Liberty University BUSI 311 Quiz 4 Complete Solutions Correct Answers Key

A fully solved Quiz 4 for BUSI 311, covering important business principles.

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Liberty UniversityBUSI311 quiz4complete solutions correct answers key5 different versions.Question 1 Access to the care of specialist physicians is limited in which type of health plan?Question 2 Which type of HMO offers the most flexibility for participating physicians?Question3Theprimaryreasonswhymaterialsmanagementissoimportanttohealthcareorganizations include all of the following exceptQuestion 4 The commonly accepted method for valuing inventory that produces an inventory ofnewer items is referred to asQuestion 5 The Medicare Prescription Drug, Improvement & Modernization Act of 2003 includesprovisions to:Question 6 The types of costs that change directly in relation to changes in volume are calledQuestion 7 The Medicare prospective payment system for reimbursing hospitals utilizesQuestion 8 A high deductible health plan with a savings option represents a form of consumerdriven health plan that:Question 9 In the wake of health care reform, most health care executives believe that the newreform policies will:Question 10 Private health insurance coverage includes the following types:Question 11 The growth in health insurance in the U.S. came about as a result of:Question 12 Using working capital to enhance "good will" toward the healthcare organizationincludesQuestion 13 The volume of production in units and sales of goods or services, where total costsequal total revenues, is calledQuestion 14 Problems associated with the care of active military personnel and retirees include allof the following EXCEPT:Question 15 The primary reason that healthcare managers should be concerned about healthcarefinancing and health insurance is:

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