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Financial CHFP Exam Questions
Certified Healthcare Financial Professional (CHFP) (Page 3 )

Updated On: 16-Feb-2026
Page 3 of 63
PDF with 310 Questions

The need to abide by governmental regulations, whether they are for the provision of care, billing, privacy accounting standards, security or the like refers to:

  1. Compliance
  2. Chronic Medicare
  3. Health proactive standards
  4. None of the above

Answer(s): A



that providers have to pay insurers to cover the cost of defending against the lawsuits and paying large jury awards.

  1. Ambulatory payment classifications
  2. Reimbursement Insurance cost plan
  3. Health proactive Insurance standard act
  4. Increased insurance premiums

Answer(s): D



A set of federal compliance regulations to ensure standardization of billing, privacy and reporting as institutions convert to electronic systems is called:

  1. Health Insurance standard Act
  2. Reimbursement Insurance Act
  3. Medicare Reporting Act
  4. Health Insurance portability and Accountability Act

Answer(s): D



____________ is the tendency health care practitioners to do more testing and to provide more care for patients than might otherwise be necessary to protect themselves against potential litigation.

  1. Defensive medicine

Answer(s): A



In which act, federal legislation designed to tighten accounting standards in financial reporting and that holds top executives personally liable as to the accuracy and fairness of their financial statements?

  1. Sarbanes-Oxley Act
  2. Insurance accountability Act
  3. Financial statement Act
  4. Portability and Accountability Standardized Act

Answer(s): A






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