ACHE FACHE (FACHE)

BOG Test 1 Exam Questions With Verified Answers For the routine service cost center, an increase in the number of patient days over the budgeted number of patient days will result in: A higher average cost per patient day. A lower average cost per patient day. An increase in the budgeted fixed costs for the routine service cost center. No change in the average cost per patient day. - ANS B. lower average cost per patient day Look for explanation Which of the following balance...

Board of Governors Examination Online Tutorial Finance Sample Test Questions And Answers Net income as a percentage of gross revenues and return on equity are the two most important indicators of: a. Profitability b. Credit worthiness c. Market Strength d. Cash Position - ANS A. When reviewing assets, which element is the most important indication of an organization's liquidity? a. Buildings and equipment b. Long-term investments c. Cash and short-term investments d. Land and...

ACHE BOG Practice Exam Questions And Answers # 1 According to the ACHE’s Code of Ethics, one way that healthcare executives can avoid or minimize the negative implications of conflict of interest is to: Make the conflict known to those in superior positions. 3 MULTIPLE CHOICE OPTIONS #2 The principles of quality improvement require that healthcare executives change their management philosophy from: Finding fault with employees to finding problems in processes. 3 MULTIPL...

ACHE - BOG Exam - Additional Sample Questions And Answers The interpretation of the healthcare organization's role with respect to healthcare values would require: a. Establishing corporate goals and major institutional policies b. Ensuring that the community served by the facility is well informed about the organization's goals and performances c. Developing a mission statement indicating the organization's fundamental purpose or reason for existence, in order to guide organizatio...

Past Questions From ACHE's Board of Governors Exam Questions And Answers For the routine service cost center, an increase in the number of patient days over the budgeted number of patient days will result in: 1. A higher average cost per patient day. 2. A lower average cost per patient day. 3. An increase in the budgeted fixed costs for the routine service cost center. 4.No change in the average cost per patient day. - ANS 2. Which of the following balance sheet items would dif...

ACHE BOG Sample Test Questions And Answers According to the Code of Ethics, one way executives can avoid or minimize negative implications of conflict of interest is: a) develop a PR plan to address conflict of interest scenarios b) not participate in specific decisions where conflict may exist c) ensure members submit annual holdings for inspection d) make the conflict known to those in superior positions - ANS D The principles of quality improvement require that executives ch...

ACHE BOG Exam Sample Test -100 Questions And Answers CEO Compensation should be based on: a. the compensation arrangement with prior CEO b. executive compensation in local corporations with similar gross revenues c. present day salary plus cost-of living adjustment d. what the institution would have to pay for a similarly prepared person if that person were employed elsewhere - ANS d. what the institution would have to pay for a similarly prepared person if that person were employed ...

FACHE - Governance Practice Exam Questions - From Jet's BOG Study Guide Binder The voting rights of "Ex Officio" mbrs is determined by - ANS The By-laws 3 Reasons for sanctions to be brought against mbrs of a governing board - ANS 1) Unreasonable compensation 2) Revenue based compensation 3) Participation in bargain sales The most effective # of mbrs of a BOD is? - ANS 10-15 5 managerial functions of the Board: - ANS 1) Appoint a CEO 2) Establish Mission/Vision/Values 3) A...

FACHE Management & Leadership Questions And Answers Senior Managers - ANS Establish objective Provide Conditions for Success Decisions by senior managers have most dramatic results Heavily use conceptual skills Managers at All Levels - ANS Lead by example Shape values and culture through decisions 5 Management Functions - ANS Planning Organizing Controlling Directing Staffing Conceptual Skills - ANS ability to think creatively and understand complicated or abstract id...

FACHE Exam Questions And Answers Sarbanes Oxley - ANS US federal law that set new or expanded requirements for all US public company boards, management and public accounting firms. Cover responsibilities of a public corporation's board of directors, adds criminal penalties and required SEC to create regulations FMLA - ANS 1993: law requiring covered employers to provide employees with job-protected and unpaid leave for qualified medical family reasons Purpose of any HCO - ANS to ...