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Plymouth BU5430 week 8 quiz

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Question;Question 1;Not yet answered;Points out of 1.00;Not flaggedFlag;question;Question text;Variance analysis answers questions about what may happen if;major assumptions change or if certain predicted events do not occur.;Select one;True;False;Question 2;Not yet answered;Points out of 1.00;Not flaggedFlag question;Question text;A variety of performance measures must be in place in order;for an organizationto be managed effectively.;Select one;True;False;Question 3;Not yet answered;Points out of 1.00;Not flaggedFlag;question;Question text;All three variances must be used in variance analysis.;Select one;True;False;Question 4;Not yet answered;Points out of 1.00;Not flaggedFlag;question;Question text;Quartiles represent a distribution into five classes.;Select one;True;False;Question 5;Not yet answered;Points out of 1.00;Not flaggedFlag;question;Question text;Use variance is the portion of the overall variance caused;by a difference between the actual and expected price of an input.;Select one;True;False;Question 6;Not yet answered;Points out of 1.00;Not flaggedFlag;question;Question text;Estimates might be used if there is a lack of data.;Select one;True;False;Question 7;Not yet answered;Points out of 1.00;Not flaggedFlag;question;Question text;Which is a type of benchmark?;Select one;a. A financial variable reported in an accounting system;b. A financial variable not reported in an accounting system;c. A nonfinancial variable;d. All of the above;Question 8;Not yet answered;Points out of 1.00;Not flaggedFlag;question;Question text;Case mix adjustment refers to adjusting for the acuity level;of the patient.;Select one;True;False;Question 9;Not yet answered;Points out of 1.00;Not flaggedFlag;question;Question text;Flexible budgeting provides a method to get more information;about the composition ofdepartmental expenses.;Select one;True;False;Question 10;Not yet answered;Points out of 1.00;Not flaggedFlag;question;Question text;Benchmarking cannot include analysis of processes within;your own organization.;Select one;True;False

 

Paper#49062 | Written in 18-Jul-2015

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