WMBA 6608 Healthcare Financial Management & Economics Midterms (Qns & Ans) 2026

WMBA 6608 Healthcare Financial Management & Economics Midterms (Qns & Ans) 2026

1. Which of the following is a key component of the revenue
cycle in healthcare organizations?
 A) Human Resource Management
 B) Patient Scheduling
 C) Charge Capture
 D) Facility Maintenance
 ANS: C) Charge Capture
 Rationale: Charge capture refers to the process of recording
services provided to patients and is essential for billing and
revenue collection in healthcare.
2. What financial metric is used to assess a hospital's ability to
meet its short-term obligations?
 A) Net Present Value
 B) Internal Rate of Return
 C) Current Ratio
 D) Debt-to-Equity Ratio
 ANS: C) Current Ratio
 Rationale: The current ratio is a liquidity ratio that measures
an organization's ability to pay short-term obligations with shortterm assets.
3. Economies of scale in healthcare primarily result from:
 A) Increasing the number of healthcare workers.
 B) Increasing labor specialization.
 C) Expanding the scope of healthcare services. 

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