Question 11 (2.5 points)
Which of the following is an organization’s principal tool for financial planning that usually forecasts revenue and expenses for the next fiscal year?
Question 11 options:
Financial report
Profit and loss report
Financial ledger
Budget
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Question 12 (2.5 points)
Incidents that can result in financial loss or lead to litigation are called:
Question 12 options:
potentially compensable risks.
potentially compensable measures.
potentially compensable actions.
potentially compensable events.
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Question 13 (2.5 points)
Which of the following is NOT a step of claims management?
Question 13 options:
Comparison of litigation cases with other facilities
Management of litigation
Initial investigation of claims
Negotiation of settlement of claims out of court
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Question 14 (2.5 points)
All of the following statements are true of appointment schedulers EXCEPT:
Question 14 options:
he or she must understand the provider’s scheduling wishes.
he or she must be a skilled manager.
he or she must be able to work under pressure.
he or she must be familiar with the requirements of different types of appointments.
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Question 15 (2.5 points)
Which of the following situations should be reported on an incident report?
Question 15 options:
Patient fall
Medication error
Visitor fall
all of the above
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Question 16 (2.5 points)
Which of the following statements is NOT true of an accounts payable system?
Question 16 options:
It provides an overview of money due in different categories.
It controls the outflow of money for expenses.
It is used to manage payments for recurring expenses.
It can print checks or authorize EFTs to pay bills.
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Question 17 (2.5 points)
Computing an employee’s taxable wages is part of:
Question 17 options:
payroll accounting.
payroll administration.
accounts payable.
Both a and b
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Question 18 (2.5 points)
Setting a minimum quantity threshold on supplies in an inventory system prevents:
Question 18 options:
getting too many supplies.
running out of supplies.
ordering duplicate supplies.
ordering of supplies.
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Question 19 (2.5 points)
Payroll administration includes which of the following activities?
Question 19 options:
Generating reports payroll activities.
Complying with federal, state, and local employment laws
Keeping records
All of the above are included in payroll administration.
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Question 20 (2.5 points)
Systems used to order supplies, drugs, and equipment are called:
Question 20 options:
ordering systems.
purchasing systems.
stocking systems.
inventory systems.
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