Week 4 - Quiz_ HCA312_ Health Care Finance
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Ashford University *
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Course
312
Subject
Finance
Date
Feb 20, 2024
Type
Pages
11
Uploaded by MateWasp2013
2/4/24, 3:40 PM
Week 4 - Quiz: HCA312: Health Care Finance (HCI2402A)
https://uagc.instructure.com/courses/127147/quizzes/383476
1/11
Week 4 - Quiz
Due
Feb 4 at 11:59pm
Points
15
Questions
15
Time Limit
180 Minutes
Allowed Attempts
3
Instructions
Attempt History
Attempt
Time
Score
LATEST
Attempt 1
9 minutes
15 out of 15
Correct answers are hidden.
Time Value of Money and Ratios Quiz
[WLOs: 1, 2, 3] [CLOs: 1, 2, 3, 4, 5]
Prior to beginning work on this quiz, review Chapters 12, 13, 14, and 15 in your course textbook and review the What You Should Know
About the Time Value of Money
(https://www.propertymetrics.com/blog/2014/06/17/time-value-of-money/) and the Driving Growth article.
This quiz assesses your knowledge on the time value of money and the ratios used to in the budgeting process.
The quiz contains 15 multiple choice and matching questions and is worth 4% of your course grade. You have three hours and three
attempts to complete the quiz. The highest score will be shown in the gradebook.
Take the Quiz Again
2/4/24, 3:40 PM
Week 4 - Quiz: HCA312: Health Care Finance (HCI2402A)
https://uagc.instructure.com/courses/127147/quizzes/383476
2/11
Score for this attempt: 15
out of 15
Submitted Feb 4 at 2:40pm
This attempt took 9 minutes.
1 / 1 pts
Question 1
Match the following terms to their definitions:
Debt service coverage ratio (DSCR)
a solvency ratio universally Liabilities to fund balance
a solvency ratio used as a q
Return on total assets
a profitability ratio generally
Internal rate of return
a return-on-investment met
Unadjusted rate of return
an unsophisticated return o
1 / 1 pts
Question 2
2/4/24, 3:40 PM
Week 4 - Quiz: HCA312: Health Care Finance (HCI2402A)
https://uagc.instructure.com/courses/127147/quizzes/383476
3/11
Match the following terms to their definitions:
Payback period
The length of time required Forecasts
Information used for purpos
Common sizing
A process of converting dol
Controllable expenses
Subject to a manager's own
1 / 1 pts
Question 3
Matthew is the department manager of a small rural hospital. He is reviewing the expenses of the
hospital and is looking at the mortgage and taxes. These expenses are considered _____.
profitability ratios internal rate of return controllable expenses
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Week 4 - Quiz: HCA312: Health Care Finance (HCI2402A)
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4/11
noncontrollable expenses 1 / 1 pts
Question 4
The _____ is a solvency ratio used as a quick indicator of debt load.
liabilities to fund balance internal rate of return operating margin none of the above 1 / 1 pts
Question 5
Match the following terms to their definitions:
Monetary unit
a measure of units of curren
Inflation
an increase in the volume o
2/4/24, 3:40 PM
Week 4 - Quiz: HCA312: Health Care Finance (HCI2402A)
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Current ratio
A liquidity ratio considered t
Liquidity ratios
Ratios that reflect the ability
Annualize
To convert data to an annua
1 / 1 pts
Question 6
The _____ is the formula used in credit analysis to measure the ability to pay debt.
liabilities to fund balance internal rate of return current ratio operating margin 1 / 1 pts
Question 7
2/4/24, 3:40 PM
Week 4 - Quiz: HCA312: Health Care Finance (HCI2402A)
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6/11
The _____ is generally expressed as a percentage, which is used for managerial purposes and also
sometimes enters into credit analysis.
current ratio liabilities to fund balance internal rate of return operating margin 1 / 1 pts
Question 8
Tiana is the business manager of a health care clinic. She has the power to change the hiring wages,
number of employees in the different departments for which she is responsible, materials used, and
the amount of time spent on service. These are all examples of _____.
profitability ratios internal rate of return controllable expenses noncontrollable expenses
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Week 4 - Quiz: HCA312: Health Care Finance (HCI2402A)
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1 / 1 pts
Question 9
Match the following terms to their definitions:
Operating margin
A profitability ratio generally
Profitability ratios
Ratios that reflect the ability
Quick ratio
A liquidity ratio considered t
Solvency ratios
Ratios that reflect the ability
Noncontrollable expenses
Costs that are outside man
1 / 1 pts
Question 10
_____ reflect the ability of the organization to operate with an excess of operating revenue over
operating expenses.
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Week 4 - Quiz: HCA312: Health Care Finance (HCI2402A)
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Profitability ratios Internal rate of return Forecasts Operating margin 1 / 1 pts
Question 11
Match the following terms and definitions:
Trend analysis
The process of comparing a
Vertical analysis
A process of converting dol
Present value analysis
An analysis concept based Days cash on hand (DCOH)
a liquidity ratio that indicate
Days receivables ratio
A liquidity ratio that represe
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Week 4 - Quiz: HCA312: Health Care Finance (HCI2402A)
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9/11
1 / 1 pts
Question 12
ABC Health care’s comptroller, Stanlee is looking at the company’s ability to pay short-term and long-
term debt. This is called:
days cash on hand (DCOH) debt service coverage ratio (DSCR) current ratio operating margin 1 / 1 pts
Question 13
Next, Stanlee is calculating the number of days of operating expenses represented in the amount of
unrestricted cash on hand. This is called:
days cash on hand (DCOH) debt service coverage ratio (DSCR) current ratio
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operating margin 1 / 1 pts
Question 14
____ is a return-on-investment method. It is defined as the rate of interest that discounts future net
flows.
Profitability ratios Internal rate of return Forecasts Operating margin 1 / 1 pts
Question 15
_____ are used for short-term to long-term financial planning.
Internal rate of return Forecasts
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Week 4 - Quiz: HCA312: Health Care Finance (HCI2402A)
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11/11
Profitability ratios None of the above Quiz Score: 15
out of 15
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