PLEASE ANSWER ALL QUESTIONS.

17. A collaborative relationship in health care includes all of the following EXCEPT: A. Primary collection agencies B. Providers C. Payers D. Patients

18. Providers and payers aligning around an organized effort to promote the overall health of groups of patients is a concept known as: A. Patient Experience B. ACO C. Bundled Payment D. Population Health

19. A major reason that the finance function has taken on a more strategic role is because: A. Finance is responsible for funding the future B. Finance is a repository for substantial amounts of the data needed for decision-making C. Finance is especially qualified in trending and projections D. It is easier for Finance to plan long-term

20. The answer to the question "what is the business intended to do?" is an entity's: A. Business case B. "Elevator speech" C. Tax status classification D. Mission

21. In order to compile an operating budget, managers need to start with: A. Agreement on anticipated revenue B. Revenue and expense trends for the current fiscal year C. Projection of service volumes for the coming fiscal year D. Review of existing cost allocations

22. The process of gathering total data and activity statistics and then allocating the costs of activities to a service is known as: A. Activity-based costing B. The accrual method C. Cost adjusting D. Cost segmentation

23. Ratio analysis provides evidence that an entity is an "ongoing concern." An ongoing concern means: A. The entity has strong creditworthiness B. The entity's Board of Directors needs to exercise fiduciary responsibility to address continuing financial issues C. Obligations are met on a timely basis and the entity continues to operate over time D. The entity passes financial stress testing metrics

24. What is Current assets / Current liabilities? A. Cash position ratio B. Current liabilities ratio C. Current ratio D. Margin

25. What is an "accrual"? A. Estimated expenses B. Estimated earnings C. The actual amount of revenue earned or expense incurred D. Estimated revenue earned or expense incurred

26. The flow of money between the patient, the insurer and the provider of healthcare services is known as: A. Payment B. Healthcare financing C. Reimbursement D. Revenue cycle