FACHE WK 1 Governance & Organizational Structure 2023 – 2024 Updated Solution

FACHE WK 1 Governance & Organizational Structure 2023 – 2024 Updated Solution The voting rights of "Ex Officio" members is determined by: a) The CEO b) The Board Chair c) The By-laws d) The Governance Committee - CORRECT ANS - C Which of the following is not a reason for sanctions to be brought against members of a governing board? a) Unreasonable compensation b) Revenue based compensation c) Participation in bargain sales d) Assumption of management verses governance role - CORRECT ANS - D The most effective number of members of a Board of Directors is: a) 16-25 b) 10-15 c) 8-10 d) 5-8 - CORRECT ANS - B Which of the following is not a managerial function of the Board: a) Ensure the quality of medical care b) Approve long range plans and the annual budget c) Select and supervise employees of the organization d) Appoint or terminate the chief executive - CORRECT ANS - C Which of the following is not a common board committee? a) Executive b) Finance c) Medical Bylaws d) Quality - CORRECT ANS - C What are the five Managerial Functions of the Governing Board? a) Est. Mission/Vision--Appoint CEO--Approve long rang plans--Monitor quality of medical care—Est Organizational Values b) Appoint CEO--Monitor Performance against plans--Ensure quality of care--approve long range plans--establish mission/vision c) Appoint CEO--Establish mission/vision/values--Approve long range plans and annual budget--Ensure quality of medical care--monitor performance against plan and budget. d) Establish mission/vision--approve long range plans--quality assurance--appoint CEO--community spokesperson - CORRECT ANS - C The board chair should not demonstrate which of the following qualities: a) Mentor others on the board b) Be decisive and move the board to action c) Commandeer the Board d) Cultivate an effective working relationship with the CEO - CORRECT ANS - C As CEO, one must do the following, except: a) Be visionary and inspire the board b) Avoid springing information on the board c) Communicate effectively and frequently d) Avoid calculated risks - CORRECT ANS - D