ACHE BOG Sample Test| 246 QUESTIONS| WITH COMPLETE SOLUTIONS

ACHE BOG Sample Test| 246 QUESTIONS| WITH COMPLETE SOLUTIONS
Question 1: CEO Compensation should be based on:
a. the compensation arrangement with prior CEO
b. executive compensation in local corporations with similar
gross revenues
c. present day salary plus cost-of living adjustment
d. what the institution would have to pay for a similarly
prepared person if that person were employed elsewhere
d. what the institution would have to pay for a similarly
prepared person if that person were employed elsewhere
CORRECT ANSWER: d. what the institution would have to pay
for a similarly prepared person if that person were employed
elsewhere
Question 2: An essential function of the governing board is to:
a. approve the mission, vision, and long-range plan
b. focus on strategic planning
c. prepare the operating plan
d. review the performance of departmental managers

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