Free CHFP Exam Braindumps (page: 13)

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The total amount of depreciation taken on as asset since it was put into use is called:

  1. Approved Depreciation
  2. Accumulated Depreciation
  3. Accounted Depreciation
  4. All of the above

Answer(s): B



What are the financial obligations that, due to their contractual terms, will be paid within one year?

  1. Current assets
  2. Current liabilities
  3. Current financial reviews
  4. Current payors

Answer(s): B



Estimated third party payor settlements are the category of?

  1. Current assets
  2. Current Equity
  3. Current Expenses
  4. Current liabilities

Answer(s): D



Which are the obligations to pay suppliers who have sold the health care organization goods or services on credit?

  1. Account suppliers
  2. Account payable
  3. Account receivable
  4. Accrued Account

Answer(s): B






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