BOG (FACHE) MULTIPLE CHOICE PRACTICE EXAM QUESTIONS AND ANSWERS RATED A.

The method referred to as value analysis is used in inventory control
activities to:
a. Make adequate substitutions for requisitioned items.
b. Reduce the quantity of items issued to the various departments.
c. Reduce cost without impairing functional efficiency.
d. Relate quantity and quality of items.
Verified Answer -c. Reduce cost without impairing functional efficiency.
Under generally accepted accounting standards, bad debts are reported as
a/an:
a. Operating expense.
b. Deduction from net revenue.
c. Contractual allowance.
d. Deduction from gross revenue.
Verified Answer -a. Operating expense.
Incident reports should be initiated by:
a. A member of the medical/professional staff or by any employee.
b. Any person with direct patient-care responsibilities.
c. The department director or supervisor.
d. The risk manager/quality assurance coordinator.
Verified Answer -a. A member of the medical/professional staff or by any
employee.