ACHEs Board of Governors Complete Bundle

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...

CEO Compensation should be based on: CORRECT ANSWER 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: CORRECT ANSWER approve the mission, vision, and long-range plan The key to enhan...

c. Implement the mission, strategies and goals established by the governing board CORRECT ANSWER 1) 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 t...

Acid-test ratio CORRECT ANSWER The ratio of total assets to total liability Market Potential CORRECT ANSWER The volume that would be realized if each prospective consumer were to purchase a specific amount of a particular service during a defined future time frame. General Ledger CORRECT ANSWE...

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

The voting rights of "Ex Officio" mbrs is determined by CORRECT ANSWER The By-laws 3 Reasons for sanctions to be brought against mbrs of a governing board CORRECT ANSWER 1) Unreasonable compensation 2) Revenue based compensation 3) Participation in bargain sales The most effective # of mbr...

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. De...