# Assignment: Managerial Finance Quiz Multiple Choice Questions

Assignment: Managerial Finance Quiz Multiple Choice Questions ORDER NOW FOR CUSTOMIZED AND ORIGINAL ESSAY PAPERS ON Assignment: Managerial Finance Quiz Multiple Choice Questions You will be the new nurse leader of a 20 bed medical unit. The anticipated ADC is 16.9 hours (80 RNs and 16 CNAs). You are required to staff the unit 24 hours per day. The staffing will include the nurse manager, 0.5 clinical nurse specialist and 2.4 clerical associates. In determining the staffing needs for the unit, what should you consider: Assignment: Managerial Finance Quiz Multiple Choice Questions quiz_1.docx Quiz Previous PageNext Page Page 1 of 5 Question 1 (2 points) Calculate the number of FTEs used during 640 hours in week. Question 1 options: 16 26.5 31.4 19.2 Question 2 (2 points) Calculate the number of FTEs used during 4240 hours in a 4 week month. Question 2 options: 16 26.5 31.4 19.2 Question 3 (2 points) Calculate the number of FTEs used during 5160 hours in a 5 week month. Question 3 options: 16 26.5 31.4 25.8 Question 4 (2 points) Calculate the number of FTEs used during 16,328 hours in a quarter. Question 4 options: 16 26.5 31.4 25.8 Question 5 (2 points) Calculate the number of FTEs used during 39,936 hours in a year. Question 5 options: 16 19.2 31.4 25.8 Previous PageNext Page Page 1 of 5 Submit Quiz1 of 25 questions saved Page 2 of 5 Question 6 (2 points) Your staff was paid 2, 560 hours during the past month (4 weeks) as follows: 2148 Regular hours 48 Overtime hours 56 Holiday Premium (worked holiday) 84 Holiday (off holiday) 176 vacation 48 sick. Calculate the number of FTEs. Question 6 options: 18 17 16 20 Question 7 (2 points) Your staff was paid 2, 560 hours during the past month (4 weeks) as follows: 2148 Regular hours 48 Overtime hours 56 Holiday Premium (worked holiday) 84 Holiday (off holiday) 176 vacation 48 sick. Calculate the % of productive time. Question 7 options: 88% 91% 90% 89% Question 8 (2 points) Calculate the Average Daily Census and Occupancy rate for Nursing Unit A. This unit has 35 available beds. Over a 30 day period the unit had 941 total patient days. What is the ADC and Occupancy rate for Unit A? Question 8 options: 31.4 ADC and 90% Occupancy Rate 28.0 ADC and 95% Occupancy Rate 30.0 ADC and 88% Occupancy Rate 29.8 ADC and 92% Occupancy Rate Question 9 (2 points) Calculate the Average Daily Census and Occupancy rate for Nursing Unit B. This unit has 16 available beds. Over a 30 day period the unit had 424 total patient days. What is the ADC and Occupancy rate for Unit B? Question 9 options: 15.0 ADC and 87% Occupancy 16.2 ADC and 90% Occupancy Rate 14.1 ADC and 88% Occupancy Rate 15.8 ADC and 91% Occupancy Rate Question 10 (2 points) Calculate the Average Daily Census and Occupancy rate for Nursing Unit C. This unit has 13 available beds. Over a 30 day period the unit had 372 total patient days. What is the ADC and Occupancy rate for Unit C? Question 10 options: 14.4 ADC and 92% Occupancy Rate 13.4 ADC and 90% Occupancy Rate 12.4 ADC and 95% Occupancy Rate 14.0 ADC and 93% Occupancy Rate Previous PageNext Page Page 2 of 5 Submit Quiz1 of 25 questions saved Question 11 (2 points) Calculate the Average Daily Census and Occupancy rate for Nursing Unit D. This unit has 32 available beds. Over a 30 day period the unit had 841 total patient days. What is the ADC and Occupancy rate for Unit D? Question 11 options: 28.0 ADC and 88% Occupancy Rate 29.4 ADC and 90% Occupancy Rate 30.0 ADC and 91% Occupancy Rate 29.6 ADC and 89% Occupancy Rate Question 12 (2 points) Calculate the Average Daily Census and Occupancy rate for Nursing Unit E. This unit has 6 available beds. Over a 30 day period the unit had 97 total patient days. What is the ADC and Occupancy rate for Unit E? Question 12 options: 3.8 ADC and 59% Occupancy Rate 4.0 ADC and 55% Occupancy Rate 3.2 ADC and 53% Occupancy Rate 4.2 ADC and 58% Occupancy Rate Question 13 (2 points) Determine the Average Length of Stay based on the following data: 25 bed Unit with 662 patient days and 92 discharges in a month. Question 13 options: 8.0 ALOS 7.8 ALOS 7.2 ALOS 6.6 ALOS Question 14 (2 points) . Assignment: Managerial Finance Quiz Multiple Choice Questions Determine the Average Length of Stay based on the following data: 18 bed Unit with 1285 patient days and 102 discharges in a quarter. Question 14 options: 12.6 ALOS 13.6 ALOS 13.2 ALOS 13.0 ALOS Question 15 (2 points) Determine the Average Length of Stay based on the following data: 21 bed Unit with 6900 patient days and 1408 discharges in a quarter. Question 15 options: 4.5 ALOS 4.4 ALOS 5.2 ALOS 4.9 ALOS Previous PageNext Page Page 3 of 5 Submit Quiz1 of 25 questions saved Question 16 (2 points) Determine the productive hours of care based on the following data: 3,630 hours were worked in a 4 week time period and the ADC was 16.2. Question 16 options: 8.0 Hours of Productive Care 9.0 Hours of Productive Care 8.8 Hours of Productive Care 9.2 Hours of Productive Care Question 17 (2 points) In FY 18 your units actual census was 6,937 compared to the budgeted census of 6,798. You were budgeted for $100,025 personnel dollars. If you unit was determined to have 20% variable costs, determine the volume adjusted personnel dollars. Question 17 options: $100,560 volume adjusted personnel dollars $101,240 volume adjusted personnel dollars $100,984 volume adjusted personnel dollars $100,434 volume adjusted personnel dollars Question 18 (2 points) In FY 18 your units actual census was 6,937 compared to the budgeted census of 6,798. You were budgeted for $100,025 personnel dollars. If you unit was determined to have 80% variable costs, determine the volume adjusted personnel dollars. Question 18 options: $101,661 Volume Adjusted Personnel Dollars $101,004 Volume Adjusted Personnel Dollars $102,980 Volume Adjusted Personnel Dollars $104,891 Volume Adjusted Personnel Dollars Question 19 (2 points) You are a nurse leader that is staffing a 24 bed surgical unit that as an ADC of 20. The direct hours of RN care are 6.2 and the CNA hours of care are 2.4. Calculate how many daily FTEs would be needed for a RN shift from 7a-3p that has 45% of the workload. Question 19 options: 8.0 FTE for 7a-3p 7.6 FTE for 7a-3p 8.2 FTE for 7a-3p 7.0 FTE for 7a-3p Question 20 (2 points) You are a nurse leader that is staffing a 24 bed surgical unit that as an ADC of 20. The direct hours of RN care are 6.2 and the CNA hours of care are 2.4. Calculate how many daily FTEs would be needed for a RN shift from 3p-11p that has 35% of the workload. Question 20 options: 5.0 FTEs 4.9 FTEs 5.4 FTEs 5.2 FTEs Previous PageNext Page Page 4 of 5 Submit Quiz1 of 25 questions saved Question 21 (2 points) You are a nurse leader that is staffing a 24 bed surgical unit that as an ADC of 20. The direct hours of RN care are 6.2 and the CNA hours of care are 2.4. Calculate how many daily FTEs would be needed for a RN shift from 11p-7a that has 20% of the workload. Question 21 options: 2.9 FTEs 2.8 FTEs 3.6 FTEs 3.1 FTEs Question 22 (2 points). Assignment: Managerial Finance Quiz Multiple Choice Questions You are a nurse leader that is staffing a 24 bed surgical unit that as an ADC of 20. The direct hours of RN care are 6.2 and the CNA hours of care are 2.4. Calculate how many daily FTEs would be needed for a CNA shift from 7a-3p that has 45% of the workload. Question 22 options: 2.7 FTEs 2.9 FTEs 2.5 FTEs 3.0 FTEs Question 23 (2 points) You are a nurse leader that is staffing a 24 bed surgical unit that as an ADC of 20. The direct hours of RN care are 6.2 and the CNA hours of care are 2.4. Calculate how many daily FTEs would be needed for a CNA shift from 3p-11p that has 35% of the workload. Question 23 options: 1.8 2.1 2.6 3.0 Question 24 (2 points) You are a nurse leader that is staffing a 24 bed surgical unit that as an ADC of 20. The direct hours of RN care are 6.2 and the CNA hours of care are 2.4. Calculate how many daily FTEs would be needed for a CNA shift from 11p-7a that has 20% of the workload. Question 24 options: 1.7 FTEs 1.6 FTEs 1.8 FTEs 1.2 FTEs Question 25 (2 points) You will be the new nurse leader of a 20 bed medical unit. The anticipated ADC is 16.9 hours (80 RNs and 16 CNAs). You are required to staff the unit 24 hours per day. The staffing will include the nurse manager, 0.5 clinical nurse specialist and 2.4 clerical associates. In determining the staffing needs for the unit, what should you consider: A. Only the direct productive hours of care for RNs and CNAs? B. Only the non-productive hours of care for the RNs and CNAs? C. Only the fixed costs and staff for the 1.0 nurse manager, 0.5 Clinical Nurse Specialist, and 2.4 clerical Associates? D. Include all data from A, B, and C? Question 25 options: A: Only the direct productive hours of care for RNs and CNAs B: Only the non-productive hours of care for the RNs and CNAs. C: Only the fixed costs and staff for the 1.0 nurse manager, 0.5 clinical nurse specialist, and 2.4 clerical associates. D: Include all data from A, B, and C. Page 5 of 5 Get a 10 % discount on an order above $ 100 Use the following coupon code : NURSING10

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