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2024 MHA Financial Management Midterm Exam New Latest Version/ Best Studying Material with All Questions and Answers

2024 MHA Financial Management Midterm Exam New Latest Version/ Best Studying Material with All Questions and Answers

2024 MHA Financial Management Midterm
Exam New Latest Version/ Best Studying
Material with All Questions and Answers
definition of healthcare finance depends on the context of: --------- Correct Answer -------
--- 1) policymaker or manager
2) type of healthcare organization
Health care finance --------- Correct Answer ---------- the practice of finance, including
both accounting & financial management, within health services (provider) organizations
net assets ---------- Correct Answer ----------- in not-for-profit businesses, the term often
used in place of equity
retained earnings ---------- Correct Answer ----------- the portion of net income that is
retained within the business as opposed to paid out as dividends
par value ---------- Correct Answer ----------- the face value of a security
fund accounting ---------- Correct Answer ----------- a system for recording financial
statement data that categorizes accounts as restricted or unrestricted

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