Which of the Following Professional Certificates Is Considered to Be

question 69

Multiple Choice

Which of the following professional certificates is considered to be the most relevant for dealing with cost management issues?

• A)The CPA, which is monitored differently for each state in the U.S.
• B)The CMA, which is administered through the Institute of Management Accountants.
• C)The CFA, since its program focuses on the broadest range of topics and responsibilities for financial analysis.
• D)The CPA, CMA, and CFA are viewed as equally relevant, since all three require an exam, as well as specific background and experience requirements.

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Definitions:

Health Information Technology

The use of electronic systems and tools to store, share, and analyze health information and improve healthcare delivery.

Accounts Receivable

Accounts Receivable refers to the money owed to a business by its customers for goods or services delivered but not yet paid for.

Aging Report

A financial statement or document that categorizes a company's or organization's accounts receivable according to the length of time an invoice has been outstanding.

Electronic Record

A digital version of a patient's paper chart that can include a wide range of data such as medical history, diagnoses, medications, treatment plans, and laboratory results.