Governors State University

1. For the routine service cost center, an increase in the number of patient days over the budgeted number of patient days will result in: 1. A higher average cost per patient day. 2. A lower average cost per patient day. 3. An increase in the budgeted fixed costs for the routine service cost center. 4. No change in the average cost per patient day.: 2. 2. Which of the following balance sheet items would differ between a for-prof- it and a not-for-profit healthcare organization? 1. Ret...

1. 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: d. what the institution would have to pay for a similarly prepared person if that person were employed elsewhere 2. An essential function of the governing board is t...

The purpose of management in a healthcare organization is to: a. Oversee appointment of competent medical staff to render care for the service area b. Appoint an effective governing board based on the wishes of the medical staff c. Implement the mission, strategies and goals established by the governing board d. Implement stakeholder wishes on the future direction the organization should take: c. Implement the mission, strategies and goals established by the governing board 2. 2) An effecti...

1. Personality tests in which the test stimulus and/or required response are ambiguous are called a. projective personality tests. b. structured personality tests. c. unstructured personality tests. d. achievement personality tests. 2. The most controversial and misunderstood psychological tests are a. group tests. b. achievement tests. c. objective personality tests. d. projective personality tests. 3. What are the content types of the Rorschach? a. positive and negative c. natu...

Personality tests in which the test stimulus and/or required response are ambiguous are called a. projective personality tests. b. structured personality tests. c. unstructured personality tests. d. achievement personality tests. 2. The most controversial and misunderstood psychological tests are a. group tests. b. achievement tests. c. objective personality tests. d. projective personality tests. 3. What are the content types of the Rorschach? a. positive and negative c. nature a...

Definition and Rule of Inurement Correct Answer: - Diversion of funds to persons in governance or mgt as a result of their position of trust - Directors, officers, trustees are prohibited from engaging in business that allows them to derive financial advantage from their governing board role (conflict of interest) What is a best practice (as far as how soon in days) in receiving payments from date of invoice? Correct Answer: Less than 50 days Definition of working capital Correct Answer...

Health Insurance Portability & Accountability Act (HIPAA) is a Federal Law designed to facilitate the electronic exchange of information in health care. Which of the following does not pertain to this law? a) Privacy protection components of the law limit non-consensual use as a release or private health information b) Patients must receive notice of privacy rights c) Restrictions on access to and use of information is required d) Criminal and civil sanctions do not exist for improper use an...

FACHE - Governance Practice Exam Questions - From Jet's BOG Study Guide Binder

The interpretation of the healthcare organization's role with respect to healthcare values would require: a. Establishing corporate goals and major institutional policies b. Ensuring that the community served by the facility is well informed about the organization's goals and performances c. Developing a mission statement indicating the organization's fundamental purpose or reason for existence, in order to guide organizational behavior d. Creating a corporate vision of the organization'...

All of the following are commonly recognized to be a right of each patient, except: a. The right to considerate and respectful care b. The right to receive a reasonable response to his/her requests c. The right to communicate with a caregiver in the language of the patients choosing d. For dying patients, the right to receive pain management. Correct Answer: C. Insurance companies and other payers have introduced pre-admission certification for elective hospital stays in order to...