8779559
Description
Quiz by william Hoover, updated more than 1 year ago
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Created by william Hoover
over 7 years ago
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Question 1
Question
Fiscal years encompass this period of time
Answer
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6 months
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12 months
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18 months
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24 months
Question 2
Question
Costs for labor are addressed in a
Answer
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Personnel Budget
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Program Budget
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Capital Budget
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Operations Budget
Question 3
Question
All the following are potentially included in the compensation or personnel budget except
Answer
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Regular salaries or wages
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On call (or callback) pay and other fringe benefits such as paid time off
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Supplies
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Shift Differentials
Question 4
Question
Labor costs represent
Answer
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A huge portion of any CS departments budget
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A very small part of the CS departments overall budget
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Less cost than loaner instrument and implants
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Less cost than they did 5 years ago
Question 5
Question
This budget is used to plan for the purchase of expensive items, for example a new sterilizer or automated washer.
Answer
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Operational Budget
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Equipment Budget
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Expense Budget
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Capital Budget
Question 6
Question
Every healthcare facility has a unique budgeting system
Answer
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True
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False
Question 7
Question
A department that generates revenues within a facility is called a
Answer
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Profit Center
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Cost Center
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Profit Sub-account
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Cost Sub-account
Question 8
Question
A supply budget may be large or small depending on
Answer
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The scope of services that the department provides
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The ability of the purchasing department to get low contracts
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The requirements of the group purchasing organization the facility uses
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The rate of inventory turns
Question 9
Question
Labor costs will increase if staff schedules are not in sync with the workload
Answer
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True
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False
Question 10
Question
Capital budgets include expenditures for all except
Answer
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Fixed assets
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Implants
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Facilities
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Equipment
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