Fache Governance Practice Exam Questions (From Jet's Bog Study Guide Binder) Complete Solution

FACHE Governance Practice Exam Questions (From Jet's BOG Study Guide Binder) Complete Solution The voting rights of "Ex Officio" mbrs is determined by - The By-laws 3 Reasons for sanctions to be brought against mbrs of a governing board - 1) Unreasonable compensation 2) Revenue based compensation 3) Participation in bargain sales The most effective # of mbrs of a BOD is? - 10-15 5 managerial functions of the Board: - 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 - 1) Executive 2) Finance 3) Quality 3 Qualities of the Board Chair - 1) Mentor others on the board 2) Be decisive and move the board to action 3) Cultivate an effective working relationship w/ the CEO3 things a CEO should do - 1) Be visionary and inspire the board 2) Avoid springing info on the board 3) Communicate effectively and frequently 3 Duties of the BOD - 1) The duty of care 2) The duty of loyalty 3) The duty of disclosure Duty of Loyalty requires Directors to do what? - Conduct be