Dividing Work by Occupation Leads to a Functional Organization Where

question 17

Multiple Choice

Dividing work by occupation leads to a functional organization where services are arranged by the type of work performed. What are some benefits of the functional form within the health care organization? (Select all that apply.)

• A) Professional silo
• B) Fragmented care delivery
• C) Cost reduction
• D) Enhanced performance and quality
• E) Promotion of professional development

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Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the appropriate period for a correct financial picture.

Prepaid Insurance

Payments made in advance for insurance coverage, which are recorded as an asset and expensed over the period of coverage.

Adjusting Entry

An accounting record made to update the balances of accounts to reflect the true financial position before preparing financial statements.

Unexpired Insurance

The portion of the insurance premium that has not yet expired or been used up, considered a prepaid expense.