Certified Radiology Administrator - Fiscal
Management. Exam Questions And Answers
|Latest 2025 | Guaranteed Pass
Which of the following is NOT one of the three basic financial statements?
A. Balance sheet
B. Statement of operations
C. Strategic plan
D. Statement of cash flows - Answer✔C. Strategic plan
What is a snapshot of an organizations financial position?
A. Balance Sheet
B. Statement of operations
C. Statement of cash flows
D. Ratio analysis - Answer✔A. Balance sheet
What financial statement presents how an organization acquired and used its cash resources?
A. Balance sheet
B. Statement of operations
C. Statement of cash flows
D. Strategic plan - Answer✔C. Statement of cash flows
1|P a g e
, ©BRIGHTSTARS 2025 ALL RIGHTS RESERVED 1:26 PM A+
On a balance sheet for a not-for-profit facility, the liabilities must be ______________ to the
assets.
A. Greater than
B. Equal to
C. Less than
D. None of the above - Answer✔B. Equal to
__________________ is the ability to meet long-term debt.
A. Liquidity
B. Profitability
C. Activity
D. Solvency - Answer✔D. Solvency
Companies with an acid test ratio of ________________ or less cannot pay their current
liabilities.
A. 0.5
B. 1
C. 5
D. 10 - Answer✔A. 0.5
In a _______________ budget, it does not matter what was budgeted last fiscal year or what
was spent.
A. Fixed
B. Flexed
C. Zero-based
D. Annualized - Answer✔C. Zero-based
2|P a g e