Fache human resources Study guides, Class notes & Summaries

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. ...

ACHE BOG FACHE - HC Finance QUESTIONS WITH COMPLETE SOLUTIONS Definition and Rule of Inurement ANS-- 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? ANS-Less than 50 days Definit...

ACHE BOG FACHE - HC Finance QUESTIONS WITH COMPLETE SOLUTIONS Definition and Rule of Inurement ANS-- 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? ANS-Less than 50 days Definit...

FACHE - HC Finance Exam Questions and Answers Latest Update Graded 100%. Definition and Rule of Inurement - 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? Less than 50 days Defi...

FACHE Exam - Human Resources Questions and Answers

FACHE Board of Governor’s Finance Exam Questions and Answers Updated Graded 100%. Definition of working capital Amount of cash required to support operations - for the period of delay in collecting revenue. 5 Financial Mgt functions that are essential for survival 1) Financial planning 2) Pricing 3) Mgt of long term capital 4) Mgt of short term assets & liabilities 5) Multiple corporate acct Relation of Finance to the Governing Board The finance system relates directly to the gov'n...

FACHE Board of Governor’s Exam Questions and Answers Latest Update 2024 (Graded A+) Definition of working capital Amount of cash required to support operations - for the period of delay in collecting revenue. 5 Financial Mgt functions that are essential for survival 1) Financial planning 2) Pricing 3) Mgt of long term capital 4) Mgt of short term assets & liabilities 5) Multiple corporate acct Relation of Finance to the Governing Board The finance system relates directly to the gov'...

FACHE Board of Governor’s Practice Exam Questions With Answers Latest Update 2023/2024 Graded A+. 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 inspecti...

FACHE HC Finance Exam Questions and Answers Latest Updated Graded A+. What 4 budgets comprise a financial budget? 1) Income & expense budget 2) Budgeted financial statements 3) Cash flow budget 4) Capital & new program budget Definition of Financial Budget Expectation of future financial performance What does Activity-Based Costing (ABC) promote? Control of services, the use of make or buy (in-source or out-source) decisions, and improvement of processes that cross several accountabili...

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 - 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. With employee participation in an organization, all of the following promote productivity...