Posted: March 1st, 2023
BHA 4053 Management in Health Care Administration
Question description
BHA 4053 Management in Health Care Administration
Question 1
Which of the following is not one of the three things
needed to determine when the very first budget steps have to be taken in any
given year?
The date
that the budget must be presented to the board.
The amount
of time needed between budget activities.
The amount
of time needed for each activity.
The outcome
of each activity.
Question 2
_________ is a concept sometimes used in volume
budgeting, and it is, often employed as the means to balance a budget that for
one reason or another does not come out right the first time.
Demographic
changes
Physician
inputs
Bonds
Wishful
thinking
Question 3
Labor costs typically make up between _________ of
all expenses in a typical healthcare organization.
40-55%
50-70%
20-35%
60-70%
Question 4
Which of the following is one of the cons of
bottom-up budgeting?
Administration
is perceived as autocratic, not participative.
There is
less chance of the managers needing to redo their work to “balance the
budget” as the assumptions change.
The budget
volumes may be closer to reality.
Managers
have no incentive to set aggressive targets.
Question 5
_________ is defined as revenues and expense levels imposed
by the administration and directed down to the manager who is expected to
achieve them.
Top-down
budgeting
Bottom-up
budgeting
Capital
budgeting
Administrative
budgeting
Question 6
_________ is defined as revenues and expense levels
as determined by each department manager and aggregated to establish the
organization-wide budget.
Top-down
budgeting
Bottom-up
budgeting
Bottom-down
budgeting
Organization-wide
budgeting
Question 7
Which of the following is NOT one of the elements of
the budget calendars used at RHMC?
outcome
responsible
parties
activities
date
Question 8
Which of the following is one of the cons of top-down
budgeting?
Administration
is perceived as autocratic, not participative.
There is
less chance of the managers needing to redo their work to “balance the
budget” as the assumptions change.
The budget
volumes may be closer to reality.
Managers
have no incentive to set aggressive targets.
Question 9
One of the key inpatient volume drivers is _________.
cost.
length-of-stay
statistics.
time of the
year.
wishful
thinking.
Question 10
Which of the following is a pro of presenting a
budget to the board of directors for approval 70 to 90 days before the next
budget year begins?
There may
not be enough time to prepare and deliver the results of the approved budget
to the department managers.
The data and
information used to project volumes is not current.
The data and
information used to prepare the budget, particularly the volumes, are the
most current available.
There is
more time to prepare and deliver the results of the approved budget to the
department managers.
Question 11
Assignment help – Discuss the most important steps in the operating
budget process. Why are these more important than the other steps?
Question 12
Which is better the top-down budgeting process or the
bottom-up methods? Why?
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