Chapter 7: Applications for Managing Institutions Delivering Healthcare

Health Informatics an Interprofessional Approach 1st Edition By Nelson Staggers

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Chapter 7: Applications for Managing Institutions Delivering Healthcare

 

Complete Chapter Questions With Answers

 

Sample Questions Are Posted Below

 

MULTIPLE CHOICE

 

  1. A financial information system (FIS) includes:
a. accounts receivable management, accounts payable management, and fiscal reporting management.
b. clinical systems management, accounts receivable management, and fiscal reporting management.
c. accounts payable management, accounts receivable management, and clinical systems management.
d. fiscal reporting management, accounts payable management, and clinical systems management.

 

 

ANS:  A

FISs are not involved with the clinical management of care. Accounts receivable management, accounts payable management, and fiscal reporting management are financial management processes and included in an FIS.

 

DIF:    Cognitive Level: Remember            REF:   pp. 108-110

 

  1. Financial reporting is a vital part of decision making in healthcare organizations. Which report would be used to show a snapshot of the bottom line?
a. Balance sheet or statement of financial position
b. Cash flow statements
c. Assets, liabilities, and equity
d. Income statement or statement of operation

 

 

ANS:  D

Income statements reflect the following formula: revenue – expenses = profit. This is often referred to as the bottom line. The balance sheet, on the other hand, reflects an organization’s assets, liability, and equity.

 

DIF:    Cognitive Level: Understand            REF:   p. 110

 

  1. Return on investment (ROI) in financial information systems (FISs) is challenging because:
a. patient accounting is considered an intangible asset.
b. FISs systems are very complex.
c. FISs often lose money due to complexity.
d. staff requires substantial training, which is very costly.

 

 

ANS:  A

Decision makers may have a more challenging time realizing the return on investment or understanding the importance of the investment in FISs, since information technology software applications, such as patient accounting or revenue, are considered  intangible assets.

 

DIF:    Cognitive Level: Apply                   REF:   p. 110

 

  1. The supply item master is:
a. an electronic history of all transactions.
b. an electronic pricing list of all supplies and services.
c. a list of all items available to order in the organization.
d. a list of vendors who supply items to the organization.

 

 

ANS:  C

The supply item master is the master list of supplies available to order in the organization.

 

DIF:    Cognitive Level: Remember            REF:   p. 116

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