NAB NHA Exam- Leadership and Management 2023 Questions and Answers with complete solution

Governing Body - CORRECT ANS REQUIRED by CMS, whether sole proprietorship, partnership, or corporation corporations - CORRECT ANS are required by state to have Articles of Incorporation that specify officers, board, membership. closely held corporation - CORRECT ANS less shareholders, most are 5 or less, less formal organization. Public Corporation - CORRECT ANS many shareholders, very structured, bylaws make up - CORRECT ANS may be one person or many - there is not typical board structure in NFs Duties of Corp - CORRECT ANS Mission Statement - what facility is to do (major duty)|Board establishing measurable goas|Employ agent (NHA). Required by CMS|Establishing and implementing policies and procedures. CMS says legally responsible for operations|Approve budget|Evaluate administrator's mangement|Board does not get into day-to-day operations Bylaws - CORRECT ANS mostly by corporations. Rules to govern corporation itself. Not too specific. Tells WHAT cop oration will do.Includes duties of Board, officers, committees. Prepared by corporate members. Used as basis for writing policies and procedures for each unit of corp. Tells HOW activities to be carried out. Usually prepared by administrator, and approved by board. Governing body/administrator relationship - CORRECT ANS NHA only person reporting directly to GB, usually through the chain of command, e.g. regional director, VP of operations, etc. Represents his/her staff in best light-accurate, objective, factual. Reports to GB as requested - census, personnel, financial reports, regulation changes. (keep fully informed, otherwise grapevine gets to them.) Directives/policies/procedures .| - CORRECT ANS of GB interpreted properly, whether agree or not. Let Employees gripe, but support GB GB listen - CORRECT ANS to employee complaints but refer them to supervisor or NHA. Inform NHA Role confusion - - CORRECT ANS GB members usually successful in another field. Not have same, clearly defined solutions Duty of obedience partnership - CORRECT ANS partner owes his partners a duty to act in obedience to the partnership agreement on all business decisions. Personally liable if does not. Corporation - CORRECT ANS Directors and officers must act within the authority granted them - usually in bylaws and articles of incorporation. Can be held liable for any unauthorized actions. duty of diligence - CORRECT ANS Partners, board members, and administrators must discharge duties in good faith, with care and prudence, i manner she/he believes is inbest interest of organization. Adminstrtaor must exercise knowledge and skill he/she professes to have as a licensee. Management - CORRECT ANS Creating and maintaing an environment within an organization that makes it possible for staff to work together toward common goals. Getting work done with and through others.