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Questions
Part 1: For each term in Column A, select the correct definition from Column B on the right. Write the corresponding letter of the definition next to the term.
Column B – Definitions
A. Inflow of money to the organization
B. Responsible for service delivery
C. Generated during reporting period of an organization
D. Costs that relate to earning revenue
E. A map outlining the elements of an organization
F. Steps that must be taken to accomplish the organization’s objectives
G. Illustrates all transactions for a reporting period
H. Comparing reports from earlier periods
I. Responsible for data accumulation
J. Exempt from paying income taxes
K. Provides immediate operating information
Column A
1. Quarterly reporting
2. Revenue
3. Clinical view
4. Nonprofit organization
5. Process view
6. Planning
7. Controlling
8. Chart of accounts
9. Expenses
10. General ledger
Column B – Real-World Examples
L. Rendering service to patients
M. Tenet health care system
N. Emergency department manager
O. Ascension health care system
P. Salary for labor performed
Q. Decision making process
R. Director of information systems operations
S. Medicare cost report
T. Ensuring organization is following the plans that have been established
U. Departmental budgeting
V. Verification of patient information