FACHE ACHE BOG Examination
Questions and
Answers Verified Solutions Latest
Update
Question:
A bar chart format, with the items rank ordered on a dependent variable such as cost,
profit, or satisfaction, that examines the components of a problem in terms of their
contribution to it is known as a A) a run chart B) a frequency table C) Pareto analysis D)
deeming cycle.
Answer:
C
Question:
Governing boards are typically more effective at what size A) 10-15 B) 15-20 C) 5-10 D)
25+.
Answer:
A
Question:
What type of review involves evaluation of management staff by their superiors,
subordinates, and internal/external customers A) annual review B) 360 degree review
C) competency review D) peer review.
Answer:
B
,Question:
The role of a non-profit HCO's governing board includes all of the following except: A)
delineate clinical privileges B) ensuring quality healthcare is delivered C) overseeing
day to day operations D) setting broad institutional policy.
Answer:
C
Question:
Medicare Conditions of Participation for hospitals require that a prescribing practitioner
authenticate verbal orders within ______, if not defined by the State A) 24 hrs B) 48 hrs
C) 7 days D) 30 days.
Answer:
B
Question:
Cost accounting is an important tool that allows the CFO to A) meeting JCAHO fiscal
requirements B) ensure supplies are competitively purchased C) determine the actual
cost of providing patient care D) improve revenue cycle returns.
Answer:
C
Question:
What is true about the relationship between acute care hospitals and long term care
organizations A) Hospitals and patients frequently have difficulty arranging for nursing
home care services B) hospitals generally don't want to refer patients to SNFs since the
revenue must be shared C) SNFs generally do not want to refer patients to hospitals
since this interferes with State LOS requirements D) SNFs generally thought to be
superior to hospitals for chronic disease management.
Answer:
A
,Question:
The 1st step in any strategic management scenario is to A) develop "what if" scenarios
B) gather Information from as many sources possible C) develop courses of action that
fit within future organizational resources D) conduct a make/buy analysis.
Answer:
B
Question:
Which of the following is the least serious limitation of decision analysis A)
oversimplification if the problem B) inadequate data C) the decision makers values D)
the statistical model.
Answer:
D
Question:
In a unionized organization what is the most effective contract dispute resolution
finalization alternative A) mediation B) corporate campaigns C) arbitration D) strike.
Answer:
C
Question:
What does a liquidity ratio measure A) a firm's ability to meet its current obligations in
a timely manner B) size of dividends to be paid to shareholders C) the percent of total
funds provided by creditors D) days in AR.
Answer:
A
Question:
The real value of financial statements lies in the fact they can be used to help A)
predict the firms financial condition B) compute total margin vs periodic gains C) relate
the industry average new product/loss over time D) understand that a large portion of
a hospitals net income may come from non-operating gains.
Answer:
A
, Question:
Facing struggle such as declining profit margins, nonprofit HCOs have become more
dependent on what source of financing capital needs A) philanthropy B) bond financing
C) capital leases D) operational leases.
Answer:
A
Question:
You work for a county organization that has decided to issue bonds to fund a new
building. What type of bond would be sold on behalf of your organization A) mortgage
bonds B) corporate bonds C) capital bonds D) municipal bonds.
Answer:
D
Question:
On a balance sheet, what does the different between total current assets and total
current liabilities indicate A) cash on hand B) net working capital C) liquid assets D)
equity.
Answer:
B
Question:
How should supervisors behave toward informal leaders in the organization A) maintain
a positive attitude toward informal leaders B) ensure informal leaders remain st a
moderately low status within the work group C) grant informal leaders occasional
favors D) pass informs on to informal leaders before giving it to formal leaders.
Answer:
A
Question:
Budgets for new capital expenditures include requests for A) infrastructure B) wage
adjustments C) new employee insurance plans D) new gain sharing agreements with
physicians.
Answer:
A
Questions and
Answers Verified Solutions Latest
Update
Question:
A bar chart format, with the items rank ordered on a dependent variable such as cost,
profit, or satisfaction, that examines the components of a problem in terms of their
contribution to it is known as a A) a run chart B) a frequency table C) Pareto analysis D)
deeming cycle.
Answer:
C
Question:
Governing boards are typically more effective at what size A) 10-15 B) 15-20 C) 5-10 D)
25+.
Answer:
A
Question:
What type of review involves evaluation of management staff by their superiors,
subordinates, and internal/external customers A) annual review B) 360 degree review
C) competency review D) peer review.
Answer:
B
,Question:
The role of a non-profit HCO's governing board includes all of the following except: A)
delineate clinical privileges B) ensuring quality healthcare is delivered C) overseeing
day to day operations D) setting broad institutional policy.
Answer:
C
Question:
Medicare Conditions of Participation for hospitals require that a prescribing practitioner
authenticate verbal orders within ______, if not defined by the State A) 24 hrs B) 48 hrs
C) 7 days D) 30 days.
Answer:
B
Question:
Cost accounting is an important tool that allows the CFO to A) meeting JCAHO fiscal
requirements B) ensure supplies are competitively purchased C) determine the actual
cost of providing patient care D) improve revenue cycle returns.
Answer:
C
Question:
What is true about the relationship between acute care hospitals and long term care
organizations A) Hospitals and patients frequently have difficulty arranging for nursing
home care services B) hospitals generally don't want to refer patients to SNFs since the
revenue must be shared C) SNFs generally do not want to refer patients to hospitals
since this interferes with State LOS requirements D) SNFs generally thought to be
superior to hospitals for chronic disease management.
Answer:
A
,Question:
The 1st step in any strategic management scenario is to A) develop "what if" scenarios
B) gather Information from as many sources possible C) develop courses of action that
fit within future organizational resources D) conduct a make/buy analysis.
Answer:
B
Question:
Which of the following is the least serious limitation of decision analysis A)
oversimplification if the problem B) inadequate data C) the decision makers values D)
the statistical model.
Answer:
D
Question:
In a unionized organization what is the most effective contract dispute resolution
finalization alternative A) mediation B) corporate campaigns C) arbitration D) strike.
Answer:
C
Question:
What does a liquidity ratio measure A) a firm's ability to meet its current obligations in
a timely manner B) size of dividends to be paid to shareholders C) the percent of total
funds provided by creditors D) days in AR.
Answer:
A
Question:
The real value of financial statements lies in the fact they can be used to help A)
predict the firms financial condition B) compute total margin vs periodic gains C) relate
the industry average new product/loss over time D) understand that a large portion of
a hospitals net income may come from non-operating gains.
Answer:
A
, Question:
Facing struggle such as declining profit margins, nonprofit HCOs have become more
dependent on what source of financing capital needs A) philanthropy B) bond financing
C) capital leases D) operational leases.
Answer:
A
Question:
You work for a county organization that has decided to issue bonds to fund a new
building. What type of bond would be sold on behalf of your organization A) mortgage
bonds B) corporate bonds C) capital bonds D) municipal bonds.
Answer:
D
Question:
On a balance sheet, what does the different between total current assets and total
current liabilities indicate A) cash on hand B) net working capital C) liquid assets D)
equity.
Answer:
B
Question:
How should supervisors behave toward informal leaders in the organization A) maintain
a positive attitude toward informal leaders B) ensure informal leaders remain st a
moderately low status within the work group C) grant informal leaders occasional
favors D) pass informs on to informal leaders before giving it to formal leaders.
Answer:
A
Question:
Budgets for new capital expenditures include requests for A) infrastructure B) wage
adjustments C) new employee insurance plans D) new gain sharing agreements with
physicians.
Answer:
A
