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100 Questions With Correct Answers
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CEO //Compensation //should //be //based //on:
a. //the //compensation //arrangement //with //prior //CEO
b. //executive //compensation //in //local //corporations //with //similar //gross //revenues
c. //present //day //salary //plus //cost-of //living //adjustment
d. /
/what /
/the /
/institution /
/would /
/have /
/to /
/pay /
/for //
a/
/similarly /
/prepared /
/person /
/if /
/that /
/person /
/were /
/employed //elsewhere //- //correct //answer(s) //✔✔ //d. //what //the //institution //would //have //to //pay
//for //a //similarly //prepared //person //if //that //person //were //employed //elsewhere
An //essential //function //of //the //governing //board //is //to:
a. //approve //the //mission, //vision, //and //long-range //plan
b. //focus //on //strategic //planning
,c. //prepare //the //operating //plan
d. /
/review /
/the /
/performance /
/of /
/departmental /
/managers //- //correct //answer(s) //✔✔ //a. //approve //the //mission, //vision, //and //long-range //plan
The //key //to //enhancing //board //effectiveness //is:
a. //getting //the //right //people //to //serve //on //the //board
b. //supporting //and //selecting //the //right //CEO
c. //orientating //and //training //the //CEO
d. //organizing //the //board's //work //- //correct //answer(s) //✔✔ //d. //organizing //the //board's //work
Members /
/of /
/the /
/medical /
/staff /
/are /
/eligible /
/for //full //membership //on //the //governing //board //in //the //same //manner //as //other //individuals:
a. //when //not //legally //prohibited
b. //when //they //do //not //actively //practice //in //the //organization
c. //when //they //are //not //full-time //employees
d. /
/if //they //are //not //foreign //nationals //- //correct //answer(s) //✔✔ //a. //when //not //legally //prohibited
The //Chief //Executive //Officer:
a. //is //a //member //of //the //board
,b. //represents //the //board //internally //and //externally
c. //is //not //a //member //of //the //board
d. /
/has //
a/
/contract /
/with /
/the //board //- //correct //answer(s) //✔✔ //b. //represents //the //board //internally //and //externally
Regarding //the //budget, //the //board:
a. //does //not //use //the //budget //exercise //as //a //way //to //improve //quality //and //productivity
b. //gets //involved //in //preparing //budgets //for //all //operational //units
c. //decides //which //personnel //are //needed //in //top //management
d. /
/establishes /
/guidelines /
/and /
/makes /
/final /
/choices /
/among /
/competing /
/opportunities //- /
/correct /
/answer(s) /
/✔✔ //d. //establishes //guidelines //and //makes //final //choices //among //competing //opportunities
The /
/individual /
/or /
/group /
/responsible /
/for /
, /establishing /
/policy, /
/maintaining /
/quality //of //care, //and //providing //for //institutional //management //planning //is //the:
a. //COO
b. //Medical //Staff //Medical //Committee
c. //Governing //Body
d. //CEO //- //correct //answer(s) //✔✔ //c. //Governing //Body
A //correct //statement //regarding //trustee //serving //as //fiduciaries //is //that //they //can:
a. /
/be /
/indicted /
/for /
/alleged /
/theft //of //facility //funds //and //improper //expenditures //of //facility //funds //for //personal //reasons.
b. /
/be /
/released /
/from /
/responsibility /
/by /
/giving /
/the /
/audit /
/committee /
/final /
/authority /
/in //high //risk //areas //of //financial //matters, //without //any //action //by //the //whole //board
c. //be //held //personally //liable //for //wrongful //acts //or //omissions //by //corporate //officers //or //co-
trustees //by //virtue //of //their //position //as //trustees
d. /
/waive /