c c c c c c c
QUESTIONS AND CORRECT SOLUTIONS
c c c c
2027/2028 (ALREADY GRADED A+)
c c c c
CEO cCompensation cshould cbe cbased con:
a. the ccompensation carrangement cwith cprior cCEO
b. executive ccompensation cin clocal ccorporations cwith csimilar cgross crevenues
c. present cday csalary cplus ccost-of cliving cadjustment
d. what cthe cinstitution cwould chave cto cpay cfor ca csimilarly cprepared cperson cif cthat
cperson cwere cemployed celsewhere c- cANSWER-d. cwhat cthe cinstitution cwould chave
cto cpay cfor ca csimilarly cprepared cperson cif cthat cperson cwere cemployed celsewhere
An cessential cfunction cof cthe cgoverning cboard cis cto:
a. approve cthe cmission, cvision, cand clong-range cplan
b. focus con cstrategic cplanning
c. prepare cthe coperating cplan
d. review cthe cperformance cof cdepartmental cmanagers c- cANSWER-a. capprove
cthe cmission, cvision, cand clong-range cplan
The ckey cto cenhancing cboard ceffectiveness cis:
a. getting cthe cright cpeople cto cserve con cthe cboard
b. supporting cand cselecting cthe cright cCEO
c. orientating cand ctraining cthe cCEO
d. organizing cthe cboard's cwork c- cANSWER-d. corganizing cthe cboard's cwork
Members cof cthe cmedical cstaff care celigible cfor cfull cmembership con cthe cgoverning
cboard cin cthe csame cmanner cas cother cindividuals:
a. when cnot clegally cprohibited
b. when cthey cdo cnot cactively cpractice cin cthe corganization
c. when cthey care cnot cfull-time cemployees
d. if cthey care cnot cforeign cnationals c- cANSWER-a. cwhen cnot clegally cprohibited
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,The cChief cExecutive cOfficer:
a. is ca cmember cof cthe cboard
b. represents cthe cboard cinternally cand cexternally
c. is cnot ca cmember cof cthe cboard
d. has ca ccontract cwith cthe cboard c- cANSWER-b. crepresents cthe cboard cinternally
cand cexternally
Regarding cthe cbudget, cthe cboard:
a. does cnot cuse cthe cbudget cexercise cas ca cway cto cimprove cquality cand cproductivity
b. gets cinvolved cin cpreparing cbudgets cfor call coperational cunits
c. decides cwhich cpersonnel care cneeded cin ctop cmanagement
d. establishes cguidelines cand cmakes cfinal cchoices camong ccompeting copportunities
c- cANSWER-d. cestablishes cguidelines cand cmakes cfinal cchoices camong ccompeting
copportunities
The cindividual cor cgroup cresponsible cfor cestablishing cpolicy, cmaintaining cquality cof
ccare, cand cproviding cfor cinstitutional cmanagement cplanning cis cthe:
a. COO
b. Medical cStaff cMedical cCommittee
c. Governing cBody
d. CEO c- cANSWER-c. cGoverning cBody
A ccorrect cstatement cregarding ctrustee cserving cas cfiduciaries cis cthat cthey ccan:
a. be cindicted cfor calleged ctheft cof cfacility cfunds cand cimproper cexpenditures
cof cfacility cfunds cfor cpersonal creasons.
b. be creleased cfrom cresponsibility cby cgiving cthe caudit ccommittee cfinal cauthority
cin chigh crisk careas cof cfinancial cmatters, cwithout cany caction cby cthe cwhole cboard
c. be cheld cpersonally cliable cfor cwrongful cacts cor comissions cby ccorporate cofficers
cor cco-trustees cby cvirtue cof ctheir cposition cas ctrustees
d. waive ctheir cfiduciary cresponsibility cas ca ccommunity corganization c- cANSWER-
a. cbe cindicted cfor calleged ctheft cof cfacility cfunds cand cimproper cexpenditures cof
cfacility cfunds cfor cpersonal creasons.
Ultimate cresponsibility cfor cthe cmission cstatement crests cwith cthe:
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, a. CEO cand cmedical cstaff
b. Governing cBoard
c. Community cand cCEO
d. CEO c- cANSWER-b. cGoverning cBoard
A ckey creason cfor cchoosing cboard cmembers cis cbecause:
a. other cboard cmembers cwant cto clisten cto ctheir copinions.
b. of cwhat cthey ccan cdo cfor cthe corganization
c. have chigh cstatus cin cthe ccommunity
c. cphysicians cwill clisten cto cthem cthey ccan c- cANSWER-b. cof cwhat cthey ccan cdo cfor
cthe corganization
The cbylaws cof chealthcare corganization cshould cinclude cwhich cof cthe cfollowing?
a. Committee cscope cand cfunction
b. The cprivileges cof cthe cmedical cstaff
c. The cnames cof cthe cstockholders cin cthe corganization
c. cComposition cof cthe cgoverning cboard, ccommittee, cand cofficers c- cANSWER-c.
cComposition cof cthe cgoverning cboard, ccommittee, cand cofficers
Successful capproaches cto cstrategic cplanning cinclude:
a. a cwell-written cmission cstatement, clong-range cplane, cand cfiscal cplan cplus
cthe chistory cand cdiscussion csurrounding cthem
b. avoidance cof chigh crisk cdecision
c. not cpaying cattention cto ccompetitor's cactivity
d. using crules cand cpast cexperiences cas ca cguide cto cfuture caction c- cANSWER-a. ca
cwell-written cmission cstatement, clong-range cplane, cand cfiscal cplan cplus cthe
chistory cand cdiscussion csurrounding cthem
The cprimary cchallenge cfacing ca cprospector cis:
a. protecting cand cincreasing ccurrent cservices c(product) cor cmarket cshare
cthrough ctechnical cefficiency, ccost cimprovements, cor cdifferentiation cstrategies
b. managing cdiversification csuccessfully, cto cguard cagainst cexpanding ctoo crapidly
cor cinto careas cthey chave clittle cknowledge
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