Study Guide | Actual Exam Questions &
Correct Answers (Verified Detailed
Quiz_________________?
# 1 According to the ACHE's Code of Ethics, one way that healthcare executives can avoid
or minimize the negative implications of conflict of
interest is to: -
Answer✅
Make the conflict known to those in superior positions.
Quiz_________________?
#10 The central role of the health services organization board includes all of the following
except: -
Answer✅
Support in managing important service programs or departments.
Quiz_________________?
#100 Health Savings Accounts (HSAs), were established through which law? -
Answer✅
Medicare Prescription Drug Improvement and Modernization Act
Quiz_________________?
#101 The only law that mandates a particular type of payment for time not worked. -
1
, Answer✅
FMLA.
Quiz_________________?
#102 Which position is included in the NRLB Bargaining rules? -
Answer✅
Pharmacists.
Quiz_________________?
#103 One method for evaluating relative value of different jobs is: -
Answer✅
Benchmarking.
Quiz_________________?
#104 When discharging a patient from a hospital, the institution can be held liable: -
Answer✅
For abandoning the patient if the patient is in need of further medical care.
Quiz_________________?
#105 Under the Emergency Medical Treatment and Active Labor Act (EMTALA): -
Answer✅
Originated due to concerns of patient dumping.
Quiz_________________?
#106 Which of the following health maintenance organization models exerts maximum
control over physician providers? -
Answer✅
Closed panel.
2
, Quiz_________________?
#107 What is generally prohibited by Stark II Laws? -
Answer✅
A physician referring a patient to a service owned by the physician.
Quiz_________________?
#108 Under HIPAA, Congress required the Secretary of HHS to adopt standards to: -
Answer✅
Provide for standard data elements and code sets.
Quiz_________________?
#109 Which is the Shewhart process for performance improvement? -
Answer✅
Plan, do, check, act.
Quiz_________________?
#11 The first role of the governing body is to: -
Answer✅
Set objectives and develop policy to guide the organization in achieving its mission.
Quiz_________________?
#110 Which of the following are parts of the dimensions of the strategic balanced
scorecard? -
Answer✅
Financial performance.
Quiz_________________?
3
, #111 The CEO of a 125-bed hospital realizes that her hospital is surrounded by three
similar institutions and determines that her institution has no competitive advantage. Which
strategy should she pursue? -
Answer✅
Prioritize market segments and heavily promote to key groups.
Quiz_________________?
#112 If the average daily census on an inpatient medical surgical unit is 19, and the
productive hours per patient day target is 7.2, and the productive percentage calculation is
8.5, how many fulltime equivalents (FTEs) should be budgeted for the productive core
staffing? -
Answer✅
24.
Quiz_________________?
#113 What in the revenue cycle process is a major impediment to prompt payment? -
Answer✅
Claim denial.
Quiz_________________?
#114 When evaluating capital budgeting performance, what is the best indicator of operating
leverage? -
Answer✅
Expense ratio.
Quiz_________________?
#115 An analysis of proposed capital investment typically includes all of the following except:
-
Answer✅
Liquidity ratio.
4
Correct Answers (Verified Detailed
Quiz_________________?
# 1 According to the ACHE's Code of Ethics, one way that healthcare executives can avoid
or minimize the negative implications of conflict of
interest is to: -
Answer✅
Make the conflict known to those in superior positions.
Quiz_________________?
#10 The central role of the health services organization board includes all of the following
except: -
Answer✅
Support in managing important service programs or departments.
Quiz_________________?
#100 Health Savings Accounts (HSAs), were established through which law? -
Answer✅
Medicare Prescription Drug Improvement and Modernization Act
Quiz_________________?
#101 The only law that mandates a particular type of payment for time not worked. -
1
, Answer✅
FMLA.
Quiz_________________?
#102 Which position is included in the NRLB Bargaining rules? -
Answer✅
Pharmacists.
Quiz_________________?
#103 One method for evaluating relative value of different jobs is: -
Answer✅
Benchmarking.
Quiz_________________?
#104 When discharging a patient from a hospital, the institution can be held liable: -
Answer✅
For abandoning the patient if the patient is in need of further medical care.
Quiz_________________?
#105 Under the Emergency Medical Treatment and Active Labor Act (EMTALA): -
Answer✅
Originated due to concerns of patient dumping.
Quiz_________________?
#106 Which of the following health maintenance organization models exerts maximum
control over physician providers? -
Answer✅
Closed panel.
2
, Quiz_________________?
#107 What is generally prohibited by Stark II Laws? -
Answer✅
A physician referring a patient to a service owned by the physician.
Quiz_________________?
#108 Under HIPAA, Congress required the Secretary of HHS to adopt standards to: -
Answer✅
Provide for standard data elements and code sets.
Quiz_________________?
#109 Which is the Shewhart process for performance improvement? -
Answer✅
Plan, do, check, act.
Quiz_________________?
#11 The first role of the governing body is to: -
Answer✅
Set objectives and develop policy to guide the organization in achieving its mission.
Quiz_________________?
#110 Which of the following are parts of the dimensions of the strategic balanced
scorecard? -
Answer✅
Financial performance.
Quiz_________________?
3
, #111 The CEO of a 125-bed hospital realizes that her hospital is surrounded by three
similar institutions and determines that her institution has no competitive advantage. Which
strategy should she pursue? -
Answer✅
Prioritize market segments and heavily promote to key groups.
Quiz_________________?
#112 If the average daily census on an inpatient medical surgical unit is 19, and the
productive hours per patient day target is 7.2, and the productive percentage calculation is
8.5, how many fulltime equivalents (FTEs) should be budgeted for the productive core
staffing? -
Answer✅
24.
Quiz_________________?
#113 What in the revenue cycle process is a major impediment to prompt payment? -
Answer✅
Claim denial.
Quiz_________________?
#114 When evaluating capital budgeting performance, what is the best indicator of operating
leverage? -
Answer✅
Expense ratio.
Quiz_________________?
#115 An analysis of proposed capital investment typically includes all of the following except:
-
Answer✅
Liquidity ratio.
4
