against budgeted
expectations
d) To increase inventory levels
ANS: c) To compare actual performance against budgeted
expectations
4. Which financial statement provides a snapshot of a healthcare
organization's financial position at a specific point in time?
a) Income Statement
b) Cash Flow Statement
c) Balance Sheet
d) Statement of Retained Earnings
ANS: c) Balance Sheet
©2024/2025
