Governors State University
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1.	According to ACHE's Code of Ethics, one way that healtcare executives can avoid or minimoze the negative implications of conflict of interest: Make the conflict known to those in superior positions 
2.	The principles of quality improvement require that healthcare exectutive change their management philosophy from: Finding fault with employees to finding problems in processes 
3.	What type of problems arises when a healthcare executive knowingly allows the organization to continue double bill...
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'...