Question: Question 1 ( 0 . 5 points ) The chart of accounts: Question 1 options: A ) outlines the elements of your company in an
Question points
The chart of accounts:
Question options:
A
outlines the elements of your company in an organized manner.
B
maps out account titles with a method of numeric coding.
C
is designed to compile financial data in a uniform manner that can be decoded by the user.
D
All of these are correct.
Question points
A chart of accounts format can contain:
Question options:
A
items.
B
items.
C
items.
D
All of these are correct.
Question points
Of the four segments that make a healthcare financial system work, which segment provides evidence that an event has occurred?
Question options:
A
The accounting system
B
The original records
C
The information system
D
The reporting system
Question points
Of the four segments that make a healthcare financial system work, which segment gathers evidence that an event has occurred?
Question options:
A
The information system
B
The reporting system
C
The accounting system
D
The original records
Question points
Regarding healthcare financial systems, the knowledgeable manager should be able to:
Question options:
A
understand that four separate segments of a system exist.
B
recognize how the segments fit together within a particular organization.
C
recognize where his or her duties fit within these segments.
D
All of these are correct.
Question points
When creating a report to communicate financial information, the manager should:
Question options:
A
organize the body of the report in a logical flow.
B
place extensive detail in the body of the report.
C
place the executive summary in the appendix.
D
All of these are correct.
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