DLM (ASCP) EXAM SCRIPT 2025/2026 QUESTIONS WITH
SOLUTION GRADED A+
✔✔Net Revenue - ✔✔gross revenue - deductions and allowances - budgeted direct and
indirect expenses
✔✔Budget Analysis - ✔✔The process of studying financial data to provide information
that helps to make budget decisions; assessment of financial performance.
tools needed - variance analysis, volume and productivity data
✔✔cashflow statement - ✔✔a monthly or yearly document that breaks down cash from
operations, investments and financing.
✔✔balance sheet - ✔✔used at the end of the fiscal year. displays assets and liabilities
✔✔account receivable - ✔✔income that has been earned but for which no cash
payment has been received
✔✔financial accounting - ✔✔bottom line. focusing on cash flow and financial position of
the organization. recorded on balance sheet.
✔✔diagnosis related groups (DRGs) - ✔✔reimbursement for medicaid and medicare
patients by case or illness rather than by fee for service
✔✔cost accounting - ✔✔focuses on the operation of the business
✔✔semi-variable costs - ✔✔based on gradual changes in workload
ex - hiring additional FTEs
✔✔Purchase Order (PO) - ✔✔used to order from outside vendors
✔✔traveling requisition - ✔✔catalog of products held in stock by materials management
✔✔Minimum/Maximum - ✔✔establish a minimum (safety reserve) at which inventory is
to be recorded and reordered to maximum level which is to be maintained.
✔✔Just-in-time - ✔✔commitment by supplier to guarantee delivery of an item at exact
moment of need. helps free up financial resources for other purposes
✔✔cost of ordering - ✔✔expenses of purchasing section/ number of POs issued
✔✔annual holding cost - ✔✔accounts for expenses of maintaining a stock room for
storing material not needed immediately
, ✔✔lead time - ✔✔time interval between ordering and receiving the order. influences
minimum inventory that must be kept in stock and quantity that needs to be requested.
✔✔FIVE phases of six sigma - ✔✔1. define - reach agreement on scope, goals, $$
2. measure -collect data on process speed, quality and costs
3. analyze - pinpoint and verify causes affecting variables tied to project goals.
4. improve - learn from pilots and execute implementation
5. control - complete project work and hand off improved process with procedures for
maintaining the gains
✔✔micro cost analysis - ✔✔performed to assess the cost of doing a specific test
procedure (helps determine if test should be done in-house, added, eliminated, sent
out)
✔✔macro cost analysis - ✔✔evaluated the overall efficiency and productivity of the lab
and/or specific cost centers
1. determine number of patient reportable tests for specific time period.
2 perform cost study --> breaks costs down into fixed and variable
3. total, fixed, and variable costs are divided by patient reportable tests
✔✔operating leverage (OL) - ✔✔Ratio that tells the percent change in total profit that
will result from a given change in revenue
(revenue - variable costs)/ (revenue - variable costs - fixed costs)
greater than 2 represents considerable risk
✔✔OSHA blood-borne pathogens standard - ✔✔Guidelines designed to protect
employees against occupational exposure to blood-borne pathogens
hepatitis b, hepatitis c, and HIV
issues in December 1991
✔✔OSHA Hepatitis B Requirement - ✔✔Hepatitis B Vaccine required to be offered free
of charge if occupation puts you at risk
✔✔engineering controls - ✔✔Devices that isolate or remove a blood borne pathogen
hazard from the workplace.
examples - sharps containers, handwashing facilities, etc.
✔✔Exposure incident - ✔✔specific eye, mouth, other mucous membrane, non-intact
skin, or parenteral contact with blood or other potentially infectious materials that results
from the performance of an employee's duties
✔✔Parenteral exposure - ✔✔Exposure to blood or other infectious materials that results
from piercing or puncturing the skin barrier
examples -needle sticks, cuts, or abrasions
SOLUTION GRADED A+
✔✔Net Revenue - ✔✔gross revenue - deductions and allowances - budgeted direct and
indirect expenses
✔✔Budget Analysis - ✔✔The process of studying financial data to provide information
that helps to make budget decisions; assessment of financial performance.
tools needed - variance analysis, volume and productivity data
✔✔cashflow statement - ✔✔a monthly or yearly document that breaks down cash from
operations, investments and financing.
✔✔balance sheet - ✔✔used at the end of the fiscal year. displays assets and liabilities
✔✔account receivable - ✔✔income that has been earned but for which no cash
payment has been received
✔✔financial accounting - ✔✔bottom line. focusing on cash flow and financial position of
the organization. recorded on balance sheet.
✔✔diagnosis related groups (DRGs) - ✔✔reimbursement for medicaid and medicare
patients by case or illness rather than by fee for service
✔✔cost accounting - ✔✔focuses on the operation of the business
✔✔semi-variable costs - ✔✔based on gradual changes in workload
ex - hiring additional FTEs
✔✔Purchase Order (PO) - ✔✔used to order from outside vendors
✔✔traveling requisition - ✔✔catalog of products held in stock by materials management
✔✔Minimum/Maximum - ✔✔establish a minimum (safety reserve) at which inventory is
to be recorded and reordered to maximum level which is to be maintained.
✔✔Just-in-time - ✔✔commitment by supplier to guarantee delivery of an item at exact
moment of need. helps free up financial resources for other purposes
✔✔cost of ordering - ✔✔expenses of purchasing section/ number of POs issued
✔✔annual holding cost - ✔✔accounts for expenses of maintaining a stock room for
storing material not needed immediately
, ✔✔lead time - ✔✔time interval between ordering and receiving the order. influences
minimum inventory that must be kept in stock and quantity that needs to be requested.
✔✔FIVE phases of six sigma - ✔✔1. define - reach agreement on scope, goals, $$
2. measure -collect data on process speed, quality and costs
3. analyze - pinpoint and verify causes affecting variables tied to project goals.
4. improve - learn from pilots and execute implementation
5. control - complete project work and hand off improved process with procedures for
maintaining the gains
✔✔micro cost analysis - ✔✔performed to assess the cost of doing a specific test
procedure (helps determine if test should be done in-house, added, eliminated, sent
out)
✔✔macro cost analysis - ✔✔evaluated the overall efficiency and productivity of the lab
and/or specific cost centers
1. determine number of patient reportable tests for specific time period.
2 perform cost study --> breaks costs down into fixed and variable
3. total, fixed, and variable costs are divided by patient reportable tests
✔✔operating leverage (OL) - ✔✔Ratio that tells the percent change in total profit that
will result from a given change in revenue
(revenue - variable costs)/ (revenue - variable costs - fixed costs)
greater than 2 represents considerable risk
✔✔OSHA blood-borne pathogens standard - ✔✔Guidelines designed to protect
employees against occupational exposure to blood-borne pathogens
hepatitis b, hepatitis c, and HIV
issues in December 1991
✔✔OSHA Hepatitis B Requirement - ✔✔Hepatitis B Vaccine required to be offered free
of charge if occupation puts you at risk
✔✔engineering controls - ✔✔Devices that isolate or remove a blood borne pathogen
hazard from the workplace.
examples - sharps containers, handwashing facilities, etc.
✔✔Exposure incident - ✔✔specific eye, mouth, other mucous membrane, non-intact
skin, or parenteral contact with blood or other potentially infectious materials that results
from the performance of an employee's duties
✔✔Parenteral exposure - ✔✔Exposure to blood or other infectious materials that results
from piercing or puncturing the skin barrier
examples -needle sticks, cuts, or abrasions
