$1.$ Explain the difference between a Fixed Cost and a Variable Cost.

$2.$Name the four different financial statements. $$

$3.$What is NOT a governmental source of healthcare revenue?

A$.$ Medicare

B$.$ Medicaid

C$.$ Department of Veteran$$s Affairs

D$.$ Commercial Revenue$$

$4.$Which of the following is considered an Indirect Cost?$$

A$.$Real Estate Taxes

B$.$Emergency Department

C$.$Physical Therapy Department

D$.$Occupational Therapy Department

$$

$5.$Is the following statement true or false?$$

$$Direct costs can be specifically associated with a particular patient, work group, or department.$$

A$.$ True$$ B$.$ False

$6.$What are the two types of disbursements for services?$($Choose Only One Answer$)$

A$.$Payment when Expense is Incurred and Payment after

$$ expense is incurred.

B$.$Cash payment and Credit Card payment.

C$.$Administrative payment and Support payment

D$.$General Services payment and Petty Cash payment $$

$7.$What are the four parts of the Financial System in health Care?

$1.$

$2.$

$3.$

$4.$

$$

$8.$Which of the following is NOT a Subsidiary Journal?

A$.$ Payroll Journal

B$.$ Assets Journal

C$.$ Cash Receipts Journal

D$.$ Accounts Payable Journal

E$.$ Cash Disbursements Journal

$9.$Name five reasons for an organization to experience employee turnover.

$$

$10.$ Which of the following is an example of an Indirect Cost?

A$.$ Utility Costs

B$.$ Human Resource Costs

C$.$ Medical Surgical Costs

D$.$ Nursing Costs

E$.$ All of the Above

$$

$11.$ It is NOT common to find departments as cost centers.$$

A$.$True$$ B$.$ False

$$

$14.$ What is the formula in Excel to add a column of numbers?$$

$15.$ Give a brief explanation of a Fixed Cell reference.

$16.$ The major expense for providers in health care is:

A$.$ Depreciation

B$.$ Capital

C$.$ Labor

D$.$ Benefits

$$

$17.$ What is the definition of Productive Time and how does it differ from

$$ Nonproductive Time?$$