SMARTSCORE EXAMS

FACHE WK 3&4 Finance Study Questions 2023 – 2024 Updated Solution Depreciation expense that is calculated in accordance with GAAP using the straight-line method is obtained by: a. Dividing the historical cost of the asset by the number of years of its estimated useful life. b. Dividing the historical cost of the asset by the annual cost of maintaining the asset. c. Dividing the present-day value of the asset by the number of years of its estimated useful life. d. Dividing the histori...

FACHE WK 1 Governance & Organizational Structure 2023 – 2024 Updated Solution The voting rights of "Ex Officio" members is determined by: a) The CEO b) The Board Chair c) The By-laws d) The Governance Committee - CORRECT ANS - C Which of the following is not a reason for sanctions to be brought against members of a governing board? a) Unreasonable compensation b) Revenue based compensation c) Participation in bargain sales d) Assumption of management verses governance role -...

FACHE - Governance Practice Exam Questions - From Jet's BOG Study Guide Binder 2023 Solution The voting rights of "Ex Officio" mbrs is determined by - CORRECT ANS - The By-laws 3 Reasons for sanctions to be brought against mbrs of a governing board - CORRECT ANS - 1) Unreasonable compensation 2) Revenue based compensation 3) Participation in bargain sales The most effective # of mbrs of a BOD is? - CORRECT ANS - 10-15 5 managerial functions of the Board: - CORRECT ANS - 1) App...

FACHE WK2 Human Resources Study Questions Exam 2024 Updated Solution Which of the following is a mandatory bargaining topic? a) Benefits for retired employees b) Performance bonds c) Preferential hiring of union members over non-bargaining unit applicants d) Job descriptions - CORRECT ANS - D. Job Descriptions Performance bonds and benefits for retired employees are voluntary, not mandatory bargaining topics. Also, it is illegal to bargain over preferential hiring of union members. ...

FACHE Healthcare Technology & Information Management Exam Questions 2024 Solution Purpose of Knowledge Management (KM) - CORRECT ANS - to translate the HCO's complete knowledge resource to improvement of strategic performance Healthcare Technology and Information Management is - CORRECT ANS - A massive integration system that supports the entire health system; usually includes patient information, clinic information, Ancillary information, and financial information. Health Informatio...

FACHE Weeks 1-12 Combined Exam Questions 100% Verified Correct 2024 A+ RATED 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 informa...

ACHE FACHE BOG Practice Exam Questions 100% Verified Correct A+ RATED 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 conflict may exist. c. Ensure members submit annual lists of major activities and holdings for inspections. d. Make the confli...

ACHE FACHE Week 1 - 6 Questions 100% Verified Correct A+ RATED 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 requi...

FACHE Exam Questions 100% Verified Correct A+ RATED Sarbanes Oxley - CORRECT ANS - 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 - CORRECT ANS - 1993: law requiring covered employers to provide employees with job-protected and unpaid leave for qualified medical family rea...

ACHE - BOG Exam - Additional Sample Questions 100% Verified Correct A+ RATED 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 ...