1. It is assumed that the accounting entity will operate as a ______ and will have an indefinite life.
2. _______ involves the application of like guidelines to a single accounting entity over time.
3. When applied to revenues, the __________ implies that revenue earned does not necessarily correspond to the receipt of cash.
4. A ___________ is defined as an exchange of goods or services from one individual or enterprise to another.
5. ____________ are special accounts that convert the gross value of some other account into a net value.
6. The auditor's standard report consists of three paragraphs:
7. One critical operation that needs attention is ___________, which includes medical coding, contract management, billing and reimbursement.
8. What may cause an unintended impact on reimbursement because of the ICD-9 to ICD-10 migration?
9. George Halvorson recommends buying care "by the package" instead of paying for numerous billing opportunities, or incidents. What disease does he use as an example of this money-saving philosophy?
10. Kaiser Permanente has defined it's Return on Investment (ROI) from computerization in this way, "And because we're basically a $50 billion company now, running _____ or more lower relative to what our operating expenses would have been had we not done the computerization is a significant number."
11. Whereas the income statement reports the results of operations over a period of time, the ________ presents a snapshot of the financial position of an organization at a given point in time.
12. The two main categories of a balance sheet are
13. Perhaps the most important characteristic of the balance sheet is simply that it must balancethat is, the left side must equal the right side. This relationship is called
14. Current assets include cash and other assets that are expected to be converted into cash
15. The difference between total current assets and total current liabilities is called
16. Many healthcare organizations are managing their inventories through a method in which suppliers deliver necessary equipment and supplies just before it is needed, minimizing the cost of inventory on hand. This method is called
17. The current assets section of the balance sheet is listed in order of
18. Long-term securities investments are reported on the balance sheet at
19. __________ are listed at historical cost (the purchase price) minus accumulated depreciation as of the date of the balance sheet.
20. The ______ section of the balance sheet reflects the ownership status of the organization.