Free CHFP Exam Dumps Preview

A percentage of the unused portion of a credit line that is charged to the potential borrower is called:

Which of the following is NOT the strength of the IRR analysis?

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The degree of dispersion of responsibility within a heal care organization is known as _________.

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The quick ratio is equal to addition of cash, marketable securities and net accounts receivables divided by current liabilities, in this which entity is relatively liquid one?

Case rate is:

A health care organization that utilizes an aggressive asset mix strategy seeks to minimize its returns by investing in non-liquid assets but faces the risk of lower liquidity.

What is called common-size analysis because it converts every line item to a percentage, thus allowing comparisons of the makeup of the financial statements of different-sized organizations?

The key factors that have contributed to the higher cost of health care include:

A technique to analyze the relationship among revenues, costs and volume is called:

Which funds typically equivalent to one year of principal and interest payments, are set aside with the trustee to act as a safeguard against default during the life of the loan period?

Converting future cash flows into their present value taking into account the time value of money is called:

Total salary and benefit expenses / total operating expense measures:

What an amount invested today will be worth at a given time in the future using the compound interest method, which accounts for the time value of money, this refers to:

Organizational units responsible for earning a profit by providing health care services and their revenues are earned either on a free-for-service or a flat fee basis refers to:

Covenants protect the claim of bond-holders on the facility's assets in case of default.

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:

The current ratio, quick ratio and acid test ratio all measures the relationship of:

A dollar will purchase less in the future than it will today, thus value of dollar in the future is worth less than it is today, this refers to:

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:

What an equal series of payments will be worth at some future date using compound interest is known as:

An investment for a for-profit entity that reduces the amount of income tax to be paid, often because interest and depreciation expenses are tax deducible is called:

Stockholders equity for investors-owned organizations represents:

What change the basis of payment for hospital outpatient services from a flat fee for individual services to fixed reimbursement for bundled services?

What guides the organization into the future by identifying the unique attributes of the organization, why it exists and what it hopes to achieve?

A lease that lasts shorter than the useful life of the leased asset, typically one year or less and can be canceled any time without penalty refers to:

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The amount of working capital an organization keeps on hand relative to its potential working capital obligations is called______________ .

What is relatively costly item that allow the organization to deliver service over time?

To indicate the desired level of performance an organization wishes to compare itself with, the organizations normally uses a process called:

Which of the following is NOT the step involved in the bond issuance process?

A fund into which monies are set aside each year to ensure that a bond can be liquidated at maturity refers to:

Gatekeepers requiring a patient to obtain a referral from his or her primary care physician, the gatekeeper, before assign a specialist.

Required Cash Balance is:

Electronic billing provides an editing function called_that reduces the number of processing errors and
subsequent audits, ultimately decreasing turnaround time.

Which are the obligations to pay suppliers who have sold the health care organization goods or services on credit?

When gross proceeds less the underwriter's and others' issuance fees, this refers to:

A factor that when multiplied by a stream of equal payments equals the future value of that stream, this refers to:

Whenever a series of payments is to be invested or received at the end of the year, an ordinary annuity table can be used to determine future value, rather than computing the future value of each year's cash flow.

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______is an agreement established by a bank and a borrower that establishes the maximum amount of funds that could be borrowed and the bank may loan the funds at its own discretion.

The extent to which there are consequences attached to carrying out responsibilities is known as:

Short-term debts that results from supplies purchased on credit for a given length of time are called:

A method in which interest is calculated only on the original principal, which is the amount invested, is called:

Actuarial-based formula developed to adjust rates allowing for differences in population demographics is referred to as:

Future value table is the table of factors that shows the future value of multiple investments at a given interest rate.

Which of the following in NOT the body of the income statement for investors-owned health care organizations?

What represents the costs that are incurred in the day to day operation of the business?

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____________ is the tendency health care practitioners to do more testing and to provide more care for patients than might otherwise be necessary to protect themselves against potential litigation.

The general decision rule regarding NPV is:
If NPV > 0, accept or reject the project
If NPV < 0, reject the project
If NPV = 0, accept the project

The formula to calculate perpetuity is: