HFMA's CSAF 2025 COMPLETE EXAM QUESTIONS AND
VERIFIED ANSWERS |RECENTLY TESTING REAL EXAM
QUESTIONS| 100% SOLVED!!
Contribution Margin - answer☑️✔️.Difference between marginal revenue and marginal cost.
Break-even point - answer☑️✔️.Level of sales volume of a product producing the exact
amount of contribution margin needed to cover fixed costs.
Overhead - answer☑️✔️.Indirect Costs
Activity-based costing (ABC) - answer☑️✔️.Method of determining product costs using cost
drivers or activity measures, which cause indirect costs to be incurred.
Three main types of Cost standards. - answer☑️✔️.Predetermined (Synthetic), Negotiated
(Historical), and Customized (Engineered)
Four Types of Individual Cost behaviors - answer☑️✔️.Variable, Fixed Cost Pattern, Semi-
Variable Cost Pattern, Semi-Fixed or Stepped Variable
Three Principal Types of expense variances - answer☑️✔️.Price, Volume, and Efficiency
The 4 Primary payment methods used in managed care - answer☑️✔️.Fee-for-Service, Per
Diem Rate, Case Rate, Capitation
Healthcare providers should develop different modeling tools depending on - answer☑️✔️.the
reimbursement method proposed in the contract
, The general categories of provider excess loss insurance are - answer☑️✔️.per-person,
aggregate, and carve-out.
A Strategic Plan allows organizations to - answer☑️✔️.have a clear plan as to why they are in
business and how they can stay in business in the future.
The main types of control budgets include - answer☑️✔️.operating, capital, and cash.
A budgeting process develops assumptions for the following: - answer☑️✔️.Admissions, ALOS,
Expense per visit, Inflation on expense, FTE per visit, Productivity on FTE per visit, Labor cost per
FTE, Net Rev per visit
Operating budget's statistical factors include - answer☑️✔️.Historical statistics, Historical
relationship of department volume, anticipated effects of new programs, clinical practice
patters, covered lives in global payment risk programs, changes in regulatory environment,
technical developments, process improvements, marketing efforts, demographic trends
The primary purpose of measuring productivity is - answer☑️✔️.for management to
determine if resources are being used efficiently
Budget types include - answer☑️✔️.fixed and flexible
The four budget variances used to explain by cause are - answer☑️✔️.Volume, rate (charged),
price (of a supply), and efficiency (cost per procedure).
Three common Capital Evaluation techniques - answer☑️✔️.Payback, Net Present Value
Method, Return on Investment
VERIFIED ANSWERS |RECENTLY TESTING REAL EXAM
QUESTIONS| 100% SOLVED!!
Contribution Margin - answer☑️✔️.Difference between marginal revenue and marginal cost.
Break-even point - answer☑️✔️.Level of sales volume of a product producing the exact
amount of contribution margin needed to cover fixed costs.
Overhead - answer☑️✔️.Indirect Costs
Activity-based costing (ABC) - answer☑️✔️.Method of determining product costs using cost
drivers or activity measures, which cause indirect costs to be incurred.
Three main types of Cost standards. - answer☑️✔️.Predetermined (Synthetic), Negotiated
(Historical), and Customized (Engineered)
Four Types of Individual Cost behaviors - answer☑️✔️.Variable, Fixed Cost Pattern, Semi-
Variable Cost Pattern, Semi-Fixed or Stepped Variable
Three Principal Types of expense variances - answer☑️✔️.Price, Volume, and Efficiency
The 4 Primary payment methods used in managed care - answer☑️✔️.Fee-for-Service, Per
Diem Rate, Case Rate, Capitation
Healthcare providers should develop different modeling tools depending on - answer☑️✔️.the
reimbursement method proposed in the contract
, The general categories of provider excess loss insurance are - answer☑️✔️.per-person,
aggregate, and carve-out.
A Strategic Plan allows organizations to - answer☑️✔️.have a clear plan as to why they are in
business and how they can stay in business in the future.
The main types of control budgets include - answer☑️✔️.operating, capital, and cash.
A budgeting process develops assumptions for the following: - answer☑️✔️.Admissions, ALOS,
Expense per visit, Inflation on expense, FTE per visit, Productivity on FTE per visit, Labor cost per
FTE, Net Rev per visit
Operating budget's statistical factors include - answer☑️✔️.Historical statistics, Historical
relationship of department volume, anticipated effects of new programs, clinical practice
patters, covered lives in global payment risk programs, changes in regulatory environment,
technical developments, process improvements, marketing efforts, demographic trends
The primary purpose of measuring productivity is - answer☑️✔️.for management to
determine if resources are being used efficiently
Budget types include - answer☑️✔️.fixed and flexible
The four budget variances used to explain by cause are - answer☑️✔️.Volume, rate (charged),
price (of a supply), and efficiency (cost per procedure).
Three common Capital Evaluation techniques - answer☑️✔️.Payback, Net Present Value
Method, Return on Investment
