ACHE BOG STUDY TEST QUESTIONS WITH SOLUTIONS
GRADED A+
✔✔One of the techniques most frequently used in industry to aid management in
interpreting a firm's balance sheet is computation of the "acid-test ratio", which is the
ratio of:
a. Current assets to current liabilities
b. total assets to total liabilities
c. cash to short term debt
d. Cash marketable securities, and accounts receivables to current liabilities - ✔✔d.
Cash marketable securities, and accounts receivables to current liabilities
✔✔The primary reason for the decision to move a freestanding voluntary facility to an
investor-owned healthcare organization is:
a. economy of scale
b. access to equity market
c. access to patient
d. improve visibility in the community - ✔✔b. access to equity market
✔✔The purchasing/receiving process is often the weak link in a healthcare
organization's internal control of its inventory. Which one of the following is standard
procedure in preventing problems in this area?
a. The organization should utilize a decentralized process for the control receiving
b. Consolidation of receiving and storeroom functions will decrease the possibility of
collusion
c. Review of the process by internal auditor should be done on a routine basis
d. The principle of dual receiving accountability as a prerequisite for invoice payment
should be enforced - ✔✔d. The principle of dual receiving accountability as a
prerequisite for invoice payment should be enforced
✔✔Following the completion of a strategic plan and of program development activities,,
the healthcare facility may find it necessary to alter its physical capacity, to correct code
violations, and to improve functional configuration. To achieve these objectives, the
healthcare facility should:
a. Identify accreditation requirements
b. Identify growth plans for patient, ancillary, and support departments
c. Prepare a master facility plan
d. Prepare a physical facilities assessment - ✔✔c. Prepare a master facility plan
✔✔The primary purpose of a planning task force for a management information system
(MIS) is to:
a. Make recommendations to the governing authority
b. Gather information on data needs in order to effectively evaluate vendors.
c. Reduce the necessity for user feedback
, d. Implement the MIS system of the facility - ✔✔b. Gather information on data needs in
order to effectively evaluate vendors
✔✔Compatibility between data-processing units is necessary EXCEPT when:
a. The costs of individual systems are less than the cost of an integrated system
b. Technological advances are so rapid that obsolescence occurs within a few years
c. Constraints on available space restricts the size of the units that can be installed
d. The information involved is used for discrete freestanding activity. - ✔✔d. The
information involved is used for discrete freestanding activity.
✔✔Accident rates among personnel continue to rise and are distributed among all
departments. What would be your best initial action in finding a comprehensive solution
to this problem?
a. Form a safety committee of key personnel to review reports of all accidents and make
recommendations for corrections
b. Required each department head to analyze his/her department's accidents in order to
determine the causes and find methods of corrections
c. Institute a safety education program by department
d. Recommend that the personnel committee formulate an effective accident-prevention
program - ✔✔a. Form a safety committee of key personnel to review reports of all
accidents and make recommendations for corrections
✔✔If a physician abuses a patient in the healthcare organization, initial corrective action
should be taken by the:
a. Chief of Staff
b. Chief of Service ( department chairman)
c. Nursing unit supervisor
d. CEO - ✔✔b. Chief of Service ( department chairman)
✔✔The most useful way for a healthcare organization to deal with outside regulatory
and credentialing bodies is to:
a. Identify opportunities to influence political outcomes
b. Regularly maintain both formal and informal relationships with these agencies
c. Deal with these agencies only in written form so as to have a clear paper trail
subsequent review and analysis
d. Provide on the minimum amount of information required to comply with the
regulations of the agency - ✔✔b. Regularly maintain both formal and informal
relationships with these agencies
✔✔The cultural climate of an organization affects its recruiting procedure because:
a. It reduces employee turnover and absenteeism
b. Organizations seek applicants whose attitude, values, and goals are consistent with
those of the organization
c. Applicants who cannot support a given culture will be unwilling to work for that
organization
GRADED A+
✔✔One of the techniques most frequently used in industry to aid management in
interpreting a firm's balance sheet is computation of the "acid-test ratio", which is the
ratio of:
a. Current assets to current liabilities
b. total assets to total liabilities
c. cash to short term debt
d. Cash marketable securities, and accounts receivables to current liabilities - ✔✔d.
Cash marketable securities, and accounts receivables to current liabilities
✔✔The primary reason for the decision to move a freestanding voluntary facility to an
investor-owned healthcare organization is:
a. economy of scale
b. access to equity market
c. access to patient
d. improve visibility in the community - ✔✔b. access to equity market
✔✔The purchasing/receiving process is often the weak link in a healthcare
organization's internal control of its inventory. Which one of the following is standard
procedure in preventing problems in this area?
a. The organization should utilize a decentralized process for the control receiving
b. Consolidation of receiving and storeroom functions will decrease the possibility of
collusion
c. Review of the process by internal auditor should be done on a routine basis
d. The principle of dual receiving accountability as a prerequisite for invoice payment
should be enforced - ✔✔d. The principle of dual receiving accountability as a
prerequisite for invoice payment should be enforced
✔✔Following the completion of a strategic plan and of program development activities,,
the healthcare facility may find it necessary to alter its physical capacity, to correct code
violations, and to improve functional configuration. To achieve these objectives, the
healthcare facility should:
a. Identify accreditation requirements
b. Identify growth plans for patient, ancillary, and support departments
c. Prepare a master facility plan
d. Prepare a physical facilities assessment - ✔✔c. Prepare a master facility plan
✔✔The primary purpose of a planning task force for a management information system
(MIS) is to:
a. Make recommendations to the governing authority
b. Gather information on data needs in order to effectively evaluate vendors.
c. Reduce the necessity for user feedback
, d. Implement the MIS system of the facility - ✔✔b. Gather information on data needs in
order to effectively evaluate vendors
✔✔Compatibility between data-processing units is necessary EXCEPT when:
a. The costs of individual systems are less than the cost of an integrated system
b. Technological advances are so rapid that obsolescence occurs within a few years
c. Constraints on available space restricts the size of the units that can be installed
d. The information involved is used for discrete freestanding activity. - ✔✔d. The
information involved is used for discrete freestanding activity.
✔✔Accident rates among personnel continue to rise and are distributed among all
departments. What would be your best initial action in finding a comprehensive solution
to this problem?
a. Form a safety committee of key personnel to review reports of all accidents and make
recommendations for corrections
b. Required each department head to analyze his/her department's accidents in order to
determine the causes and find methods of corrections
c. Institute a safety education program by department
d. Recommend that the personnel committee formulate an effective accident-prevention
program - ✔✔a. Form a safety committee of key personnel to review reports of all
accidents and make recommendations for corrections
✔✔If a physician abuses a patient in the healthcare organization, initial corrective action
should be taken by the:
a. Chief of Staff
b. Chief of Service ( department chairman)
c. Nursing unit supervisor
d. CEO - ✔✔b. Chief of Service ( department chairman)
✔✔The most useful way for a healthcare organization to deal with outside regulatory
and credentialing bodies is to:
a. Identify opportunities to influence political outcomes
b. Regularly maintain both formal and informal relationships with these agencies
c. Deal with these agencies only in written form so as to have a clear paper trail
subsequent review and analysis
d. Provide on the minimum amount of information required to comply with the
regulations of the agency - ✔✔b. Regularly maintain both formal and informal
relationships with these agencies
✔✔The cultural climate of an organization affects its recruiting procedure because:
a. It reduces employee turnover and absenteeism
b. Organizations seek applicants whose attitude, values, and goals are consistent with
those of the organization
c. Applicants who cannot support a given culture will be unwilling to work for that
organization
