Greatest expenditure increase

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Reference no: EM13748307

Question 1: The United States spent more than _________ on health care in 2004.

$1 trillion
$4.14 trillion
$1.9 trillion
$3 trillion

Question 2: The two trends emerging faster and with more power than in the past are _________ and _________.

genomic medicine; drug therapy.
natural healing; drug therapy.
homeopathy; gene therapy.
defensive medicine; community health.

Question 3: _________ is an extension of much of the gene therapy that was done throughout the 1990s.

Medical therapy
Drug therapy
Pharmacogenetics
Pharmacology

Question 4: The areas with the greatest expenditure increase between 2004 and 2016 are health care and _________.

education.
drugs.
welfare.
child care.

Question 5: The fixed expenses are generally specific to a program and they do not vary with _________.

expenses.
volume.
profitability.
margin.

Question 6: It is important to be relatively conservative when estimating volumes, _________, and net revenues.

volume
contractual adjustments
demand
net revenue rate

Question 7: It is estimated that health care spending will increase to _________ by the year 2016.

$ trillion
$4.14 trillion
$1.9 trillion
$3 trillion

Question 8: To determine the _________ for a new service, it is essential to be able to estimate the volume of the new service and the cost per unit of the service.

expenses
variable expense
profitability
margin

Question 9: Because most project expenses are _________, it is important to have the volume assumption completed before an estimate of staffing and supplies can begin.

fixed
adjustable
variable
constant

Question 10:

The second toughest assumption in any pro-forma is often the _________ assumptions because of the significant possibility of being over optimistic.

volume
expenses
demand
net revenue rate

Reference no: EM13748307

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