CHFP Exam Questions & Answers

Exam Code: CHFP

Exam Name: Certified Healthcare Financial Professional

Updated: Mar 20, 2024

Q&As: 315

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Practice These Free Questions and Answers to Pass the Certified Healthcare Financial Professional Exam

Questions 1

are variable in short-term and fixed in long-term under normal conditions for working capital.

A. Interest rates

B. Volatility risks

C. Profits

D. Interest costs

Show Answer
Questions 2

An amount paid above and beyond the book value of an asset when it is sold, representing the value of intangible factors refers to:

A. Salvage value

B. Pro forma statement

C. Goodwill

D. Annuity

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Questions 3

_______________are adjusted by multiplying hospital total discharges by a factor defined as gross patient revenue divided by gross inpatient revenue.

A. Operating margin

B. Profitability ratios

C. Discharges

D. Revenue adjustments

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Questions 4

Total contribution margin is:

A. Total revenues * actual variable costs / total variable costs

B. Actual revenues ?Actual variable costs

C. Total expenses + total variable costs

D. Total revenues ?total variable costs

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Questions 5

An amount paid above and beyond the book value of an asset when it is sold, representing the value of intangible factors refers to:

A. Goodwill

B. Pro forma statement

C. Salvage value

D. Annuity

Show Answer

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