CNML PRACTICE EXAM 2026 COMPLETE
QUESTIONS AND SOLUTIONS VERIFIED
◉ Revenue. Answer: operating revenue generated from primary
business activities
◉ gross operating revenue. Answer: total revenue earned with no
expenses removed
◉ net revenue. Answer: gross revenue minus all expenses
◉ operating expenses. Answer: salaries, benefits, non-productive
time, overtime, agency costs, overhead orientation and recruitment
costs, minor equipment, supplies, linen, food, and other contract
services
◉ budget variance. Answer: difference between expected budget
targets versus actual budget results
◉ gross changes. Answer: amount an organization bills if they are
paid in full
◉ breakeven. Answer: revenue equals expenses
, ◉ non-operating revenue. Answer: revenue from services outside
the core services (example - investment income, durable medical
equiptment, retail services, joint ventures).
◉ variable costs. Answer: costs that fluctuate with volume
◉ fixed costs. Answer: costs that don't fluctuate with volume
◉ market share. Answer: percentage of total volue for a health
system for specific volumes within a health system as compared
with competitors in the same geographical "market" area
◉ payer mix. Answer: percentage of revenue received from each
payer source
◉ return on investment. Answer: gain or loss generated on an
investment relative to the amount of money invested
Net Profit/Total Investment x 100
◉ Investment Income. Answer: Income from interest, dividends, and
capital gains
QUESTIONS AND SOLUTIONS VERIFIED
◉ Revenue. Answer: operating revenue generated from primary
business activities
◉ gross operating revenue. Answer: total revenue earned with no
expenses removed
◉ net revenue. Answer: gross revenue minus all expenses
◉ operating expenses. Answer: salaries, benefits, non-productive
time, overtime, agency costs, overhead orientation and recruitment
costs, minor equipment, supplies, linen, food, and other contract
services
◉ budget variance. Answer: difference between expected budget
targets versus actual budget results
◉ gross changes. Answer: amount an organization bills if they are
paid in full
◉ breakeven. Answer: revenue equals expenses
, ◉ non-operating revenue. Answer: revenue from services outside
the core services (example - investment income, durable medical
equiptment, retail services, joint ventures).
◉ variable costs. Answer: costs that fluctuate with volume
◉ fixed costs. Answer: costs that don't fluctuate with volume
◉ market share. Answer: percentage of total volue for a health
system for specific volumes within a health system as compared
with competitors in the same geographical "market" area
◉ payer mix. Answer: percentage of revenue received from each
payer source
◉ return on investment. Answer: gain or loss generated on an
investment relative to the amount of money invested
Net Profit/Total Investment x 100
◉ Investment Income. Answer: Income from interest, dividends, and
capital gains
