Exam Sample Test Questions With 100% Correct And Verified
Answers 2025/2026
Terms in this set (100)
CEO Compensation should be based d. what the institution would have to pay for a similarly prepared
on: person if that person were employed elsewhere
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
An essential function of the a. approve the mission, vision, and long-range plan
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
The key to enhancing board d. organizing the board's work
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
,Members of the medical staff are a. when not legally prohibited
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
The Chief Executive Officer: b. represents the board internally and externally
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
Regarding the budget, the board: d. establishes guidelines and makes final choices among competing opportunities
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
The individual or group responsible c. Governing Body
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
A correct statement regarding a. be indicted for alleged theft of facility funds and improper
trustee serving as fiduciaries is expenditures of facility funds for personal reasons.
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 their fiduciary
responsibility as a community
organization
Ultimate responsibility for the b. Governing Board
mission statement rests with the:
a. CEO and medical staff
b. Governing Board
c. Community and CEO
d. CEO
, A key reason for choosing board b. of what they can do for the organization
members is because:
a. other board members want to
listen to their opinions.
b. of what they can do for the
organization
c. have high status in the community
c. physicians will listen to them they
can
The bylaws of healthcare c. Composition of the governing board, committee, and officers
organization should include which
of the following?
a. Committee scope and function
b. The privileges of the medical staff
c. The names of the
stockholders in the
organization
c. Composition of the governing
board, committee, and officers
Successful approaches to strategic a. a well-written mission statement, long-range plane, and fiscal plan
planning include: plus the history and discussion surrounding them
a. a well-written mission
statement, long- range plane, and
fiscal plan plus the history and
discussion surrounding them
b. avoidance of high risk decision
c. not paying attention to
competitor's activity
d. using rules and past
experiences as a guide to future
action
The primary challenge facing a b. managing diversification successfully, to guard against expanding
prospector is: too rapidly or into areas they have little knowledge
a. protecting and increasing current
services (product) or market share
through technical efficiency, cost
improvements, or differentiation
strategies
b. managing diversification
successfully, to guard against
expanding too rapidly or into areas
they have little knowledge
Answers 2025/2026
Terms in this set (100)
CEO Compensation should be based d. what the institution would have to pay for a similarly prepared
on: person if that person were employed elsewhere
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
An essential function of the a. approve the mission, vision, and long-range plan
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
The key to enhancing board d. organizing the board's work
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
,Members of the medical staff are a. when not legally prohibited
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
The Chief Executive Officer: b. represents the board internally and externally
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
Regarding the budget, the board: d. establishes guidelines and makes final choices among competing opportunities
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
The individual or group responsible c. Governing Body
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
A correct statement regarding a. be indicted for alleged theft of facility funds and improper
trustee serving as fiduciaries is expenditures of facility funds for personal reasons.
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 their fiduciary
responsibility as a community
organization
Ultimate responsibility for the b. Governing Board
mission statement rests with the:
a. CEO and medical staff
b. Governing Board
c. Community and CEO
d. CEO
, A key reason for choosing board b. of what they can do for the organization
members is because:
a. other board members want to
listen to their opinions.
b. of what they can do for the
organization
c. have high status in the community
c. physicians will listen to them they
can
The bylaws of healthcare c. Composition of the governing board, committee, and officers
organization should include which
of the following?
a. Committee scope and function
b. The privileges of the medical staff
c. The names of the
stockholders in the
organization
c. Composition of the governing
board, committee, and officers
Successful approaches to strategic a. a well-written mission statement, long-range plane, and fiscal plan
planning include: plus the history and discussion surrounding them
a. a well-written mission
statement, long- range plane, and
fiscal plan plus the history and
discussion surrounding them
b. avoidance of high risk decision
c. not paying attention to
competitor's activity
d. using rules and past
experiences as a guide to future
action
The primary challenge facing a b. managing diversification successfully, to guard against expanding
prospector is: too rapidly or into areas they have little knowledge
a. protecting and increasing current
services (product) or market share
through technical efficiency, cost
improvements, or differentiation
strategies
b. managing diversification
successfully, to guard against
expanding too rapidly or into areas
they have little knowledge
