TEST QUESTIONS - GOVERNANCE
AND ORG STRUCTURE ACCURATE
100%
The finance committee of the Board is responsible for:
a) Monitoring budget performance
b) Awarding CEO increases and bonuses
c) Acting on behalf of the Board in their absence d) Permitting joint ventures with other
corporations - ANSWERa) Monitoring budget performance
Which of the following should be included in an organization's mission statement?
a) Ethics
b) Services
c) Strategies
d) Facilities - ANSWERb) Services
Regarding the hiring of employees, the Board should be intimately involved ni which of
the following positions:
a) Al management personnel
b) Al employees within the organization
c) The CEO
d) Al clinical personnel - ANSWERc) The CEO
The most critical committee that requires tenured board members is:
a) Audit Committee
b) Finance Committee
c) Nominating Committee
d) Executive Committee - ANSWERc) Nominating Committee
The duty of loyalty requires that:
a) Aboard member discloses al of their assets before becoming a board member
b) Aboard member belongs to as few healthcare organizations as possible
c) A board member refrains from conflicts of interest
d) A board member serves out his/her entire term - ANSWERc) A board member
refrains from conflicts of interest