# HSM 340 Final Exam

This file of HSM 340 Final Exam gives the solution to:1. (TCO 4) When would it make sense to use a flexible budget as compared to a forecast budget? (Points : 30)Question 2. 2. (TCO 7) Explain the difference between a horizontal merger and a vertical merger. (Points : 30)Question 3. 3. (TCO 1) Describe the Outpatient Code Editor. (Points : 30)Question 4. 4. (TCO 1) What is the primary provision of the EMTALA. (Points : 3Question 5.5. (TCO 3) Use the following data to calculate the variances in problem.Question 6. 6. (TCO 2) How are revenues and expenses defined under accrual accounting? (Points : 10)Question 7. 7. (TCO 2) What is an accounting entity? (Points : 10)Question 8. 8. (TCO 5) Define an annuity. (Points : 10)Question 9. 9. (TCO 5) What avenues are available for for-profit healthcare providers to increase their equity position? (Points : 10)Question 10. 10. (TCO 6) What is the working capital cycle and why must it be managed? (Points : 10)Question 11. 11. (TCO 6) Define working capital. What is the difference between working capital and net working capital? (Points : 10)Question 12. 12. (TCO 5) Explain from your findings in problem 6 why the investment increases in value when the number of compounding periods increases? (Points : 10)

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