ACHE BOG ADDITIONAL SAMPLE
EXPECTED QUESTIONS WITH VERIFIED ANSWERS
Question 1.
One of the techniques most frequently used in industry to aid management in interpreting a firm's
balance sheet is computation of the "acid-test ratio", which is the ratio of:
a. Current assets to current liabilities
b. total assets to total liabilities
c. cash to short term debt
d. Cash marketable securities, and accounts receivables to current liabilities
ANSWER
d. Cash marketable securities, and accounts receivables to current liabilities
Question 2.
When a healthcare organization's goal conflict with the stated position of a professional society, the
professional individual's responsibility is to:
a. Make known the stance of the profession and reconcile the divergent position
b. Enlist the support of professional colleagues to alter the organization's position
c. Support the professional society's position
d. Support the organization's position
ANSWER
...
Question 3.
When an acute healthcare facility is part of a parent-subsidiary type corporation, that facility typically
is:
a. The parent corporation
b. A holding company
c. A member of the association
d. A subsidiary
ANSWER
d. A subsidiary
,Question 4.
The primary reason for the decision to move a freestanding voluntary facility to an investor-owned
healthcare organization is:
a. economy of scale
b. access to equity market
c. access to patient
d. improve visibility in the community
ANSWER
b. access to equity market
Question 5.
Which of the following is the proper term for the healthcare facility development plan?
a. Land use plan
b. Functional Plan
c. Master site plan
d. Strategic plan
ANSWER
c. Master site plan
Question 6.
At this time of restriction and complexity in the healthcare environment, the process of strategic
planning for the healthcare organization requires the organization to develop a plan that:
a. Responds to the healthcare needs of the community
b. Meets the needs of its service area population
c. Is coordinated with the medical staff interests
d. Gives high priority to marketing
ANSWER
a. Responds to the healthcare needs of the community
, Question 7.
To obtain the most objective evaluation of state-of-the -art computer technology, the healthcare
executive should ultimately:
a. Survey local computer users
b. Undertake a literature search
c. Rely upon the in-house management information systems committee
d. Utilize outside experts
ANSWER
d. Utilize outside experts
Question 8.
The purpose of debt-service coverage is to:
a. Determine the payout period
b. Determine the rating of the bonds
c. Protect the investor
d. Establish the rate structure for the patient services
ANSWER
c. Protect the investor
Question 9.
In a sound human resources program, the primary purpose of the job classification system is to?
a. Develop position descriptions for employees
b. Establish a total wage and salary administration program
c. Rank jobs by kind and level of work performed
d. Define an effective organizational structure
ANSWER
c. Rank jobs by kind and level of work performed
EXPECTED QUESTIONS WITH VERIFIED ANSWERS
Question 1.
One of the techniques most frequently used in industry to aid management in interpreting a firm's
balance sheet is computation of the "acid-test ratio", which is the ratio of:
a. Current assets to current liabilities
b. total assets to total liabilities
c. cash to short term debt
d. Cash marketable securities, and accounts receivables to current liabilities
ANSWER
d. Cash marketable securities, and accounts receivables to current liabilities
Question 2.
When a healthcare organization's goal conflict with the stated position of a professional society, the
professional individual's responsibility is to:
a. Make known the stance of the profession and reconcile the divergent position
b. Enlist the support of professional colleagues to alter the organization's position
c. Support the professional society's position
d. Support the organization's position
ANSWER
...
Question 3.
When an acute healthcare facility is part of a parent-subsidiary type corporation, that facility typically
is:
a. The parent corporation
b. A holding company
c. A member of the association
d. A subsidiary
ANSWER
d. A subsidiary
,Question 4.
The primary reason for the decision to move a freestanding voluntary facility to an investor-owned
healthcare organization is:
a. economy of scale
b. access to equity market
c. access to patient
d. improve visibility in the community
ANSWER
b. access to equity market
Question 5.
Which of the following is the proper term for the healthcare facility development plan?
a. Land use plan
b. Functional Plan
c. Master site plan
d. Strategic plan
ANSWER
c. Master site plan
Question 6.
At this time of restriction and complexity in the healthcare environment, the process of strategic
planning for the healthcare organization requires the organization to develop a plan that:
a. Responds to the healthcare needs of the community
b. Meets the needs of its service area population
c. Is coordinated with the medical staff interests
d. Gives high priority to marketing
ANSWER
a. Responds to the healthcare needs of the community
, Question 7.
To obtain the most objective evaluation of state-of-the -art computer technology, the healthcare
executive should ultimately:
a. Survey local computer users
b. Undertake a literature search
c. Rely upon the in-house management information systems committee
d. Utilize outside experts
ANSWER
d. Utilize outside experts
Question 8.
The purpose of debt-service coverage is to:
a. Determine the payout period
b. Determine the rating of the bonds
c. Protect the investor
d. Establish the rate structure for the patient services
ANSWER
c. Protect the investor
Question 9.
In a sound human resources program, the primary purpose of the job classification system is to?
a. Develop position descriptions for employees
b. Establish a total wage and salary administration program
c. Rank jobs by kind and level of work performed
d. Define an effective organizational structure
ANSWER
c. Rank jobs by kind and level of work performed
