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Master HFMA CHFP Exam with Reliable Practice Questions

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Last exam update: Nov 20,2024
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Question 1

An asset that, when increased, decreases the value of a related asset on the books is called:


Correct : C


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Question 2

______________ is the contra-asset to properties and equipment and the allowance for uncollectable, which is the contra-asset to accounts receivables.


Correct : D


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Question 3

To find the book value of the fixed asset, the accumulated depreciation is added in the amount of properties and equipment.


Correct : A


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Question 4

Which represents the assets, liabilities and net assets for a health care provider?


Correct : B


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Question 5

What represents the difference between unrestricted revenues, gains and other support and expenses?


Correct : C


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