ACHE BOG PRACTICE EXAM QUESTIONS WITH CORRECT AND COMPLETE SOLUTIONS

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 cent...

Sarbanes Oxley - US federal law that set new or expanded requirements for all US public company boards, management and public accounting firms. Cover responsibilities of a public corporation's board of directors, adds criminal penalties and required SEC to create regulations FMLA - 1993: l...

Weighted average cost of capital model (WACC) - Method to measure the costs of various service of capital and the impact of the capital structure Weighted average cost of capital model (WACC) - The relative amount of debt and equity in the capital structure and the cost of WACC source in th...

According to the Code of Ethics, one way executives can avoid or minimize negative implications of conflict of interest is: a) develop a PR plan to address conflict of interest scenarios b) not participate in specific decisions where conflict may exist c) ensure members submit annual holdings fo...

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: a. Develop a public relations plan to address potential conflict-of-interest scenarios. b. Not participate in the specific decision where con...

CEO Compensation should be based on: - 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: - approve the mission, vision, and long-range plan The key to enhancing board effective...

ACHE - EXAM - ADDITIONAL SAMPLE QUESTIONS WITH CORRECT ANSWERS GRADED TO PASS

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: Make the conflict known to those in superior positions. 3 MULTIPLE CHOICE OPTIONS #2 The principles of quality improvement requi...