FACHE - Governance Practice Exam Questions - From Jet's BOG Study Guide Binder 2024

FACHE - Governance Practice Exam
Questions - From Jet's BOG Study Guide
Binder 2024

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) Approve long range plans and the annual budget
4) Ensure the quality of medical care
5) Monitor performance against plan and budget

3 common board committees - ANS-1) Executive
2) Finance
3) Quality

3 Qualities of the Board Chair - ANS-1) Mentor others on the board
2) Be decisive and move the board to action
3) Cultivate an effective working relationship w/ the CEO

3 things a CEO should do - ANS-1) Be visionary and inspire the board
2) Avoid springing info on the board
3) Communicate effectively and frequently

3 Duties of the BOD - ANS-1) The duty of care
2) The duty of loyalty