Free HFMA CHFP Exam Questions

Become HFMA Certified with updated CHFP exam questions and correct answers

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Total 315 Questions | Updated On: Feb 19, 2025
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Question 1

The formula to calculate the present value of an amount to be received in the future is: 


Answer: C
Question 2

Under accrual basis of accounting, revenues are recognized when earned.


Answer: A
Question 3

A post office box located near a Federal Reserve Bank or branch that for a fee will pick up and process
checks quickly is called:


Answer: B
Question 4

A method of analyzing financial statements that looks at the percentage change in a line item from one year to the next refers to: 


Answer: A
Question 5

Cash (or cash equivalents) is the most liquid asset on the balance sheet. 


Answer: A
Page:    1 / 63      
Total 315 Questions | Updated On: Feb 19, 2025
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