COMPREHENSIVE EXAMS SET PAST
QUESTIONS ACCURATE ANSWERS
CERTIFICATION GUIDE GRADED A+
⩥ Trustees.
Answer: Members of the governing board of not-for-profit organziations
who volunteer their time; the title reflects their acceptance of the asses in
the trust for the community; also may be called directors
⩥ Strategic Scorecard.
Answer: Measures of overall enterprise performance grouped in major
dimensions-customers, staff and suppliers, operations (quality and cost),
and finance; reported to the governing board and appropriate for service
lines, the healthcare organization as a whole, or its major components
⩥ Strategic Business Unit.
Answer: A profit center in an organization that focuses on a product line
or market segment
⩥ Span of Control.
Answer: The number of subordinates reporting to a supervisor
, ⩥ Reserved powers.
Answer: Decisions permanently vested in the central corporation of a
multicorporate system
⩥ Mission.
Answer: A statement of purpose -the good or benefit a healthcare
organization intends to contribute-couched in terms of an identified
community, a set of services, and a specific level of cost or finance;
many healthcare organizations are moving to population health missions,
explicitly accepting responsibility for the broader goal.
⩥ Management Letter.
Answer: Comments of external auditors to the governing board that
accompany their audited financial report
⩥ Licensed Independent Practitioner.
Answer: A caregiver granted legal status to provide specific kinds of
healthcare
⩥ Joint Venture.
Answer: A corporation jointly owned by two or more indpendent
corporationsl joint ventures always have captial invested by both or all
partners, and they usually have joint governance and management teams