LSUS MHA 706 MIDTERM EXAM WITH ALL CORRECT & 100%
VERIFIED ANSWERS|LATEST EXAM|ALREADY GRADED A+
1. The major provisions of the Patient
-Banning of preexisting condition
Protection & Affordable Care Act of 2010
coverage limitations
were?
-Free preventative care
-Medicaid expansion
-The CFO typically reports directly
2. Which of the following statement(s)
to the chief executive oflcer
about the finance department a t large
(CEO)
healthcare orga- nizations is/are
-The CFO is usually assisted by a
correct?
comptroller and treasurer
-The department is headed by
the chief financial oflcer (CFO)
(some- times called the vice
president-fi- nance)
-Vendor
3. In a not-for-profit hospital, the -Employee
following are example(s) of a -Community
stakeholder.
4. Stockholders have all of the following right(s)... -Claim on residual
liquidation pro-
ceeds
-Right of control
-A possible dividend and/or
capital gains
5. Which of the following statements Financial management provides
about fi- nance accounting, and financial the theory, concepts, and tools
management is most correct? necessary to help managers
make better finan- cial
decisions.
1/
20
,LSUS MHA 706 MIDTERM EXAM WITH ALL CORRECT & 100%
VERIFIED ANSWERS|LATEST EXAM|ALREADY GRADED A+
6. External reporting What is a DISADVANTAGE of
being a corporation?
7. Facilities management
2/
20
, LSUS MHA 706 MIDTERM EXAM WITH ALL CORRECT & 100%
VERIFIED ANSWERS|LATEST EXAM|ALREADY GRADED A+
Which of the following are not finance
activities?
8. What is NOT a advantage of proprietorship? Unlimited liability
9. A not-for-profit corporation can also be False
called a 529(b).
10. The primary goal of investor-owned True
corpora- tions is shareholder wealth
maximization.
11. Copayments The fixed amount for a covered
ser- vice that the insurer
mandates that the patient pay to
the provider before the patient
receives service from the
provider.
12. Coinsurance Requires an individual to pay for
a certain percentage of the eligible
medical expenses.
13. Adverse selection Individuals at greater risk of
needing health care are more
likely to pur- chase insurance.
14. Deductibles The amount that must be paid out
of pocket by the policyholder
before an insurance provider will
pay any ex- penses.
15. Moral hazard The risk of overuse of health
services because the insured
3/
20
VERIFIED ANSWERS|LATEST EXAM|ALREADY GRADED A+
1. The major provisions of the Patient
-Banning of preexisting condition
Protection & Affordable Care Act of 2010
coverage limitations
were?
-Free preventative care
-Medicaid expansion
-The CFO typically reports directly
2. Which of the following statement(s)
to the chief executive oflcer
about the finance department a t large
(CEO)
healthcare orga- nizations is/are
-The CFO is usually assisted by a
correct?
comptroller and treasurer
-The department is headed by
the chief financial oflcer (CFO)
(some- times called the vice
president-fi- nance)
-Vendor
3. In a not-for-profit hospital, the -Employee
following are example(s) of a -Community
stakeholder.
4. Stockholders have all of the following right(s)... -Claim on residual
liquidation pro-
ceeds
-Right of control
-A possible dividend and/or
capital gains
5. Which of the following statements Financial management provides
about fi- nance accounting, and financial the theory, concepts, and tools
management is most correct? necessary to help managers
make better finan- cial
decisions.
1/
20
,LSUS MHA 706 MIDTERM EXAM WITH ALL CORRECT & 100%
VERIFIED ANSWERS|LATEST EXAM|ALREADY GRADED A+
6. External reporting What is a DISADVANTAGE of
being a corporation?
7. Facilities management
2/
20
, LSUS MHA 706 MIDTERM EXAM WITH ALL CORRECT & 100%
VERIFIED ANSWERS|LATEST EXAM|ALREADY GRADED A+
Which of the following are not finance
activities?
8. What is NOT a advantage of proprietorship? Unlimited liability
9. A not-for-profit corporation can also be False
called a 529(b).
10. The primary goal of investor-owned True
corpora- tions is shareholder wealth
maximization.
11. Copayments The fixed amount for a covered
ser- vice that the insurer
mandates that the patient pay to
the provider before the patient
receives service from the
provider.
12. Coinsurance Requires an individual to pay for
a certain percentage of the eligible
medical expenses.
13. Adverse selection Individuals at greater risk of
needing health care are more
likely to pur- chase insurance.
14. Deductibles The amount that must be paid out
of pocket by the policyholder
before an insurance provider will
pay any ex- penses.
15. Moral hazard The risk of overuse of health
services because the insured
3/
20
