Common Sources of Operational Data in Hospitals Include

question 4

Multiple Choice

Common sources of operational data in hospitals include:

• A) Income statements
• B) Internal statistical reports
• C) Payroll journals
• D) All of the above are sources of operational data

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Definitions:

Horizontal Analysis

A financial analysis technique that evaluates the changes in the amounts of financial statement items over a period.

Sales

The total amount of goods or services sold by a company during a specific period of time, indicating the company's primary revenue generation activity.

Horizontal Analysis

A financial tool used for comparing financial statements over two or more periods, focusing on the growth, decline, or consistency across those periods.

Income Statement

A financial statement that shows the revenues, expenses, and profits or losses of a company over a specific period of time.