HFMA
CHFP
Q1:
What represents the difference between unrestricted revenues, gains and other support and expenses?
○
A
Operating expense○
B
Unrestricted net assets○
C
Operating income○
D
Statement of Operations
HFMA
CHFP
Q2:
Which represents the assets, liabilities and net assets for a health care provider?
○
A
Accounting cycle○
B
Balance sheet○
C
Income statement○
D
Statement of cash flows
HFMA
CHFP
Q3:
To find the book value of the fixed asset, the accumulated depreciation is added in the amount of properties and equipment.
○
A
True○
B
False
HFMA
CHFP
Q4:
______________ is the contra-asset to properties and equipment and the allowance for uncollectable, which is the contra-asset to accounts receivables.
○
A
Dispersive appreciation○
B
Depreciation expense○
C
Depreciated Contra-asset○
D
Accumulated depreciation
HFMA
CHFP
Q5:
An asset that, when increased, decreases the value of a related asset on the books is called:
○
A
Controversial asset○
B
Slender asset○
C
Contra-asset○
D
Contracted asset