Healthcare risk management business

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Reference no: EM133068431

1. Being in a Managerial Finance class and as managers in the healthcare risk management business majors one of our major aim would be

a. to narrow the gap as much as possible between what is and what ought to be
b. to narrow the gap between customers demand and the business ability to meet needs
c. to narrow the gap between investment and expenses
d. to narrow the gap between assets and liabilities

2. In managerial finance we use reliable and valid accounting information because

a. a. We do not have capital market value information
b. b. If we have market value information accounting information would only play a secondary role
c. c. If and when we have capital market information, we will use it instead of accounting information
d. d. all of the above is true
e. e. none of the above is true

3. The cash budget would entail.......

a. The project sales over the planning period
b. The receipts of cash over the period
c. The disbursements of cash over the given period
d. All of the above
e. None of the above

4. Assuming you got an invoice for essential health supplies as a manager of you healthcare business with the discount condition of:
2/10 net 30. You do not have the cash but you would borrow at an acceptable rate what is the maximum rate you should borrow to take the discount

a. 37%
b. 40%

5. The cash budget is a short-run financial planning tool, which seeks to identify short-term financial needs and opportunities and allows the financial manager to explore the need for short-term borrowing, whenever there is a short fall in cash over the given cash conversion cycle

a. none of the above
b. allows the financial manager to explore the need for short-term borrowing, whenever there is a short fall in cash
c. all of the above
d. a short-run financial planning tool
e. seeks to identify short-term financial needs and opportunities

Reference no: EM133068431

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