ACHE FACHE BOG Governance and Org Structure Test with All Correct & 100% Verified Answers| Updated to Pass

ACHE FACHE BOG Governance and Org Structure Test
with All Correct & 100% Verified Answers| Updated to
Pass

1) 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 ✔Correct Answer-a. Monitoring budget
performance



2) Which of the following should be included in an organization's mission statement?

a. Ethics

b. Services

c. Strategies

d. Facilities ✔Correct Answer-b. Services



3) The duty of loyalty requires that:

a. A board member discloses all of their assets before becoming a board member

b. A board 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 ✔Correct Answer-c. A board member refrains
from conflicts of interest



4) The CEO of a hospital reports to the:

a. Board chair

b. The executive committee of the board

c. The compensation and evaluation committee of the board

d. The entire board ✔Correct Answer-d. The entire board



5) The danger of having a large board (> 17) is: