AHIP AHM-520 Exam - Topic 5 Question 47 Discussion

Actual exam question for AHIP's AHM-520 exam

Question #: 47
Topic #: 5

Companies typically produce three types of budgets: operational budgets, cash budgets, and capital budgets. The following statements are about operational budgets. Select the answer choice containing the correct statement.

AExpense budgets, a type of operational budget, typically describe fixed expenses rather than variable expenses.

BOperational budgets can only show information by department or by line of business.

COperational budgets begin with a forecast of sales revenue and investment income.

DRevenue budgets, a type of operational budget, indicate the amount of income from operations that a company received from the previous budget period

Show Suggested Answer

Suggested Answer: C

by Joanna at May 04, 2022, 05:17 AM

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Audria

5 months ago

I thought operational budgets were more flexible than just department-based.

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Marleen

5 months ago

B is way too limiting, operational budgets can show more than that!

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Kati

5 months ago

Wait, are revenue budgets really just for past income? Sounds off.

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Dominga

5 months ago

Totally agree, C is the right choice!

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Arlen

5 months ago

A is incorrect, expense budgets cover both fixed and variable expenses.

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Lacresha

6 months ago

Okay, let's see. Dr. Jones has a small practice with less than $1 million in revenue and 4 employees. Based on that, I'm thinking the 837 - Professional code set would be the best fit to comply with the HIPAA transaction rule. But I'm not 100% confident in that.

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Malika

6 months ago

Hmm, I'm a bit unsure about this one. I know the Meraki Dashboard is a web-based interface, but I can't remember if that's specifically mentioned as the interface used to access it. I might have to think this through a bit more.

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Lorrie

6 months ago

This seems like a straightforward question about email security policies. I'll carefully read through the options and think about the most likely reason the email was filtered.

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Katie

6 months ago

Hmm, this is a tricky one. I'll need to think carefully about the different MoV processes and which one best fits the description.

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Lili

6 months ago

In vivo observation, that's an interesting option. I wonder how that would work in practice and what the advantages might be compared to the other methods. I'll have to think about that one a bit more.

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