1. Question 21
2. 2 Points
3. Payment for a service at the point when the expense is incurred, is called a disbursement.
5. True
6. False
7. Question 22
8. 2 Points
9. The proportion of revenues from different Health Insurance Companies is referred to as:
11. Payer mix
12. Charity services
13. Contribution margins
14. Contractual Allowances
15. Question 23
16. 2 Points
17. A shared, joint or common cost is also known as an indirect cost.
19. True
20. False
21. Question 24
22. 2 Points
23. How many categories of healthcare expenses exist?
25. One
26. Two
27. Three
28. Four
29. Question 25
30. 2 Points
31. Which of the following is not an expense?
33. Insurance reimbursements
34. Interest payments
35. Payroll taxes
36. Worker's salaries
37. Question 26
38. 2 Points
39. Prescription drugs are provided under the Medicare __________________ Plan.
41. Part A
42. Part B
43. Part C
44. Part D
45. Question 27
46. 2 Points
47. Accounts payable represent money owed by the hospital to its suppliers.
49. True
50. False
51. Question 28
52. 2 Points
53. When used for the sole benefit of a particular unit or a particular task, a cost is called:
55. Expired
56. Direct
57. Traced
58. Limited
59. Question 29
60. 2 Points
61. Expired costs that are 'used-up' doing business are also known as:
63. Expenses
64. Inflows
65. Cost objects
66. Service lines
67. Question 30
68. 2 Points
69. Charges are revenue or inflow and represent money to be paid by the organization.
71. True
72. False
73. Question 31
74. 2 Points
75. A profit center is also known as a :
77. Service line
78. Service center
79. Responsibility center
80. Responsibility line
81. Question 32
82. 2 Points
83. A project that has its own objectives is referred to as a:
85. DRG
86. MDC
87. Cost Center
88. Program
89. Question 33
90. 2 Points
91. Actual or expected cash inflows are referred to as:
93. Income
94. Revenue streams
95. Net gain
96. Contribution margins
97. Question 34
98. 2 Points
99. The amount of cash 'used-up' for goods and services is called:
101. Revenues
102. Costs
103. Charges
104. Cost centers
105. Question 35
106. 2 Points
107. The following are features of programs except:
109. They are related to an organization's objectives
110. They are separately funded
111. They exist for finite periods
112. They design their own systems
113. Question 36
114. 2 Points
115. A cost that is not incurred for any particular unit in the organization is called:
117. A Traced Cost
118. An Indirect Cost
119. A Cost Object
120. A Cost Center
121. Question 37
122. 2 Points
123. An allowance for bad debt is considered as a provision for:
125. Charity services
126. Doubtful accounts
127. Extended liabilities
128. Extended costs
129. Question 38
130. 2 Points
131. The primary/major source of general revenue is Health Insurance Coverage.

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1. Question 39
2. 2 Points
3. A grouping of costs and cost centers is known as a:
5. Service line
6. Service center
7. MDC
8. Responsibility center
9. Question 40
10. 2 Points
11. hospital use MDCs as Service Lines.

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1. Question 41
2. 2 Points
3. The benefits of the groupings of patients in revenue is that it would be easier to match revenues and expenses to each other.

• Blank 1

1. Question 42
2. 2 Points
3. services Expenses represent services that are not needed to maintain patient but just needed for support.

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1. Question 43
2. 2 Points
3. A cost center is a form of:
5. Service line
6. Support service
7. Patient category
8. Responsibility center
9. Question 44
10. 2 Points
11. Automatic enrollment for Medicare is provided under:
13. Part A
14. Part B
15. Part C
16. Part D
17. Question 45
18. 2 Points
19. Commercial Insurers pay providers for __________ provided healthcare services.
21. Certified
22. Approved
23. Eligible
24. Cost-effective
25. All of the above
26. Question 46
27. 2 Points
28. Medicare enrollees pay a premium for enrollment in:
30. Part A
31. Part B
32. Part C
33. Part D
34. Question 47
35. 2 Points
36. Managed Care Plans and Private Fee-for-Service Plans are features of Medicare ____________
38. Part A
39. Part B
40. Part C
41. Part D
42. Question 48
43. 2 Points
44. If an operating unit no longer exists but its related costs still exist, these are direct costs.
46. True
47. False
48. Question 49
49. 2 Points
50. A cost that is matched against future revenues is called:
52. Used-up
53. Unexpired
54. Direct
55. Paid
56. Question 50
57. 2 Points
58. Period costs are necessary to support the existence of the organization.
60. True
61. False