Practice Quiz

Nurse Executive Certification Exam Prep

Category - Nurse Executive Practice Test

Start a Study Session Sign up for Question of the Day
Nearly all health care facilities use computerized formatted accounting systems and templates. One of the primary reasons that computerized accounting systems are highly beneficial to health care agencies is because these systems:
  1. Prove that they have not made a profit when they are a “not-for-profit” facility.
  2. Comply with the U.S. Paperwork Reduction Act.
  3. Decrease staff and staff salaries.
  4. Ensure accurate and manipulative data in order to make knowledgeable decisions.
Explanation
Answer: D - One of the primary reasons that computerized accounting systems are used is to enable health care agencies to make knowledgeable decisions that are based on accurate data. Computerized accounting systems, using spreadsheets like Excel, are not subject to human mathematical errors, and the data is able to be manipulated for more complex analysis than is possible with paper accounting systems.
Previous Next
Was this helpful? Upvote!
Login to contribute your own answer or details
Start a Study Session Sign up for Question of the Day

Top questions

Related questions

Most popular on PracticeQuiz