Understanding Financial Systems in Healthcare

School: Texas Tech University - Course: HPHM 4302 MISC - Subject: Accounting

Question 6 of 401.0 Points The chart of accounts: A. outlines the elements of your company in an organized manner B. maps out account titles with a method of numeric coding C. is designed to compile financial data in a uniform manner that can be de-coded by the user D. all of the above E. (A) and (B) only Answer Key:D Question 7 of 401.0 Points Of the four segments that make a healthcare financial system work, which segment provides evidence that an event has occurred? A. The reporting system B. The accounting system C. The original records D. The information system Answer Key:C Question 8 of 401.0 Points Regarding healthcare financial systems, the knowledgeable manager should be able to:

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