Question: Take any total 20 terms (total) from each chapter 4,5,6,7and use them in a sentence (see explanation under the grading rubric for specific instructions. Remember

Take any total 20 terms (total) 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 20 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

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