Question

In: Accounting

Which of the following is not accurate when describing the governing body of a healthcare organization?...

Which of the following is not accurate when describing the governing body of a healthcare organization?

a) It has legal responsibility for the healthcar organization.

b) Is responsible for hiring all senior administrative staff in the organization.

c) It is usually called the Board of Trustees or Board of Directors

d) It can be held legally liabile for failure to act as a fiduciary.

Solutions

Expert Solution

Which of the following is not accurate when describing the governing body of a healthcare organization?
Answer b) Is responsible for hiring all senior administrative staff in the organization.
Explanation:   The governing body of a healthcare organization is usually called the Board of Trustees or Board of Directors. The role of the board of directors is to hire the CEO or general manager of the organization and assess the overall direction and strategy of the organization. The CEO or general manager is responsible for hiring all of the other employees and overseeing the day-to-day operation of the organization. The board of directors is not responsible for hiring all senior administrative staff in the organization. It can be held legally liabile for failure to act as a fiduciary.

Feel free to ask any clarification, if required. Kindly provide feedback by thumbs up, if satisfied. It will be highly appreciated.
Thank you.


Related Solutions

Which of the following statements is NOT true when describing a proportionate mortality rate? A) When...
Which of the following statements is NOT true when describing a proportionate mortality rate? A) When calculating this measure, all deaths for the period of study are included in the denominator. B) This measure is expressed as a percentage of all deaths. C) This measure is used to describe the proportion of deaths in a defined population that is attributable to a specific cause. D) This measure is used to describe the total number of deaths in a defined population,...
Which of the following statements regarding documents versus eyewitnesses is NOT accurate? a. When faced with...
Which of the following statements regarding documents versus eyewitnesses is NOT accurate? a. When faced with a choice between an eyewitness and a good document as evidence, most fraud experts choose the witness. b. Unlike eyewitnesses, documents are almost always available to the fraud investigator who knows where to find them. c. In today's interconnected financial world, it is nearly impossible to transfer money without creating a document trail. d. Unlike witnesses, documents never tell inconsistent stories on two different...
Which of the following statements is the least accurate?
Which of the following statements is the least accurate?a.Common types of contingent claim derivatives include options and modified versions of swaps, forward contracts and futures contracts.b.An option that gives the right to buy is referred to as a put; an option that gives the right to sell is referred to as a call.c.Asset-backed securities are examples of contingent claims.
Which of the following is an accurate description of tRNA?
Which of the following is an accurate description of tRNA?1-The type of RNA that is translated to produce a peptide or protein.2-The type of RNA that interacts with mRNA and has an amino acid covalently attached.3-None of the other choices is correct.4-The type of RNA that forms part of the protein-synthesizing machinery (i.e. the ribosome) of the cell.5-   The type of RNA that silences gene expression.
Which of the following is NOT accurate about all hormones? Which of the following is NOT...
Which of the following is NOT accurate about all hormones? Which of the following is NOT accurate about all hormones? A) They are produced by endocrine tissue. B) They are transported in the blood. C) They require specific cell surface receptors to turn on cell function. D) They have specific target tissue(s). E) They are produced by ductless glands.
Research about the governing bodies of GAAP and write a 250-word summary for each describing their...
Research about the governing bodies of GAAP and write a 250-word summary for each describing their mission and activities.
Which structural level of organization encompasses the entire body and all levels of organization within it?...
Which structural level of organization encompasses the entire body and all levels of organization within it? What is composed of two or more different types of tissues? The respiratory system transfers oxygen from inhaled air to the blood. What does it transfer from the blood to exhaled air? Which system of the human body breaks down food physically and chemically and absorbs nutrients? Which of the following is a component of the lymphatics system? 1- Epididymides 2- thymus 3- parathyroid...
The Governing Body often looks to the Administrator to find innovations that will improve quality of...
The Governing Body often looks to the Administrator to find innovations that will improve quality of care, quality of life and potentially the bottom line. Use the following link below and read the following posting from the Leading Age Website (the national trade association for not-for profit nursing homes) https://www.health.ny.gov/health_care/medicaid/redesign/mrt8004/docs/why_comfort_matters.pdf How Beatitudes Campus is Spreading Comfort in New York Discuss how the Beatitudes Program is creating innovations that address quality of care, quality of life and improving the bottom-line
What is the role of the HIM (Health Information Manager) in a healthcare organization – when...
What is the role of the HIM (Health Information Manager) in a healthcare organization – when it comes to revenue and finances?
Which of the following statements is accurate?   Select the correct answer below: when the long-run average...
Which of the following statements is accurate?   Select the correct answer below: when the long-run average cost (LRAC) decreases as output increases, a firm is experiencing diseconomies of scale. when the long-run average cost (LRAC) increases as output increases, a firm is experiencing diseconomies of scale. when the long-run average cost (LRAC) increases as output increases, a firm is experiencing economies of scale. when the long-run average cost (LRAC) decreases as output increases, a firm is experiencing constant returns of...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT