CSBI HFMA EXAM | COMPLETE QUESTIONS WITH EXPERT SOLUTION | 2026
LATEST UPDATED GET A+
1. 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.
2. 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.
3. 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.: 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.
4. 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.
,5. 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.
6. 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.
7. 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.
8. 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
LATEST UPDATED GET A+
1. 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.
2. 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.
3. 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.: 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.
4. 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.
,5. 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.
6. 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.
7. 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.
8. 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