ACHE FACHE BOG Governance & Organizational Structure – Board Duties, Duty of Loyalty, CEO Oversight, Committees & Bylaws (Updated Q&A)

ACHE FACHE BOG Governance & Organizational

Structure – Board Duties, Duty of Loyalty, CEO

Oversight, Committees & Bylaws (Updated Q&A)


Description: Focuses on healthcare governance: fiduciary duties (care, loyalty,

obedience), board composition and bylaws, committee structures, and CEO/board

relationships. Includes nominating committee responsibilities, board work

organization, and policy-level quality accountability.




A. Monitoring budget performance - answer✔✔1) The finance committee of the

Board is responsible for: a. Monitoring budget performance b. Awarding CEO

increases and bonuses c. Acting on behalf of the Board in their absence d. Permitting

joint ventures with other corporations b. Services - answer✔✔2) Which of the

following should be included in an organization's mission statement? a. Ethics b.

Services c. Strategies d. Facilities c. A board member refrains from conflicts of

interest - answer✔✔3) The duty of loyalty requires that: a. A board member

discloses all of their assets before becoming a board member b. A board member

belongs to as few healthcare organizations as possible c. A board member refrains
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