CSBI – HFMA EXAM QUESTIONS WITH VERIFIED ANSWERS LATEST 2024

ABC method - ANS-Activity Based Costing Analysis - ANS-separation of a whole or complex idea or topic into its component parts to gain greater understanding. Applied in the study of mathematics and logic. Analytics - ANS-Process for separation and manipulation of data to develop greater understanding. Application situations for BI - ANS-1- monitoring/planning 2- operational transaction focused/ real-time decision making Areas of Significant for Analytic Application (ASAA) - ANS-1-Asset intensive 2-Labor intensive 3-Depend on speed and timing 4-Reliant of consistency and control 5-Distributed decision making 5-Cross functional/cross business Assisted Prediction - ANS-this level is complex, revealing unpredictable or unprecedented variables. participation of a variety of