CSBI Sample Questions – HFMA Exam
Questions and Answers (Latest 2026)
Productivity is generally assessed by
A.Benchmarking how many inputs are required
B.Looking at the raw number of increased products and
services offered
C.Looking at the ratio of outputs to inputs
D.Looking at market share - Correct Answers ✅C. Looking
at the ratio of outputs to inputs
Explanation: Productivity is a focus on how much input is
required for desired quality output.
Which of the following is part of the iterative process of
creative analytic thinking.
A.Ideation
B.Insight
C.Distribution
D.Incapacitation - Correct Answers ✅B. Insight
Explanation: BI/Analytics consultants will be asked to address
situations like that in the following example. Although it is a
simplified slice of the real thing, the example illustrates
processes and areas needing attention to avoid turns in the
wrong direction, or bad and possibly misleading results. It is
an iterative process of creative analytic thinking/preparation/
immersion/incubation/insight that the BI/ Analytics consultant
must engage.
,CSBI Sample Questions – HFMA Exam
Questions and Answers (Latest 2026)
Following the foundational work of understanding the type of
work done in different functional areas, learning who the
stakeholders are and what their concerns and issues are, and
developing a plan to address stakeholder concerns, the next
step in business analytics is to:
A.Examine the market environment.
B.Begin identifying the type(s) of data required to conduct
analysis.
C.Conduct research of similar past concerns to identify
potential starting points.
D.Develop an understanding of the processes and data that
will be involved in analysis. - Correct Answers ✅D. Develop
an understanding of the processes and data that will be
involved in analysis.
Explanation: One must develop an understanding of the
processes that produce or use data and information, along
with an understanding of the actual data, as it is both process
activity and data produced by process activities that are the
subject of analytics activity.
Continuous, iterative exploration on individual aggregate
situations (e.g., patient lengths of stay, resource
management, revenue cycle acceleration, supply chain
management) throughout a course of care over time that
,CSBI Sample Questions – HFMA Exam
Questions and Answers (Latest 2026)
answers certain questions, what actions are needed, and
what is the best that can happen, is known as:
A.Descriptive analytics
B.Predictive analytics
C.Prescriptive analytics
D.Iterative extrapolation - Correct Answers ✅C.
Prescriptive analytics
Explanation: Prescriptive analytics uses the meaningful
information derived from ongoing exploration and the
probabilities identified to establish a course of reasonable
action.
Any business organization, including a healthcare provider
organization, is structured as three main functional areas:
operations, marketing, and finance. Why is it important to
understand this basic structure for business
intelligence/analytics?
A.This structure provides a handy means of comparing
organizations.
B.This structure properly focuses business intelligence into
operations and provides the boundaries of business
intelligence activity.
C.This structure provides direction for simplifying business
analytics.
D.This structure encourages a holistic, systemic framework
for business analytics. - Correct Answers ✅D. This
, CSBI Sample Questions – HFMA Exam
Questions and Answers (Latest 2026)
structure encourages a holistic, systemic framework for
business analytics.
Explanation: Analytics addresses the dynamics and realities
of interacting domains and requires a systemic view for
context and accuracy of findings. The key idea is focus --
recognition that organizational attention must be paid to all
three functional areas creates focus needed for sustainable
success.
Which option is NOT a goal that should be kept in mind when
displaying information in meaningful and usable ways to
guide decision-making?
A.Highlight the importance and meaning
B.Use pictures
C.More words, less graphics
D.Less is more - Correct Answers ✅C. More words, less
graphics
Explanation: Edward Tufte, the globally renowned leader in
the visual display of information, outlines nine simple key
points which include: showing the data, avoid distorting what
the data has to say and encouraging the eye to compare
different pieces of data.
Select which option is NOT part of the iterative process of
creative analytic thinking.
Questions and Answers (Latest 2026)
Productivity is generally assessed by
A.Benchmarking how many inputs are required
B.Looking at the raw number of increased products and
services offered
C.Looking at the ratio of outputs to inputs
D.Looking at market share - Correct Answers ✅C. Looking
at the ratio of outputs to inputs
Explanation: Productivity is a focus on how much input is
required for desired quality output.
Which of the following is part of the iterative process of
creative analytic thinking.
A.Ideation
B.Insight
C.Distribution
D.Incapacitation - Correct Answers ✅B. Insight
Explanation: BI/Analytics consultants will be asked to address
situations like that in the following example. Although it is a
simplified slice of the real thing, the example illustrates
processes and areas needing attention to avoid turns in the
wrong direction, or bad and possibly misleading results. It is
an iterative process of creative analytic thinking/preparation/
immersion/incubation/insight that the BI/ Analytics consultant
must engage.
,CSBI Sample Questions – HFMA Exam
Questions and Answers (Latest 2026)
Following the foundational work of understanding the type of
work done in different functional areas, learning who the
stakeholders are and what their concerns and issues are, and
developing a plan to address stakeholder concerns, the next
step in business analytics is to:
A.Examine the market environment.
B.Begin identifying the type(s) of data required to conduct
analysis.
C.Conduct research of similar past concerns to identify
potential starting points.
D.Develop an understanding of the processes and data that
will be involved in analysis. - Correct Answers ✅D. Develop
an understanding of the processes and data that will be
involved in analysis.
Explanation: One must develop an understanding of the
processes that produce or use data and information, along
with an understanding of the actual data, as it is both process
activity and data produced by process activities that are the
subject of analytics activity.
Continuous, iterative exploration on individual aggregate
situations (e.g., patient lengths of stay, resource
management, revenue cycle acceleration, supply chain
management) throughout a course of care over time that
,CSBI Sample Questions – HFMA Exam
Questions and Answers (Latest 2026)
answers certain questions, what actions are needed, and
what is the best that can happen, is known as:
A.Descriptive analytics
B.Predictive analytics
C.Prescriptive analytics
D.Iterative extrapolation - Correct Answers ✅C.
Prescriptive analytics
Explanation: Prescriptive analytics uses the meaningful
information derived from ongoing exploration and the
probabilities identified to establish a course of reasonable
action.
Any business organization, including a healthcare provider
organization, is structured as three main functional areas:
operations, marketing, and finance. Why is it important to
understand this basic structure for business
intelligence/analytics?
A.This structure provides a handy means of comparing
organizations.
B.This structure properly focuses business intelligence into
operations and provides the boundaries of business
intelligence activity.
C.This structure provides direction for simplifying business
analytics.
D.This structure encourages a holistic, systemic framework
for business analytics. - Correct Answers ✅D. This
, CSBI Sample Questions – HFMA Exam
Questions and Answers (Latest 2026)
structure encourages a holistic, systemic framework for
business analytics.
Explanation: Analytics addresses the dynamics and realities
of interacting domains and requires a systemic view for
context and accuracy of findings. The key idea is focus --
recognition that organizational attention must be paid to all
three functional areas creates focus needed for sustainable
success.
Which option is NOT a goal that should be kept in mind when
displaying information in meaningful and usable ways to
guide decision-making?
A.Highlight the importance and meaning
B.Use pictures
C.More words, less graphics
D.Less is more - Correct Answers ✅C. More words, less
graphics
Explanation: Edward Tufte, the globally renowned leader in
the visual display of information, outlines nine simple key
points which include: showing the data, avoid distorting what
the data has to say and encouraging the eye to compare
different pieces of data.
Select which option is NOT part of the iterative process of
creative analytic thinking.
