2
CSBI Sample Questions – HFMA exam with accurate detailed
|| || || || || || || || ||
answers
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 || || ||
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
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.
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.
|| || || || || || || || ||
,2
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.
|| || || || || || || || || || || || ||
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 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 ||
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.
|| || || || || || || || ||
D. This 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.
|| || || ||
, 2
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 || ||
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.
|| || || || || || || || || || || || ||
A. Preparation
||
B. Immersion
||
C. Balance
||
D. Incubation
||
B. Balance
||
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.
The fundamental goal of business intelligence analytics is to:
|| || || || || || || ||
A.Obtain all pertinent data || || ||
B.Check the veracity of the data selected
|| || || || || ||
C.Derive the one truth within the information that addresses the question
|| || || || || || || || || ||
D.Make the most appropriate decision
|| || || ||
C. Derive the one truth within the information that addresses the question
|| || || || || || || || || || ||
CSBI Sample Questions – HFMA exam with accurate detailed
|| || || || || || || || ||
answers
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 || || ||
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
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.
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.
|| || || || || || || || ||
,2
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.
|| || || || || || || || || || || || ||
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 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 ||
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.
|| || || || || || || || ||
D. This 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.
|| || || ||
, 2
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 || ||
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.
|| || || || || || || || || || || || ||
A. Preparation
||
B. Immersion
||
C. Balance
||
D. Incubation
||
B. Balance
||
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.
The fundamental goal of business intelligence analytics is to:
|| || || || || || || ||
A.Obtain all pertinent data || || ||
B.Check the veracity of the data selected
|| || || || || ||
C.Derive the one truth within the information that addresses the question
|| || || || || || || || || ||
D.Make the most appropriate decision
|| || || ||
C. Derive the one truth within the information that addresses the question
|| || || || || || || || || || ||
