PLEASE ANSWER ALL QUESTIONS The tool used to assist managers in understanding the relationships between elements in the financial statements is A The management report accompanying financial statements B GAAP reporting requirements C The internal audit D Ratio analysis The comparison of key performance measures relative to the competition, other organizations, or groups of organizations compiled by an industry group is known as A Market position review B Operations assessment C Organizational benchmarking D Organizational performance review A loan that is offered not only to a bank but to private individuals collectively acting as a lender to the business is known as A A mortgage B Equity C A bond D A syndicated bond Metrics to be monitored for decision making are generally established to meet the requirements of all of the following EXCEPT A Consumer groups B Health plans C Government regulations D The entity's strategic plan Population health is A The promotion of wellness plans by insurers B The process of defining personal health standards in the U S C A set of cost and quality standards employed as the basis for reforming government payment systems D The process of managing the provision of health care for a defined group of patients to improve quality and reduce costs Aligning the revenues earned in a given time period (a month, a quarter, or a year) with the expenses incurred to earn that revenue is known as A Accounts reconciliation B The matching principle C Balancing the ledger D Accrual basis accounting Which of the following is NOT a financial statement A Statement of Cash Flows B Balance Sheet C Charity Care D Income Statement In addition to monitoring how long it takes for a health plan to pay a claim, healthcare providers should also monitor which of the following issues in the revenue cycle A The number of claims paid early at the amount expected to be paid B The time from patient discharge to the time a claim is submitted to the health plan C The number of claims per physician and the rate of prompt payments by payer D The rate of patient payments that exceed insurance

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PLEASE ANSWER ALL QUESTIONS The tool used to assist managers in understanding the relationships between elements in the financial statements is: A. The management report

PLEASE ANSWER ALL QUESTIONS

The tool used to assist managers in understanding the relationships between elements in the financial statements is:

A. The management report accompanying financial statements
B. GAAP reporting requirements
C. The internal audit
D. Ratio analysis

The comparison of key performance measures relative to the competition, other organizations, or groups of organizations compiled by an industry group is known as:

A. Market position review
B. Operations assessment
C. Organizational benchmarking
D. Organizational performance review

A loan that is offered not only to a bank but to private individuals collectively acting as a lender to the business is known as:

A. A mortgage
B. Equity
C. A bond
D. A syndicated bond

Metrics to be monitored for decision-making are generally established to meet the requirements of all of the following EXCEPT:

A. Consumer groups
B. Health plans
C. Government regulations
D. The entity's strategic plan

Population health" is:

A. The promotion of wellness plans by insurers
B. The process of defining personal health standards in the U.S.
C. A set of cost and quality standards employed as the basis for reforming government payment systems
D. The process of managing the provision of health care for a defined group of patients to improve quality and reduce costs

Aligning the revenues earned in a given time period (a month, a quarter, or a year) with the expenses incurred to earn that revenue is known as:

A. Accounts reconciliation
B. The matching principle
C. Balancing the ledger
D. Accrual basis accounting

Which of the following is NOT a financial statement?

A. Statement of Cash Flows
B. Balance Sheet
C. Charity Care

D. Income Statement

In addition to monitoring how long it takes for a health plan to pay a claim, healthcare providers should also monitor which of the following issues in the revenue cycle?

A. The number of claims paid early at the amount expected to be paid
B. The time from patient discharge to the time a claim is submitted to the health plan
C. The number of claims per physician and the rate of prompt payments by payer
D. The rate of patient payments that exceed insurance