ACHE BOG Exam Sample Test -100 Questions Latest Update 2025-2026 100 Questions and 100% Verified Correct Answers Guaranteed A+
A correct statement regarding trustee serving as fiduciaries is that they can:
- be indicted for alleged theft of facility funds and improper expenditures of facility
- be released from responsibility by giving the audit committee final authority in high
- be held personally liable for wrongful acts or omissions by corporate officers or co-
- waive their fiduciary responsibility as a community organization - CORRECT
funds for personal reasons.
risk areas of financial matters, without any action by the whole board
trustees by virtue of their position as trustees
ANSWERS: a. be indicted for alleged theft of facility funds and improper expenditures of facility funds for personal reasons.
A facility maintenance program will be most effective if:
- request for service are satisfied promptly.
- reliability, safety and efficient operation guide the plan's design
- system failures occur rarely
- backup plans exist for major system - CORRECT ANSWERS: b. reliability, safety and
efficient operation guide the plan's design
A joint venture laboratory owned by a hospital and physicians on its medical staff would
probably be a violation of fraud and abuse law if it were to:
- market its services to both investors and non-investors
- offer ownership shares at the same price toe referrers and non-referrers
- required investors to refer business to it
- base its profit distribution on the amount of capital contribution, not on referrals -
CORRECT ANSWERS: c. required investors to refer business to it 1 / 3
A key reason for choosing board members is because:
- other board members want to listen to their opinions.
- of what they can do for the organization
- have high status in the community
- physicians will listen to them they can - CORRECT ANSWERS: b. of what they can
do for the organization
A non-legitimate reason to release information from a patient's medical record is when:
- subpoenaed by a court order
- requested by the spouse or next of kin
- the patient becomes incompetent
- reporting statistics for a research project - CORRECT ANSWERS: b. requested by
the spouse or next of kin
A positive net present value indicates that the investment has a rate of return:
- decision on which of the proposed capital projects will be funded
- lower than the discount rate used in the calculation
- equal to the discounted rate used in the calculation
- equal to the accounting profit averaged over the life of the investment. - CORRECT
ANSWERS: a. decision on which of the proposed capital projects will be funded
A stop-gap measure that a health service might use to manage intergroup conflict,
which allows people to cool down and regain perspective, is:
- smoothing
- bargaining
- integrative problem solving
- appealing to superordinate goals - CORRECT ANSWERS: a. smoothing 2 / 3
A system for providing reward for improvement in productivity should:
- be group based to reinforce teamwork and cooperation
- focus on nonfinancial rewards only
- be integrated into the organization's employee appraisal system
- focus on both nonfinancial and financial rewards. - CORRECT ANSWERS: d. focus
on both nonfinancial and financial rewards
A technique used to shorten the in-house processing time of the accounts receivable
cycle is a:
- "lock-box" agreement
- line of credit arrangement
- minimum balance agreement
d. shorten write-off date - CORRECT ANSWERS: a. "lock-box" agreement
A weighted average cost of capital is the:
- accounting cost to the organization of producing all required returns to capital
- economic cost to the organization of producing all required returns to capital
- weighted average required rate of return adjusted downward in accordance with
- correct discount rate valuing total cash flows received by equity suppliers -
GAAP
CORRECT ANSWERS: b. economic cost to the organization of producing all required
returns to capital
All of the following are commonly recognized to be right of each patient EXCEPT the
right to:
- received considerate and respectful care
- access protective services
- communicate with caregiver in the language the patient's choosing
- / 3