Mission-driven non-profit healthcare organizations are more interested in which risk or risks

Mission-driven non-profit healthcare organizations are more interested in which risk or risks:

A Portfolio risk

B Portfolio and Stand-alone risk

C Portfolio and Market risk

D

Corporate and Stand-alone risk

2. If an investor tends to be more risk averse, he/she will choose an investment that has both a lower risk and a lower rate of return.

True

False

3. The Future Value of $50 at the end of 3 years at 5% interest can be expressed as:

A $57.88

B $50 x 1.05 x 1.05 x 1.05

C FV3 = $50 x (1.05)3

D Any of the above

4. Future dollars are worth more than current dollars because these dollars provide an additional interest earnings

True

False

5. Financial _________  provides managers with the tools to make better financial decisions.

6. The financial plan includes the following components in this order: 1) financial condition (including capital investments and financing; 2) current accounts and revenue cycle; and 3) budgeting and control.

True

False

7. If Hospital A had budgeted a profit of $550,000 for the year and ended the year with a profit loss of ($35,000), its profit variance was:

A There is not enough information to answer

B ($585,000)

C $585,000

D ($515,000)