Every Month the Chief Financial Officer (CFO) Reviews the Budget

question 29

Multiple Choice

Every month the chief financial officer (CFO) reviews the budget with the hospital's board of directors. The CFO requests a million dollars to purchase a new MRI (magnetic response imaging) unit for the radiology department. Which category best describes this request?

• A) Non-revenue expense
• B) Capital expense
• C) Variable cost
• D) Allocation of funds

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Definitions:

Presbyopia

A condition associated with aging in which the eye exhibits a progressively diminished ability to focus on near objects.

Myopia

A common vision condition, also known as nearsightedness, where distant objects appear blurry while close ones can be seen clearly.

Mydriasis

Dilation of the pupils that can be normal or a sign of an underlying condition.

Mongolian Spot

A type of birthmark characterized by bluish-gray discoloration, typically found on the lower back or buttocks of infants, most common in those of Asian or African descent.