CHC Practice Test Notes Flashcards
How is Simple Payback calculated
Capital project Cost divided by Savings per year
Which is the following way to determine the financial viability of an energy saving measure?
A) New Present Valve
B) Simple Payback
C) Simple Rate of Return
D) Internal Rate of Return
Simple Payback
Financial Viability of Energy Saving)
What is Net present Valvue (NPV)?
The difference between the present value of cash inflows and the present value of cash outflows
NPV is used in capital budgeting to analyze the profitability of an _______ or ______
investment, project
_______ analysis is sensitive to the reliability of future cash inflows that an investment or project will yield. This is a more advanced decision making tool
NPV
Financial Viability of Energy Saving)
_____ ____ __ ____ shows the amount of time it will take to recover an investment.
It is calculated by dividing the return from the investment by the investment cost
Simple rate of return
Financial Viability of Energy Saving)
Using the Simple Rate of Return method, if one invests $1,000 and receives $150 in the first year of the investment, what is the rate of return?
15%
Financial Viability of Energy Saving)
What is the internal rate of return?
It is similar to the simple rate of return but defines the expected benchmark rate for a go/no go decision on projects.
IRR is the rate of growth a project is expected to generate
IRR is calculated by the condition that the discount rate is set such that the NPV=0 for a project
Which of the following entities requires healthcare institutions to establish an emergency communications plan?
A) The Joint commission
B) The Facility Guidelines Institute
C) The National Fire Protection Association
D) The Center for Disease Control (CDC)
A) The Joint Commission
The Guidelines for Design and Construction of Health Care Facilities does not address an emergency communications plan. True or False?
True. It does not address it
Which of the following is used by hospitals in developing an emergency management plan?
A) Defend-in-Place Analysis
B) Hazard Vulnerability Analysis (HVA)
C) Interim Life Safety Measures (ILSM)
D) Infection Control Risk Mitigation Recommendations (ICRMR)
Hazard Vulnerability Analysis (HVA)
_____ is used by hospitals to assess events that could trigger the emergency operations plan for the organization and the likelihood of those events occuring
HVA (Hazard Vulnerability Analysis )
Defend-in-Place Analysis is part of the ____ ____ for project design
code review
ILSM define alternate measures taken to compensate for ____ deficiencies in the life safety systems
known
Infection Control Risk Mitigation Recommendations (ICRMR) is part of the infection control process _____ construction or maintenance operations
During
According to the ILSM, how often is fire alarm testing required if a temporary system has to be put in place?
Monthly
Who determines that a temporary fire alarm system must be tested monthly?
The Joint Commission
If a unit has a separate CMS provider number, but is being constructed as an addition to the hosital, it be separated by a ___ hour fire barrier and have ____ or metered utilities
2, independent
NFPA 241-2009 requires that construction areas be separated from occupied areas within a non-sprinklered building by a minimum fire-rated barrier of ____ hours
1
The CDC recommends that microbiologic sampling of air, water and inanimate surfaces occur only in which 4 situations
Outbreak Investigation
Research
Microbial Abatement Validation
Infection Control Procedure Evaluation
What is a sentinel event
An unexpected occurence involving death or serious physical or psychological injury, or the risk therof.