1|Page
BOG FACHE EXAM NEWEST 2025/2026 COMPLETE
230 QUESTIONS AND CORRECT ANSWERS WITH
RATIONALES ||VERIFIED EXAM!! (VERIFIED
ANSWERS) |ALREADY GRADED A+||NEWEST
UPDATE!!!
Medicare Conditions of Participation for hospitals require
that a
prescribing practitioner authenticate a verbal order within
________, if not defined by the state.
a. 24 hours.
b. 48 hours.
c. 7 days.
d. 30 days. - ANSWER-b. 48 hours.
Cost accounting is an important tool which enables the
CFO to:
a. Meet Joint Commission fiscal requirements.
b. Ensure supplies are competitively purchased.
c. Determine the actual cost of providing patient care.
d. Improve revenue cycle returns. - ANSWER-c.
Determine the actual cost of providing patient care.
What is true about the relationship between acute care
hospitals and longterm care organization?
,2|Page
a. Hospitals and patients frequently have difficulty
arranging for nursing home care services.
b. Hospitals generally do not want to refer patients to
nursing homes since part of the patient care revenue must
be shared.
c. Nursing homes generally do not want to refer patients to
hospitals since this interferes with state or federal length-
of stay requirements.
d. Nursing homes are generally thought to be superior to
hospitals at chronic disease management. - ANSWER-a.
Hospitals and patients frequently have difficulty arranging
for nursing home care services.
The first step in any strategic management scenario
planning is to:
a. Develop "what if" scenarios
b. Gather information from as many sources as possible.
c. Develop courses of action that fit within future
organizational resources.
d. Conduct a make vs. buy analysis. - ANSWER-b. Gather
information from as many sources as possible.
Which of the following is the least serious limitation to
decision analysis?
,3|Page
a. Oversimplifying the problem.
b. Inadequate data.
c. The decision maker's values.
d. The statistical model. - ANSWER-d. The statistical
model.
In a unionized organization, what is the most effective
contract dispute resolution finalization alternative?
a. Mediation.
b. Corporate Campaigns.
c. Arbitration.
d. Strike. - ANSWER-c. Arbitration.
What does a liquidity ratio measure?
a. A firm's ability to meet its current obligations in a timely
manner.
b. Size of dividends to be paid to shareholders.
c. The percent of total funds provided by creditors.
d. Days in accounts receivable. - ANSWER-a. A firm's
ability to meet its current obligations in a timely manner.
, 4|Page
The real value of financial statements lies in the fact they
can be used to help:
a. Predict the firm's future financial condition.
b. Compute total margin versus periodic gain.
c. Relate the industry average to net profit/loss over time.
d. Understand that a large portion of a hospitals net
income may come from nonoperating gains. - ANSWER-a.
Predict the firm's future financial condition.
Facing struggles such as declining profit margins,
nonprofit healthcare organizations have become more
dependent on what source for financing capital needs?
a. Philanthropy.
b. Bond financing.
c. Capital leases.
d. Operational leases. - ANSWER-a. Philanthropy.
Health Savings Accounts (HSAs), were established
through which law?
a. Consolidated Omnibus Budget Reconciliation Act
b. Medicare Prescription Drug Improvement and
Modernization Act
BOG FACHE EXAM NEWEST 2025/2026 COMPLETE
230 QUESTIONS AND CORRECT ANSWERS WITH
RATIONALES ||VERIFIED EXAM!! (VERIFIED
ANSWERS) |ALREADY GRADED A+||NEWEST
UPDATE!!!
Medicare Conditions of Participation for hospitals require
that a
prescribing practitioner authenticate a verbal order within
________, if not defined by the state.
a. 24 hours.
b. 48 hours.
c. 7 days.
d. 30 days. - ANSWER-b. 48 hours.
Cost accounting is an important tool which enables the
CFO to:
a. Meet Joint Commission fiscal requirements.
b. Ensure supplies are competitively purchased.
c. Determine the actual cost of providing patient care.
d. Improve revenue cycle returns. - ANSWER-c.
Determine the actual cost of providing patient care.
What is true about the relationship between acute care
hospitals and longterm care organization?
,2|Page
a. Hospitals and patients frequently have difficulty
arranging for nursing home care services.
b. Hospitals generally do not want to refer patients to
nursing homes since part of the patient care revenue must
be shared.
c. Nursing homes generally do not want to refer patients to
hospitals since this interferes with state or federal length-
of stay requirements.
d. Nursing homes are generally thought to be superior to
hospitals at chronic disease management. - ANSWER-a.
Hospitals and patients frequently have difficulty arranging
for nursing home care services.
The first step in any strategic management scenario
planning is to:
a. Develop "what if" scenarios
b. Gather information from as many sources as possible.
c. Develop courses of action that fit within future
organizational resources.
d. Conduct a make vs. buy analysis. - ANSWER-b. Gather
information from as many sources as possible.
Which of the following is the least serious limitation to
decision analysis?
,3|Page
a. Oversimplifying the problem.
b. Inadequate data.
c. The decision maker's values.
d. The statistical model. - ANSWER-d. The statistical
model.
In a unionized organization, what is the most effective
contract dispute resolution finalization alternative?
a. Mediation.
b. Corporate Campaigns.
c. Arbitration.
d. Strike. - ANSWER-c. Arbitration.
What does a liquidity ratio measure?
a. A firm's ability to meet its current obligations in a timely
manner.
b. Size of dividends to be paid to shareholders.
c. The percent of total funds provided by creditors.
d. Days in accounts receivable. - ANSWER-a. A firm's
ability to meet its current obligations in a timely manner.
, 4|Page
The real value of financial statements lies in the fact they
can be used to help:
a. Predict the firm's future financial condition.
b. Compute total margin versus periodic gain.
c. Relate the industry average to net profit/loss over time.
d. Understand that a large portion of a hospitals net
income may come from nonoperating gains. - ANSWER-a.
Predict the firm's future financial condition.
Facing struggles such as declining profit margins,
nonprofit healthcare organizations have become more
dependent on what source for financing capital needs?
a. Philanthropy.
b. Bond financing.
c. Capital leases.
d. Operational leases. - ANSWER-a. Philanthropy.
Health Savings Accounts (HSAs), were established
through which law?
a. Consolidated Omnibus Budget Reconciliation Act
b. Medicare Prescription Drug Improvement and
Modernization Act
