Question

Help to answer 1-10, please

Ch 1

1. Within the origins of financial management, who wrote about the universal function of management in human endeavors?

A) Plato B) Socrates C) The Sumerians D) None of these is correct

2. The basic types of healthcare organizations may be described as:

A) profit-oriented. B) nonprofit-oriented. C) foundations that comply with all legal requirements. D) profit-oriented and nonprofit-oriented. E) None of these is correct.

3. Proprietary entity subgroups include:

A) voluntary entities. B) government entities. C) entities that pay no income tax. D) voluntary and government entities. E) None of these is correct.

4. The purpose of an organization chart includes:

A) indicating how responsibility is assigned to managers. B) illustrating the structure of the organization. C) designating the formal lines of communication between external stakeholders. D) indicating how responsibility is assigned to managers and illustrating the structure of the organization. E) All of these are correct.

5. Which of the following describes the composition of an organization chart?

A) Each box on the chart represents a particular area of management responsibility. B) Each line between the boxes represents a line of authority. C) The overall composition of the chart shows the degree of centralization or decentralization within the organization. D) All of these are correct

6. Managers within healthcare organizations must have one of two views: either financial or process. (True or False)

7. Much of the strategic planning for the organization is performed by managers with a financial view of the organization. (True or False)

8. Management as a discipline for educational purposes did not begin in the United States until after 1900. (True or False)

9. The healthcare industry’s essential business is the delivery of healthcare services. (True or False)

10. Of the four elements of financial management, the planning element makes sure each area of the organization is following the plans that have been established. (True or False)

Answer 1

Q.1. Option B is correct as Socrates rote about the universal function of management in human endeavors.

Q.2. Option C is correct as foundations that comply with all legal requirements are decribed as basic types of healthcare organizations.

Q.3.  Option E is correct ,none is correct regarding the proprietary entity subgroups

Q.4.  Option E is correct as all the options are correct regarding the  purpose of an organization chart.

Q.5. Option D is correct as all the options are correct regarding the composition of an organization chart

Q.6. False statement as managers within healthcare organization may have three views financial views , process view and clinical view

Q.7. True statement as most of the strategic planning for the organization is performed by managers taking the financial view of the organization.

Q.8. False statement

Q.9. True statement as the delivery of healthcare services is the essential business of healthcare industry.

Q.10. False stement