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CHFP Exam Questions & Answers

Exam Code: CHFP

Exam Name: Certified Healthcare Financial Professional

Updated: Nov 13, 2024

Q&As: 315

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Practice These Free Questions and Answers to Pass the Certified Healthcare Financial Professional Exam

Questions 1

In contrast to excel's NPV function, the IRR function includes the final investments as one of the entries in the function.

A. True

B. False

Show Answer
Questions 2

Debt service coverage is equal to:

A. (gross income + debts + depreciation + amortization) / maximum half year debt service payments

B. (net income + interest + depreciation + amortization) / maximum annual debt service payments

C. (net income + expenses + depreciation + amortization) / minimum annual interest service payments

D. (net income + revenues + appreciation + amortization) / minimum half year interest service payments

Show Answer
Questions 3

The more frequent the compounding for any given interest level and time period, the less the future value.

A. True

B. False

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Questions 4

Before the break-even point, the size of the space between the total revenue line and the total cost line equals the amount of profit.

A. True

B. False

Show Answer
Questions 5

A lease that lasts for an extended period, up to the life of the leased asset and cannot be cancelled without penalty refers to:

A. Decision lease

B. Principal lease

C. Capital lease

D. Operating lease

Show Answer

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