HFMAs CSAF 2025-2026, Certified Specialist Accounting and Finance Q&A Latest Update
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HFMA
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HFMA
HFMAs CSAF 2025-2026, Certified Specialist Accounting and Finance Q&A Latest Update
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| Uploaded on: | May 8, 2025 |
| Last updated: | May 12, 2025 |
| Number of pages: | 63 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | HFMAs CSAF 2025-2026, Certified Specialist Accounting and Finance Q&A Latest Update |
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HFMA's CSAF 2025/2026, Certified Specialist Accounting and Finance | Q&A Latest Update | 100% PASS Contribution Margin - Answer -Difference between marginal revenue and marginal cost. Break-even point - Answer -Level of sales volume of a product producing the exact amount of contribution margin needed to cover fixed costs. Overhead - Answer -Indirect Costs Activity-based costing (ABC) - Answer -Method of determining product costs using cost drivers or activity measures, which cause indirect costs to be incurred. Three main types of Cost standards. - Answer -Predetermined (Synthetic), Negotiated (Historical), and Customized (Engineered) Four Types of Individual Cost behaviors - Answer -Variable, Fixed Cost Pattern, Semi-Variable Cost Pattern, Semi-Fixed or Stepped Variable Three Principal Types of expense variances - Answer -Price, Volume, and Efficiency The 4 Primary payment methods used in managed care - Answer -Feefor-Service, Per Diem Rate, Case Rate, Capitation
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