The fixed cost per resident

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Reference no: EM131616044

1. A nursing facility has been notified that reimbursement lag time will increase 5 days this fiscal year. In such a case, which administrative action is most appropriate?

a. The accounting cycle should be shortened

b. Working capital should be decreased

c. The accounting cycle should be lengthened

d. Working capital should be increased

2. If the facility's occupancy increase from 94% to 98%, the fixed cost per resident:

a. Decreases slightly

b. Remains the same

c. Increases slightly

d. Increases significantly

Reference no: EM131616044

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