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)
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