Practice for CPPM Exam questions and answers
2025\2026 A+ Grade
*Efficiency
- correct answer Process & doing things right
*Effectiveness
- correct answer Outcomes & doing the right thing
Accural Accounting
- correct answer Records revenues when they are earned & expenses when they have been accrued.
Provides a more accurate reflection of your current financial situation
Cash Based Accounting
- correct answer Recognizes revenue only when cash is collected & expenses when cash is paid. Provides
a truer reflection of actual cash on hand & requires less reconciliation
Chart of Accounts
- correct answer Lists all potential accounts for all financial information (income, expenses, assets,
liabilities, equities
Income Statement
- correct answer Records all revenues & expenses associated with the business for a specified time.
Summary of a company's profit or loss during a given period
Balance Sheet
- correct answer Snapshot of buisness' financial condition at specific time. Includes values for assets,
liabilities & stockholders equity
Cash Flow Statement
- correct answer Financial statement used to maintain awareness of funds (cash available) to support
ongoing business operations
, Break Even Point
- correct answer Point where revenues for services minus all variable expenses = the fixed expenses &
add'l revenue will start creating a profit for the business
OSHA
- correct answer *Procedures for reporting a file
* Evacuatin procedures during emergency
*fire extinguisher locations
* Emergency contacts & info
* Designated meeting location
* Staff assignments & responses
**Revenue Per Visit (RPV) Calculated
- correct answer Review payor contracts = Toal amount collected ./. total # pt visits
**Days in A/R formula
- correct answer total A/R ./. (total charges ./. total days in A/R
(i.e. $558039 ./. ($700,00 ./. 60)
Medical Necessity
- correct answer Most important criteria for E&M
Days in A/R
- correct answer How long it takes to collect a charge. Good is less than 40 days
**Days in A/R forumula
- correct answer Total A/R ./. Total charges ./. # of days for charges
Assests =
- correct answer liabilities & equity
2025\2026 A+ Grade
*Efficiency
- correct answer Process & doing things right
*Effectiveness
- correct answer Outcomes & doing the right thing
Accural Accounting
- correct answer Records revenues when they are earned & expenses when they have been accrued.
Provides a more accurate reflection of your current financial situation
Cash Based Accounting
- correct answer Recognizes revenue only when cash is collected & expenses when cash is paid. Provides
a truer reflection of actual cash on hand & requires less reconciliation
Chart of Accounts
- correct answer Lists all potential accounts for all financial information (income, expenses, assets,
liabilities, equities
Income Statement
- correct answer Records all revenues & expenses associated with the business for a specified time.
Summary of a company's profit or loss during a given period
Balance Sheet
- correct answer Snapshot of buisness' financial condition at specific time. Includes values for assets,
liabilities & stockholders equity
Cash Flow Statement
- correct answer Financial statement used to maintain awareness of funds (cash available) to support
ongoing business operations
, Break Even Point
- correct answer Point where revenues for services minus all variable expenses = the fixed expenses &
add'l revenue will start creating a profit for the business
OSHA
- correct answer *Procedures for reporting a file
* Evacuatin procedures during emergency
*fire extinguisher locations
* Emergency contacts & info
* Designated meeting location
* Staff assignments & responses
**Revenue Per Visit (RPV) Calculated
- correct answer Review payor contracts = Toal amount collected ./. total # pt visits
**Days in A/R formula
- correct answer total A/R ./. (total charges ./. total days in A/R
(i.e. $558039 ./. ($700,00 ./. 60)
Medical Necessity
- correct answer Most important criteria for E&M
Days in A/R
- correct answer How long it takes to collect a charge. Good is less than 40 days
**Days in A/R forumula
- correct answer Total A/R ./. Total charges ./. # of days for charges
Assests =
- correct answer liabilities & equity
