HIM MANAGEMENT FINALS STUDY
GUIDE 2026 ACTUAL QUESTIONS WITH
VERIFIED ANSWERS.
What budget is governed by Medicare laws and reviewed by
Joint Commission - correct answer-Capital
HIM is a cost center which has control over costs, but no
control over [1] [2] - correct answer-Revenue
Generation
Debits have what impact on assets and liabilities - correct
answer-Increase assets and decrease liabilitie
Describe Conservatism and its function - correct answer-
Conservatism in accounting is when a high degree of validation
is needed before any profit can be claimed. It also requires all
probable losses be discovered and most expenditures are
obtained. All revenue will be postponed until verification is
made. This gives you the most accurate and true measure of
profits
,Assigning costs and examples is an example of what - correct
answer-Depreciation
A revenue is an asset and an expense is a liability - correct
answer-False
When cash flow occurs but matching service has not, this is an
example of what - correct answer-Deferral adjustment
Credits are in the [1] column and debits are in the [2] column of
the double entry system - correct answer-Right
Left
A mortgage is an example of - correct answer-Noncurrent
Liabilities
Your HIM Department purchases a license for new EHR
software at a cost of $500,000. The software has a life
usefulness of 5 years. The yearly depreciation is - correct
answer-$100,000.00
, Which of the following is an example of an asset - correct
answer-accounts receivable
Which method of accounting does not reflect the amount of
money on hand at any one point in time - correct answer-
Accrual
Data governance governs what type of asset - correct answer-
Input (data)
The most important medical staff governance document are -
correct answer-Medical Staff Bylaws
Data and Information Governance are essentially the same -
correct answer-False
Information governance governs what type of asset - correct
answer-Output (information)
GUIDE 2026 ACTUAL QUESTIONS WITH
VERIFIED ANSWERS.
What budget is governed by Medicare laws and reviewed by
Joint Commission - correct answer-Capital
HIM is a cost center which has control over costs, but no
control over [1] [2] - correct answer-Revenue
Generation
Debits have what impact on assets and liabilities - correct
answer-Increase assets and decrease liabilitie
Describe Conservatism and its function - correct answer-
Conservatism in accounting is when a high degree of validation
is needed before any profit can be claimed. It also requires all
probable losses be discovered and most expenditures are
obtained. All revenue will be postponed until verification is
made. This gives you the most accurate and true measure of
profits
,Assigning costs and examples is an example of what - correct
answer-Depreciation
A revenue is an asset and an expense is a liability - correct
answer-False
When cash flow occurs but matching service has not, this is an
example of what - correct answer-Deferral adjustment
Credits are in the [1] column and debits are in the [2] column of
the double entry system - correct answer-Right
Left
A mortgage is an example of - correct answer-Noncurrent
Liabilities
Your HIM Department purchases a license for new EHR
software at a cost of $500,000. The software has a life
usefulness of 5 years. The yearly depreciation is - correct
answer-$100,000.00
, Which of the following is an example of an asset - correct
answer-accounts receivable
Which method of accounting does not reflect the amount of
money on hand at any one point in time - correct answer-
Accrual
Data governance governs what type of asset - correct answer-
Input (data)
The most important medical staff governance document are -
correct answer-Medical Staff Bylaws
Data and Information Governance are essentially the same -
correct answer-False
Information governance governs what type of asset - correct
answer-Output (information)
