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CHC EXAM 2024 (CERTIFIED HEALTH CARE CONSTRUCTOR) 2
NEWEST VERSIONS (VERSION A AND B) LATEST 2026 ACTUAL
EXAM WITH COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
Who has primary responsibility for the monitoring component of
Internal controls?
a. The organization's independent outside auditor.
b. The organization's internal audit function.
c. The organization's management.
d. The organization's board of directors. - ANSWER-c.
management! The organization's management has primary
responsibility for the monitoring component of internal control.
Answer A is incorrect because independent outside auditors
perform financial statement audits to ensure that
organizations meet their financial reporting obligations.
Answer B is incorrect because the internal audit function
performs an independent assessment of the system of
internal controls.
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Answer D is incorrect because the organization's board of
directors is responsible for governance and oversight, but
not monitoring
Objectives of Internal Controls - ANSWER-1) Reliability and
Integrity of Information
2) Compliance with Policies, plans, procedures, laws, regulations
and contracts
3) Safeguard Assets
4) Econsomical and efficient use of resources
5) Accomplishment of objectives and goals
Key factors to consider in a compliance program assessment
include review of existing policies, practices, procedures, and
__________related to the prevention of fraud, waste, and abuse.
a. Internal Controls
b. Guidelines
c. Programs
d. External Controls - ANSWER-a. Internal Controls
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Benefits of conducting a Control Self Assessment may include: -
ANSWER-• Increases scope
• Targets audit work
• Frees internal audit resources
• Increases awareness
• Motivates personnel
Three Primary Approaches to Controlled Self-Assessment -
ANSWER-Approaches:
1 - facilitated team meetings
2 - questionnaires/surveys
3 - Management produced analysis
What are some CMS identified areas of high risk fraud? -
ANSWER-1. Sudden changes in billing,
2. spike billing,
3. billing by inappropriate specialties or diagnosis,
4. geographical changes in billing,
5. increased beneficiary complaints,
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6. compromised beneficiary / provider identities,
7. deceased patients / providers,
8. billing for part B instead of part A,
9. Identity theft,
10. High Comprehensive Error Rate Testing (CERT),
11. Hospice,
12. Nursing Facility Quality of Care,
13. DME,
14. Pharma,
15. Ambulance,
16. Research,
17. Third Party Billing
True of False:
A self-audit is an examination or inspection for providers in
reducing non-compliance. Self-audits can lower chances of an
external audit and create a robust culture of compliance -
ANSWER-True
CHC EXAM 2024 (CERTIFIED HEALTH CARE CONSTRUCTOR) 2
NEWEST VERSIONS (VERSION A AND B) LATEST 2026 ACTUAL
EXAM WITH COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
Who has primary responsibility for the monitoring component of
Internal controls?
a. The organization's independent outside auditor.
b. The organization's internal audit function.
c. The organization's management.
d. The organization's board of directors. - ANSWER-c.
management! The organization's management has primary
responsibility for the monitoring component of internal control.
Answer A is incorrect because independent outside auditors
perform financial statement audits to ensure that
organizations meet their financial reporting obligations.
Answer B is incorrect because the internal audit function
performs an independent assessment of the system of
internal controls.
,2|Page
Answer D is incorrect because the organization's board of
directors is responsible for governance and oversight, but
not monitoring
Objectives of Internal Controls - ANSWER-1) Reliability and
Integrity of Information
2) Compliance with Policies, plans, procedures, laws, regulations
and contracts
3) Safeguard Assets
4) Econsomical and efficient use of resources
5) Accomplishment of objectives and goals
Key factors to consider in a compliance program assessment
include review of existing policies, practices, procedures, and
__________related to the prevention of fraud, waste, and abuse.
a. Internal Controls
b. Guidelines
c. Programs
d. External Controls - ANSWER-a. Internal Controls
,3|Page
Benefits of conducting a Control Self Assessment may include: -
ANSWER-• Increases scope
• Targets audit work
• Frees internal audit resources
• Increases awareness
• Motivates personnel
Three Primary Approaches to Controlled Self-Assessment -
ANSWER-Approaches:
1 - facilitated team meetings
2 - questionnaires/surveys
3 - Management produced analysis
What are some CMS identified areas of high risk fraud? -
ANSWER-1. Sudden changes in billing,
2. spike billing,
3. billing by inappropriate specialties or diagnosis,
4. geographical changes in billing,
5. increased beneficiary complaints,
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6. compromised beneficiary / provider identities,
7. deceased patients / providers,
8. billing for part B instead of part A,
9. Identity theft,
10. High Comprehensive Error Rate Testing (CERT),
11. Hospice,
12. Nursing Facility Quality of Care,
13. DME,
14. Pharma,
15. Ambulance,
16. Research,
17. Third Party Billing
True of False:
A self-audit is an examination or inspection for providers in
reducing non-compliance. Self-audits can lower chances of an
external audit and create a robust culture of compliance -
ANSWER-True
