WGU D253 HCM 3110 Financial Resource Management in Healthcare FA PRE-TEST GUIDE 2026/2027

WGU D253 HCM 3110 Financial Resource Management in Healthcare FA PRE-TEST GUIDE 2026/2027

 1. Which financial ratio is most useful for assessing a healthcare
organization's ability to meet its short-term obligations?
 a) Debt-to-equity ratio
 b) Current ratio
 c) Return on assets
 d) Gross profit margin

 Answer: b) Current ratio
 Rationale: The current ratio measures the ability of a
healthcare organization to meet its short-term obligations with its
short-term assets.
 2. Capital budgeting in healthcare primarily focuses on:
 a) Funding day-to-day operations
 b) Long-term investments in fixed assets
 c) Managing daily cash flow
 d) Short-term investments in marketable securities

 Answer: b) Long-term investments in fixed assets