5/13/26, 8:44 AM DLM (ASCP) Exam Questions & Answers Test QUESTIONS AND VERIFIED SOLUTIONS |2026| ELABORATED &DETAILED ANS…
DLM (ASCP) Exam Questions & Answers Test
QUESTIONS AND VERIFIED SOLUTIONS |2026|
ELABORATED &DETAILED ANSWERS!!
Save Groups
Terms in this set (261)
Project Volumes (forecasting stage) based on expert opinion, stats, historical data,
shifts in patient mix, changes in medical staff
composition, changes in inflation/reimbursement
ratws, expansion/cutbacks, population fluctuations
based on economy
Steps to creating a budget 1. project volumes
2. convert volumes to revenue
3. convert volumes into expense requirements
4. Adjust revenue/ expenses as necessary to meet
budget margin
gross revenue Rates x Production Unit (Billable test volume)
Expenses salaries/wages, reference service, instrument lease,
maintenance contracts, education/travel
Financial Statements convey the financial status of an organization
4 main types - income statement, balance sheet
statement of changes in equity and statement of
cash flows.
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,5/13/26, 8:44 AM DLM (ASCP) Exam Questions & Answers Test QUESTIONS AND VERIFIED SOLUTIONS |2026| ELABORATED &DETAILED ANS…
income statement summarizes the operations of an organization with
a focus on its revenues, expenses, and profitability.
contains operational results over a period of time.
depreciation noncash charge against earnings on income
statement that reflect the "wear and tear" on a
business' fixed assets (property and equipment).
loss of value
salvage value amount received when final disposition occurs at
end of the asset's useful life.
annual depreciation (initial cost - salvage value)/ useful life
Profit net income -expense
cashflow net income + depreciation
Total Profit Margin Net income divided by total revenues. It measures
the amount of total profit per dollar of total
revenues.
fixed costs cost not related to the volume of services
delivered (ex. facilities cost, lab admin, instrument
leases, maintenance contracts)
variable cost directly related to the volume of services delivered
(ex. supplies, labor costs)
Profit Analysis technique use to analyze the effects of volume
changes on profit. can also be used to analyze
effects of volume changes on costs.
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,5/13/26, 8:44 AM DLM (ASCP) Exam Questions & Answers Test QUESTIONS AND VERIFIED SOLUTIONS |2026| ELABORATED &DETAILED ANS…
Total Costs fixed costs + variable costs
Variable costs = variable cost rate x volume
contribution margin difference between per unit revenue and per unit
variable cost. gives the amount left to cover the
fixed costs. after fixed costs are covered what's left
contributes to the profit.
accounting breakeven Volume needed to produce zero profit. Revenues
cover all accounting costs.
Total Revenue (cost x volume) - Total Variable
(variable cost rate x volume) - fixed costs = $0
economic breakeven occurs when all accounting costs plus a profit
target are covered
total revenue - total variable cost- fixed cost =
profit
Surcharge/Cost Plus used for reference/send out testing. Determine
cost of doing a procedure then add markup factor
to get appropriate price.
weight value basis each test performed is assigned a weight based on
cost of performing the test in relation to the
procedure.
patient day factor the number of patients in a hospital on a given day.
(average patient day/ daily census for the year) x
365
tests per patient days test volume/ patient days
revenue per test gross revenue/test volume
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, 5/13/26, 8:44 AM DLM (ASCP) Exam Questions & Answers Test QUESTIONS AND VERIFIED SOLUTIONS |2026| ELABORATED &DETAILED ANS…
direct costs test-specific costs (Variable)
examples - supplies, instrumentation, reagents,
tech time
indirect cost remain constant
examples - lab admin, medical records, house
keeping, utilities, etc. (fixed/semi-variable)
unit costs total direct + indirect expenses
Employment cycle covers all stages in the process of employing staff:
1. recruitment and acquisition costs (pre-
employment screen)
2. training/developmental costs (ongoing)
3. productive/operational periods
4. termination/separation of employee from
institution costs
analyze labor costs institutional labor cost evaluation (employment
cycle)
technical evaluation of labor cost - assign labor
costs to production activities that generate
expenses. helps manager identify where efforts are
being expended and productivity
accounting and budgeting labor analysis - helps
monitor staffing levels, productivity and
management performance against budget
objectives
preanalytical time specimen collection, prep, instrument
analytical time performing/resulting tests
post analytical time reporting and routine maintenance
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DLM (ASCP) Exam Questions & Answers Test
QUESTIONS AND VERIFIED SOLUTIONS |2026|
ELABORATED &DETAILED ANSWERS!!
Save Groups
Terms in this set (261)
Project Volumes (forecasting stage) based on expert opinion, stats, historical data,
shifts in patient mix, changes in medical staff
composition, changes in inflation/reimbursement
ratws, expansion/cutbacks, population fluctuations
based on economy
Steps to creating a budget 1. project volumes
2. convert volumes to revenue
3. convert volumes into expense requirements
4. Adjust revenue/ expenses as necessary to meet
budget margin
gross revenue Rates x Production Unit (Billable test volume)
Expenses salaries/wages, reference service, instrument lease,
maintenance contracts, education/travel
Financial Statements convey the financial status of an organization
4 main types - income statement, balance sheet
statement of changes in equity and statement of
cash flows.
https://quizlet.com/1179875253/dlm-ascp-exam-questions-answers-test-questions-and-verified-solutions-2026-elaborated-detailed-answers-flash-car… 1/36
,5/13/26, 8:44 AM DLM (ASCP) Exam Questions & Answers Test QUESTIONS AND VERIFIED SOLUTIONS |2026| ELABORATED &DETAILED ANS…
income statement summarizes the operations of an organization with
a focus on its revenues, expenses, and profitability.
contains operational results over a period of time.
depreciation noncash charge against earnings on income
statement that reflect the "wear and tear" on a
business' fixed assets (property and equipment).
loss of value
salvage value amount received when final disposition occurs at
end of the asset's useful life.
annual depreciation (initial cost - salvage value)/ useful life
Profit net income -expense
cashflow net income + depreciation
Total Profit Margin Net income divided by total revenues. It measures
the amount of total profit per dollar of total
revenues.
fixed costs cost not related to the volume of services
delivered (ex. facilities cost, lab admin, instrument
leases, maintenance contracts)
variable cost directly related to the volume of services delivered
(ex. supplies, labor costs)
Profit Analysis technique use to analyze the effects of volume
changes on profit. can also be used to analyze
effects of volume changes on costs.
https://quizlet.com/1179875253/dlm-ascp-exam-questions-answers-test-questions-and-verified-solutions-2026-elaborated-detailed-answers-flash-car… 2/36
,5/13/26, 8:44 AM DLM (ASCP) Exam Questions & Answers Test QUESTIONS AND VERIFIED SOLUTIONS |2026| ELABORATED &DETAILED ANS…
Total Costs fixed costs + variable costs
Variable costs = variable cost rate x volume
contribution margin difference between per unit revenue and per unit
variable cost. gives the amount left to cover the
fixed costs. after fixed costs are covered what's left
contributes to the profit.
accounting breakeven Volume needed to produce zero profit. Revenues
cover all accounting costs.
Total Revenue (cost x volume) - Total Variable
(variable cost rate x volume) - fixed costs = $0
economic breakeven occurs when all accounting costs plus a profit
target are covered
total revenue - total variable cost- fixed cost =
profit
Surcharge/Cost Plus used for reference/send out testing. Determine
cost of doing a procedure then add markup factor
to get appropriate price.
weight value basis each test performed is assigned a weight based on
cost of performing the test in relation to the
procedure.
patient day factor the number of patients in a hospital on a given day.
(average patient day/ daily census for the year) x
365
tests per patient days test volume/ patient days
revenue per test gross revenue/test volume
https://quizlet.com/1179875253/dlm-ascp-exam-questions-answers-test-questions-and-verified-solutions-2026-elaborated-detailed-answers-flash-car… 3/36
, 5/13/26, 8:44 AM DLM (ASCP) Exam Questions & Answers Test QUESTIONS AND VERIFIED SOLUTIONS |2026| ELABORATED &DETAILED ANS…
direct costs test-specific costs (Variable)
examples - supplies, instrumentation, reagents,
tech time
indirect cost remain constant
examples - lab admin, medical records, house
keeping, utilities, etc. (fixed/semi-variable)
unit costs total direct + indirect expenses
Employment cycle covers all stages in the process of employing staff:
1. recruitment and acquisition costs (pre-
employment screen)
2. training/developmental costs (ongoing)
3. productive/operational periods
4. termination/separation of employee from
institution costs
analyze labor costs institutional labor cost evaluation (employment
cycle)
technical evaluation of labor cost - assign labor
costs to production activities that generate
expenses. helps manager identify where efforts are
being expended and productivity
accounting and budgeting labor analysis - helps
monitor staffing levels, productivity and
management performance against budget
objectives
preanalytical time specimen collection, prep, instrument
analytical time performing/resulting tests
post analytical time reporting and routine maintenance
https://quizlet.com/1179875253/dlm-ascp-exam-questions-answers-test-questions-and-verified-solutions-2026-elaborated-detailed-answers-flash-car… 4/36
