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MHA 706 FINAL-LORD EXAM ||VERIFIED EXAM!!, MOST RECENT EXAM 2026 ACTUAL COMPLETE REAL EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS

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MHA 706 FINAL-LORD EXAM ||VERIFIED EXAM!!, MOST RECENT EXAM 2026 ACTUAL COMPLETE REAL EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS

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MHA 706 FINAL-LORD EXAM ||VERIFIED EXAM!!,
MOST RECENT EXAM 2026 ACTUAL COMPLETE
REAL EXAM QUESTIONS WITH DETAILED
VERIFIED ANSWERS



1. Which leadership style focuses on inspiring employees through a shared
vision?

A. Autocratic
B. Transactional
C. Transformational
D. Laissez-faire

Correct Answer: C. Transformational

Rationale: Transformational leaders motivate followers by communicating a compelling vision
and encouraging innovation and growth.



2. What is the primary purpose of a SWOT analysis?

A. Evaluate employee performance
B. Assess organizational strengths, weaknesses, opportunities, and threats
C. Calculate financial ratios
D. Measure patient satisfaction

Correct Answer: B. Assess organizational strengths, weaknesses, opportunities, and threats

Rationale: SWOT is a strategic planning tool used to identify internal and external factors
affecting organizational success.



3. Which financial statement shows an organization's assets, liabilities, and net
position?

A. Income Statement
B. Cash Flow Statement

,C. Balance Sheet
D. Budget Report

Correct Answer: C. Balance Sheet

Rationale: The balance sheet provides a snapshot of financial condition at a specific point in
time.



4. In healthcare quality improvement, the "P" in PDSA stands for:

A. Process
B. Plan
C. Practice
D. Performance

Correct Answer: B. Plan

Rationale: PDSA stands for Plan-Do-Study-Act, a widely used quality improvement model.



5. Which organization accredits hospitals in the United States?

A. CMS
B. OSHA
C. CDC
D. The Joint Commission

Correct Answer: D. The Joint Commission

Rationale: The Joint Commission evaluates healthcare organizations against established quality
and safety standards.



6. A healthcare executive analyzing market competition is conducting:

A. Workforce planning
B. Environmental scanning
C. Benchmarking
D. Utilization review

Correct Answer: B. Environmental scanning

, Rationale: Environmental scanning examines external forces, competitors, regulations, and
market trends.



7. Which ethical principle emphasizes fairness and equal treatment?

A. Autonomy
B. Beneficence
C. Justice
D. Nonmaleficence

Correct Answer: C. Justice

Rationale: Justice requires fair distribution of resources and equitable treatment of individuals.



8. What is the primary goal of strategic management?

A. Reduce staffing levels
B. Increase regulatory oversight
C. Achieve long-term organizational success
D. Eliminate competition

Correct Answer: C. Achieve long-term organizational success

Rationale: Strategic management aligns resources and actions with organizational goals and
mission.



9. Which budgeting method starts from zero each budget cycle?

A. Incremental Budgeting
B. Capital Budgeting
C. Flexible Budgeting
D. Zero-Based Budgeting

Correct Answer: D. Zero-Based Budgeting

Rationale: Every expense must be justified from the beginning under zero-based budgeting.



10. Employee resistance to change is most effectively reduced through:

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