CNML EXAM REVIEW SOLVED QUESTIONS COMPLETE ANSWERS GRADED A PLUS.pdf

CNML EXAM REVIEW SOLVED QUESTIONS COMPLETE ANSWERS GRADED A PLUS
CNML Practice EXAM 2026/2027 Questions and
Answers Verified Solutions Latest Update

Question:
Revenue.

Answer:
operating revenue generated from primary business activities



Question:
gross operating revenue.

Answer:
total revenue earned with no expenses removed



Question:
net revenue.

Answer:
gross revenue minus all expenses



Question:
operating expenses.

Answer:
salaries, benefits, non-productive time, overtime, agency costs, overhead orientation and recruitment
costs, minor equipment, supplies, linen, food, and other contract services



Question:
budget variance.

, Answer:
difference between expected budget targets versus actual budget results



Question:
gross changes.

Answer:
amount an organization bills if they are paid in full



Question:
breakeven.

Answer:
revenue equals expenses



Question:
non-operating revenue.

Answer:
revenue from services outside the core services (example - investment income, durable medical
equiptment, retail services, joint ventures).



Question:
variable costs.

Answer:
costs that fluctuate with volume



Question:
fixed costs.

Answer: