Author Question: Many industries have reaped the benefits of their Information Technology (IT) investments. The ... (Read 109 times)

burchfield96 · **on:** Jul 7, 2018

Many industries have reaped the benefits of their Information Technology (IT) investments. The adoption and diffusion of information systems in the health care arena has been growing:

a. more slowly. c. twice as fast.
b. more quickly. d. about the same.

Question 2

The __________ budget includes the normal operating expenses expected in the daily functioning of the organization and has fairly detailed categories.

a. operating
b. capital
c. program
d. asset

eliasc0401 · **Reply #1 on:** Jul 7, 2018

Answer to Question 1

A
According to Menachemi, Randeree, Burke, and Ford (2008), the adoption and diffusion of
information systems in the health care arena has been growing more slowly than in other sectors.

Answer to Question 2

a

a. Correct: The operating budget refers to the budget of estimated revenues and expenses for the daily operation of an organization over a period of time, normally a one-year period. It includes the normal operating expenses expected in the daily functioning of the organization and has fairly detailed categories.
b. Incorrect: The capital budget refers to budgets developed for purchase of items that endure (e.g., equipment that lasts a number of years).
c. Incorrect: The program budget is a financial plan for a specific area of activity, a planned new activity or service, or a special project.
d. Incorrect: This is not one of the three budgets commonly referred to in discussions of organizational budgets in health care.