[2021] Get Latest HFMA CHFP Practice Test Questions & Exam Dumps PDF

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4. Question No. 1 Profit centers are the organizational units responsible for controlling costs and earning revenues. A. True B. False Answer: A Question No. 2 Cost centers that support clinical cost centers and the organization as a whole are called: A. Organizational cost centers B. Managerial cost center C. Administrative cost centers D. Secretarial cost centers Answer: C Question No. 3 Production cost centers are: A. responsible for producing or selling products or both. B. responsible for shipping products C. responsible for raw material cost of the products. D. None of the above Answer: A Question No. 4 Cost centers that are responsible for providing health care-related services to clients, patients or enrollees refer to: A. service cost center B. clinical cost center C. production cost centers D. clinical cost centers Answer: D Question No. 5 Which of the following is NOT the type cost centers in health care organizations? A. production cost centers B. service cost centers C. clinical cost centers D. administrative cost centers Answer: B

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