Take any 5 Key terms (total 20 terms) from each chapter 4,5,6,7and use them in a sentence (see explanation under the grading rubric for specific instructions. Remember you are not simply defining the terms but using them in sentences.

You can select any 5 terms you wish, define them, and then blend that into a sentence. couple of examples;

i.e. chart of accounts

"I was discussing a budget with my colleague in the pharmacy the other day, she seemed unclear as to what a chart of accounts was. I simply said the chart is a summary of all the accounts an entity may use for accounting purposes"

"organizational chart"

I asked my direct supervisor if I could see my position on the organizational chart. He said the chart defines each department and aspect of management and I was under the direct supervision of the Clinical Mental Health director."

Chapter 4

-Assets

-Equity

-Fund Balance

-Liabilities

-Net Worth

Chapter 5

-Discounted Fee for Service

-Fee for Service

-Managed Care

-Medicaid Program

-Medicare Program

-Payer Mix

-Revenue

Chapter 6

-Cost

-Diagnoses

-Expenses

-Expired Costs

-General Services Expenses

-SupportServices Expenses

-Operations Expenses

-Procedures

-Unexpired Costs

Chapter 7

-Cost Object

-Direct Cost

-Indirect Cost

-Joint Cost

-Responsibility Centers