accurate solution (detailed & elaborated) Latest Update TEST!!
1. What is the primary role of a healthcare organization's governing board?
A. Daily clinical operations
B. Fiduciary oversight and strategic direction
C. Managing nursing staff
D. Direct patient care
ANSWER: B. Fiduciary oversight and strategic direction
2. The concept of "fiduciary duty" for a board member primarily means:
A. Acting in the best interest of the organization
B. Ensuring high patient satisfaction scores
C. Maximizing employee salaries
D. Focusing solely on community outreach
ANSWER: A. Acting in the best interest of the organization
3. Which committee of the board is typically responsible for reviewing the organization's
financial statements and audit reports?
A. Governance Committee
B. Finance Committee
C. Quality Committee
D. Executive Committee
ANSWER: B. Finance Committee
4. The CEO of a hospital typically reports directly to:
A. The Chief of Staff
B. The Medical Executive Committee
,C. The Governing Board
D. The Chief Nursing Officer
ANSWER: C. The Governing Board
5. What is the purpose of a board self-assessment?
A. To set employee wages
B. To evaluate the board's own performance and effectiveness
C. To assess patient clinical outcomes
D. To review physician credentials
ANSWER: B. To evaluate the board's own performance and effectiveness
6. The "tone at the top" refers to the:
A. Acoustic quality in the boardroom
B. Ethical atmosphere created by the organization's leadership
C. Highest salary paid to an executive
D. Top-line revenue figure
ANSWER: B. Ethical atmosphere created by the organization's leadership
7. A key responsibility of the board in quality oversight is to:
A. Perform root cause analyses on clinical errors
B. Review and monitor quality and patient safety performance data
C. Manage the nursing schedule
D. Directly discipline clinical staff
ANSWER: B. Review and monitor quality and patient safety performance data
8. What is the primary document that outlines the rules and structure for the medical staff's
self-governance?
,A. Corporate Bylaws
B. Medical Staff Bylaws
C. Employee Handbook
D. Strategic Plan
ANSWER: B. Medical Staff Bylaws
9. The process of verifying a physician's qualifications to practice at a hospital is known as:
A. Credentialing and Privileging
B. Interviewing
C. Onboarding
D. Performance Review
ANSWER: A. Credentialing and Privileging
10. The Joint Commission (TJC) requires that the organized medical staff is ultimately
accountable to the:
A. Chief of Surgery
B. Governing Body
C. CEO
D. State Medical Board
ANSWER: B. Governing Body
11. Which board committee would most likely be involved in CEO succession planning?
A. Finance Committee
B. Governance Committee
C. Quality Committee
D. Philanthropy Committee
ANSWER: B. Governance Committee
, 12. A 501(c)(3) not-for-profit hospital board has a responsibility to ensure the organization
provides:
A. Maximum profit for shareholders
B. Community benefit
C. Care only for insured patients
D. Services only within the hospital walls
ANSWER: B. Community benefit
13. The legal concept that protects board members from personal liability for actions taken in
good faith is called:
A. Fiduciary Duty
B. Indemnification
C. The Business Judgment Rule
D. Corporate Negligence
ANSWER: C. The Business Judgment Rule
14. What is a key difference between governance and management?
A. Governance involves day-to-day operations; management sets strategy.
B. Governance sets policy and direction; management implements the operations.
C. There is no significant difference.
D. Governance is for non-profits; management is for for-profits.
ANSWER: B. Governance sets policy and direction; management implements the operations.
15. The document that formally states the hospital's mission, vision, and values is typically
approved by the:
A. Medical Staff
B. Governing Board