HFMA CHFP
Q: 1
when providers try to get one payor to pay for costs that have not been covered by another payor,
this refers to:
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Q: 2
Operating income divided by total operating revenues measures:
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Q: 3
What refers to relatively expensive items that will be used over a long period?
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Q: 4
____________ is a measure of how much a tangible asset (such as plant or equipment) has been
used up or consumed.
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Q: 5
A fixed cost that will remain even if a particular service is discontinued is known as:
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Q: 6
A method that depreciates an asset an equal amount each year until it reaches its salvage value at
the end of its useful life is called:
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Q: 7
A lease that lasts for an extended period, up to the life of the leased asset and cannot be cancelled
without penalty refers to:
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Q: 8
Organizations that do not provide health care-related services but are responsible for their profit are
called:
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Q: 9
A measure of how quickly an asset can be converted into cash is called:
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Q: 10
If the contribution margin per unit is positive and no other additional costs will be incurred, then it is
in the best financial interest of the organization to continue to provide additional units of that service
, even the organization is not fully covering all its other costs otherwise not, this is called:
Options
Question 1 of 10