Which of the Following Best Represents the Types of Hospital

question 1

Multiple Choice

Which of the following best represents the types of hospital run by the private sector?

• A)Acute hospitals,psychiatric hospitals and freestanding day hospital facilities
• B)Freestanding day hospital facilities and radiology and pathology services
• C)Acute hospitals and aged-care facilities
• D)Day surgery facilities and psychiatric hospitals

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Definitions:

Investment Center

A business unit or department that is responsible for its own revenues, expenses, and investment in assets, with its performance measured by its return on investment.

Controllable Margin

The portion of profit or income directly influenced by the management decisions, typically excluding fixed costs.

Required Return

The minimum expected return by investors for providing capital, based on the risk of the investment.

Operating Assets

Assets used in the daily operations of a business to generate revenue, such as machinery, building, and equipment.