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NBCOT Therapy Ed > Management > Flashcards

Flashcards in Management Deck (8)
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1
Q

Permanent or long term purchases such as an ADL kitchen or a wing for a work hardening program?

A

Capital Expenses

2
Q

Daily financial activity of a program or a service?

A

Operating Expenses

3
Q

Costs relates to OT service provisions such as salaries, benefits, office supplies, and treatment equipment?

A

Direct Expenses

4
Q

Costs related to costs shared by the setting as a whole such as utilities, housekeeping, and marketing

A

Indirect Expenses

5
Q

Costs that remain at the same level even when there are changes int he amount of services provided?

A

Fixed Expenses

6
Q

Costs that change in direct proportion to the amount of services provided such as splinting material?

A

Variable eXpenses

7
Q

A process that identifies, evlauaes, and takes corrective actions against risk and plans, organizes, and controls the activites and resources?

A

Risk Management

8
Q

An approach that views the limitations and problems proactively as an opportunity to improve quality; prevention is emphasized

A

Quality Improvement