Transcribed Image Text
QUESTION 4In a forecast of budgeted Revenues, the forecast is most affectedby:a.The expertise of the forecasterb.The assumptions used in preparing the forecastc.The level of expenses aanticipatedd.None of the above answers are correctQUESTION 5The concept of present-value analysis is based on the beliefthat:a.Today's dollar will be worth the same in 2 yearsb.The value of a dollar in the future is less than the value of thedollar todayc.The value of a dollar in the future is higher than the value of thedollar today.d.None of the above answers are correctQUESTION 6In building a revenue forecast for your organization, yourassumptions can be based upon or affected by:a.Trend analysisb.Utilization changesc.Payer rate changesd.All of the abovee.None of the aboveQUESTION 7When evaluating an organization's Total Accounts Receivable, we usethe measure "Days Receivable", when using this measurea.A higher number of days receivable is betterb.A lower number of days receivable is betterc.This is the wrong measure to use, instead we should use Days Cashon Handd.None of the above answers are correct