RHIA Domain 5 Exam Questions And
Answers 2025 Update.
Strategic Thinking - Answer✔A way of introducing innovation into decision making and
engaging others in the process of change. The skills include: Ability to plan and strategize,
flexibility & creativity, comfort with uncertainty and risks
Balanced scorecard methodology - Answer✔a technique for measuring organization
performance across the four perspectives of customer, financial, internal processes, and
learning and growth
Strategy map - Answer✔a tool that provides a visual representation of an organization's critical
strategies and the relationships among them that drive organizational performance toward it's
vision.
Income statement - Answer✔summarizes the organization's revenue and exposure transactions
during the fiscal year. Can be prepared at any point in time and reflects results up to that point
Retained earnings - Answer✔expresses the change in retained earnings from the beginning of
the balance sheet period to the end
Balance Sheet - Answer✔A snapshot of the accounting equation at a point in time
Statement of cash flow - Answer✔details reasons that cash changed from one balance sheet
period to another
Statement of stockholders equity - Answer✔also called statement of net assets
details the reasons for changes in each of the stockholder's equity accounts- including retained
earnings
Reengineering - Answer✔the entire manner and purpose of a work process is questioned
Goal= to achieve the desired process outcome in the most effective and efficient manner
possible
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