ACHE FACHE (FACHE)
Governors State University
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BOG Test 1 Exam Questions With Verified Answers
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BOG Test 1 Exam Questions With Verified Answers 
 
For the routine service cost center, an increase in the number of patient days over the budgeted number of patient days will result in: 
 
A higher average cost per patient day. 
A lower average cost per patient day. 
An increase in the budgeted fixed costs for the routine service cost center. 
No change in the average cost per patient day. - ANS B. lower average cost per patient day 
 
Look for explanation 
 
Which of the following balance...
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Board of Governors Examination Online Tutorial Finance Sample Test Questions And Answers
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Board of Governors Examination Online Tutorial Finance Sample Test Questions And Answers 
Net income as a percentage of gross revenues and return on equity are the two most important indicators of: 
a. Profitability 
b. Credit worthiness 
c. Market Strength 
d. Cash Position - ANS A. 
 
When reviewing assets, which element is the most important indication of an organization's liquidity? 
a. Buildings and equipment 
b. Long-term investments 
c. Cash and short-term investments 
d. Land and...
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ACHE BOG Practice Exam Questions And Answers
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ACHE BOG Practice Exam Questions And Answers 
 
# 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 require that healthcare executives change their management philosophy from: 
 
Finding fault with employees to finding problems in processes. 
3 MULTIPL...
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ACHE - BOG Exam - Additional Sample Questions And Answers
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ACHE - BOG Exam - Additional Sample Questions And Answers 
 
 
 
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 organizatio...
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Past Questions From ACHE's Board of Governors Exam Questions And Answers
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Past Questions From ACHE's Board of Governors Exam Questions And Answers 
 
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. - ANS 2. 
 
Which of the following balance sheet items would dif...
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ACHE BOG Sample Test Questions And Answers
- Exam (elaborations) • 40 pages • 2024
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ACHE BOG Sample Test Questions And Answers 
 
 
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 for inspection 
d) make the conflict known to those in superior positions - ANS D 
 
The principles of quality improvement require that executives ch...
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ACHE BOG Exam Sample Test -100 Questions And Answers
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ACHE BOG Exam Sample Test -100 Questions And Answers 
 
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 - ANS d. what the institution would have to pay for a similarly prepared person if that person were employed ...
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FACHE - Governance Practice Exam Questions - From Jet's BOG Study Guide Binder
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FACHE - Governance Practice Exam Questions - From Jet's BOG Study Guide Binder 
The voting rights of "Ex Officio" mbrs is determined by - ANS The By-laws 
 
3 Reasons for sanctions to be brought against mbrs of a governing board - ANS 1) Unreasonable compensation 
2) Revenue based compensation 
3) Participation in bargain sales 
 
The most effective # of mbrs of a BOD is? - ANS 10-15 
 
5 managerial functions of the Board: - ANS 1) Appoint a CEO 
2) Establish Mission/Vision/Values 
3) A...
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FACHE Management & Leadership Questions And Answers
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FACHE Management & Leadership Questions And Answers 
Senior Managers - ANS Establish objective 
Provide Conditions for Success 
Decisions by senior managers have most dramatic results 
Heavily use conceptual skills 
 
Managers at All Levels - ANS Lead by example 
Shape values and culture through decisions 
 
5 Management Functions - ANS Planning 
Organizing 
Controlling 
Directing 
Staffing 
 
Conceptual Skills - ANS ability to think creatively and understand complicated or abstract id...
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FACHE Exam Questions And Answers
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FACHE Exam Questions And Answers 
 
Sarbanes Oxley - 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 - ANS 1993: law requiring covered employers to provide employees with job-protected and unpaid leave for qualified medical family reasons 
 
Purpose of any HCO - ANS to ...
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