CPHRM TEST |ACTUAL QUESTIONS AND VERIFIED
ANSWERS|BRAND NEW 2026-2027
UPDATE|GRADED A+
Question 1
Which of the following is NOT a valid reason for selecting a particular defense attorney?
A. Referral from the hospital's Board of Directors
B. The firms track record in malpractice litigation
C. The degree of responsiveness and cooperation with the Risk Mgr
D. The Firms compliance with procedural requirements including the insured's "defense
attorney guidelines"
CORRECT ANSWER
A. Referral from the Board of Directors
Question 2
What type of primary malpractice insurance policy is necessary to purchase "tail"/prior
acts coverage when changing carriers.
A. Excess
B. Umbrella
C. Occurance
D. Claims made
CORRECT ANSWER
D. Claims made
1
@THE STUDY VAULT
, Question 3
Which insurance coverage is designed to protect individuals serving in a governance role
from liability claims arising out of errors in judgment, breach or duty and other wrongful
acts?
CORRECT ANSWER
C. Directors and Officers
Question 4
Which of the following would NOT be considered a sentinel event?
A. Suicide
B. Patient Rape
C. Infant Abduction
D. Medical Record Alteration
CORRECT ANSWER
D. Altering a Medical record is not a Sentinel event.
Sentinel events cause significant injury or death
Question 5
Which of the following should be considered when establishing a Risk Management
Budget?
1. Salaries
2. Office Supplies
3. Job description
2
@THE STUDY VAULT
ANSWERS|BRAND NEW 2026-2027
UPDATE|GRADED A+
Question 1
Which of the following is NOT a valid reason for selecting a particular defense attorney?
A. Referral from the hospital's Board of Directors
B. The firms track record in malpractice litigation
C. The degree of responsiveness and cooperation with the Risk Mgr
D. The Firms compliance with procedural requirements including the insured's "defense
attorney guidelines"
CORRECT ANSWER
A. Referral from the Board of Directors
Question 2
What type of primary malpractice insurance policy is necessary to purchase "tail"/prior
acts coverage when changing carriers.
A. Excess
B. Umbrella
C. Occurance
D. Claims made
CORRECT ANSWER
D. Claims made
1
@THE STUDY VAULT
, Question 3
Which insurance coverage is designed to protect individuals serving in a governance role
from liability claims arising out of errors in judgment, breach or duty and other wrongful
acts?
CORRECT ANSWER
C. Directors and Officers
Question 4
Which of the following would NOT be considered a sentinel event?
A. Suicide
B. Patient Rape
C. Infant Abduction
D. Medical Record Alteration
CORRECT ANSWER
D. Altering a Medical record is not a Sentinel event.
Sentinel events cause significant injury or death
Question 5
Which of the following should be considered when establishing a Risk Management
Budget?
1. Salaries
2. Office Supplies
3. Job description
2
@THE STUDY VAULT