HACM9102: Financial Management and Economics in Health Care - Assignment
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1.The primary role of financial management in healthcare organizations is to manage _____ to achieve the financial goals of the organization.
- human capital and the supply chain
- social branding and marketing
- money and risk
- information technology and security
2.Shawn is part of the financial team in a healthcare organization. When making an expenditure, he must consider the _____ and benefit of the investment and the _____ that will be incurred.
- cost, debt
- optics, dividends
- cost, patients
- debt, patients
3. Emily works at a healthcare organization and wants to hire someone who is trained to identify, assess and mitigate risks. Who should she hire?
- An accountant
- An IT manager
- An actuary
- An operations manager