Exam Sample Test (2026)
(TESTING EXAM QUESTIONS)
AND VERIFIED ANSWERS
(MULTIPLE CHOICES) ||A+
GRADED |100% CORRECT!!
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 - 🧠 ANSWER ✔✔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 - 🧠 ANSWER ✔✔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 - 🧠 ANSWER ✔✔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 - 🧠 ANSWER ✔✔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 - 🧠 ANSWER ✔✔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
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, c. decides which personnel are needed in top management
d. establishes guidelines and makes final choices among competing
opportunities - 🧠 ANSWER ✔✔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 - 🧠 ANSWER ✔✔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