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The overall responsibility of the healthcare delivery in an organization lies with the:

Select one:

a. Board of Directors (BoD)

b. Chief Operations Officer (COO)

c. Chief Financial Officer (CFO)

  d. Chief Executive Officer (CEO)

The techniques of ratio analysis and capital analysis requires the knowledge of all the following EXCEPT:

Select one:

a. Statistics

b. Managerial economics

c. Managerial accounting

d. Information technology

Which of the following is Not TRUE about the tax exempt organizations?

Select one:

a. Serve public interests

b. Operate as non-profit organizations

c. Can be educational or healthcare

d. Distribute dividends to members

Providing an employee a salary greater than the value of the employee's work is called:

Select one:

a. Overtime

b. Benefit

c. Work Value

d. Inurement

Answer rating: 100% (QA)

The overall responsibility of the healthcare delivery in an organization lies with the d Chief Executive Officer CEO The CEO is the top executive of an organization and has the ultimate responsibility for the overall operations of the organization including healthcare delivery The CEO is responsible for setting the strategic direction of the organization managing its finances ensuring the quality of healthcare services and overseeing the work of other executives and employees The techniques of ratio analysis and capital analysis require the knowledge of all the following EXCEPT d Information technology Ratio analysis and capital analysis are financial analysis techniques that are used to evaluate the financial health and performance of an organization These techniques require knowledge of accounting statistics and managerial economics While information technology may be useful in the analysis and presentation of financial data it is not a necessary skill for conducting these types of financial analysis Which of the following is Not TRUE about taxexempt organizations d Distribute dividends to members Taxexempt organizations are nonprofit organizations that are exempt from paying taxes on their income They serve public interests and can be educational or healthcare organizations However taxexempt organizations are not allowed to distribute profits or dividends to their members Instead any surplus revenue must be reinvested in the organizations mission or used to improve its operations Providing an employee a salary greater than the value of the employees work is called d Inurement Inurement refers to the practice of providing excessive compensation or benefits to an employee or executive of a ... View the full answer