HCMT MIDTERM EXAM QUESTIONS
WITH 100% SOLVED ANSWERS!!
1 of 70
Term
In most HCOs, the largest percentage of payments comes from which
of the following?
Self-payers
Tax support
Third-party payers
Grants
Give this one a try later!
, Answer: C. Third-party payers Answer: D. Cost reimbursement
Answer: B. Nursing Homes Answer: B. inputs and outputs
Don't know?
2 of 70
Term
True or False? The statement of operations reflects how much cash
came in to the organization and how much went out during the past
year (or other accounting period).
True
False
Give this one a try later!
Answer: Part A. Answer: False
Answer: True False
Don't know?
3 of 70
Term
Historically, which of the following was the most important use of
accounting and financial information?
, A. Determining the compliance of operation with directives
B.Evaluating the financial condition of an entity
C. Evaluating stewardship within an entity
D.Assessing the efficiency of operations
Give this one a try later!
Answer: C. Evaluating the
stewardship Answer: Accrual Accounting
Answer: B. Increases in working
Answer: B. By making a profit capital
Don't know?
4 of 70
Term
Which of the following is most directly related to strategic financial
planning?
A. ROI
B.ROE
C. EVA
D.None of these correct
Give this one a try later!
Answer: A. ROI Answer: D. Cost reimbursement
, Answer: B. Increases in working
Answer: A. goodwill capital
Don't know?
5 of 70
Term
FCA charges against providers can be brought by individuals under
a qui tam action. T/F
Give this one a try later!
True Answer: true
Answer: False False
Don't know?
6 of 70
Term
True or False? The statement of operations reflects how much cash
came in to the organization and how much went out during the past
year (or other accounting period).
Give this one a try later!
WITH 100% SOLVED ANSWERS!!
1 of 70
Term
In most HCOs, the largest percentage of payments comes from which
of the following?
Self-payers
Tax support
Third-party payers
Grants
Give this one a try later!
, Answer: C. Third-party payers Answer: D. Cost reimbursement
Answer: B. Nursing Homes Answer: B. inputs and outputs
Don't know?
2 of 70
Term
True or False? The statement of operations reflects how much cash
came in to the organization and how much went out during the past
year (or other accounting period).
True
False
Give this one a try later!
Answer: Part A. Answer: False
Answer: True False
Don't know?
3 of 70
Term
Historically, which of the following was the most important use of
accounting and financial information?
, A. Determining the compliance of operation with directives
B.Evaluating the financial condition of an entity
C. Evaluating stewardship within an entity
D.Assessing the efficiency of operations
Give this one a try later!
Answer: C. Evaluating the
stewardship Answer: Accrual Accounting
Answer: B. Increases in working
Answer: B. By making a profit capital
Don't know?
4 of 70
Term
Which of the following is most directly related to strategic financial
planning?
A. ROI
B.ROE
C. EVA
D.None of these correct
Give this one a try later!
Answer: A. ROI Answer: D. Cost reimbursement
, Answer: B. Increases in working
Answer: A. goodwill capital
Don't know?
5 of 70
Term
FCA charges against providers can be brought by individuals under
a qui tam action. T/F
Give this one a try later!
True Answer: true
Answer: False False
Don't know?
6 of 70
Term
True or False? The statement of operations reflects how much cash
came in to the organization and how much went out during the past
year (or other accounting period).
Give this one a try later!
