NAB EXAM STUDY SET #2 QUESTIONS
WITH CORRECT ANSWERS
What does an income statement or profit and loss statement tell an investor? - answer-it
details operating income and expenses and how efficiently the nha is managing the
facility
What is the purpose of an anticoagulant medication? - answer-it is a blood thinner used
to prevent blood clots and to reduce clots.
What is the main medical condition that would be treated with anti-coagulants? -
answer-cva, tia and strokes
What is a union shop steward? - answer-an employee who works for the company and
is a union member who acts as the local union rep
What is the minimum length of a telephone cord? - answer-29 inches
A current asset or liability must be sold or paid within how many months? - answer-
within 12 months
A non-current asset or liability must be sold or paid within how many months? - answer-
within more than 12 months
What is a physiatrist? - answer-a sports doctor who specializes in musculoskeletal
injuries and works closely with pt & ot
What are the three budgets we work with? - answer-operating, cash and capital
A what are the 2 main strategic budgets we work with? - answer-the operating and
capital budgets
What is the main benefit of a limited liability partnership or limited liability corporation? -
answer-if sued, can only collect against the assets of the partnership or corporation and
not individuals
What is the key to an effective emergency management plan ? - answer-must identify
all potential disasters and dangers that may threaten the facility and plan of action to
address those threats
What is a deposit of money to ensure the performance of an obligation? - answer-a
surety bond or performance bond
A who must be on a surety bond? - answer-the residents and the state
, What is an adl? - answer-an adl is personal care - showering, grooming, eating,
dressing and transferring
What is an instrumental adl? - answer-housekeeping, managing finances by writing
checks, going to doctor appointments, going to the store to buy food, going to the mall
What does hyper mean such as hyperglycemia - hypertension - hyperactivity - answer-
hyper means high or elevated
What does hypo mean? - answer-hypo means low
Overhead expense such as deprecation or insurance are classified as what type of
expense? - answer-indirect expenses - cannot be charged to a particular department
Holding employers responsible for acts of their employees is called ? - answer-
respondent superior
What are 2 other names for respondent superior? - answer-strict liability and vicarious
liability
What is a capital asset or capital expense? - answer-weekend overtime
Planned purchase of physical assets or capital assets is accomplished through which
budget? - answer-a capital budget
What is the impact of the failure to record or account for depreciation? - answer-the
facility will overstate its assets
A minimum wage is imposed by which law? - answer-the fair labor standards act which
requires a federal minimum wage and overtime.
Who enforces the flsa? - answer-the department of labor department
What is a swing bed in a rural hospital? - answer-a hospital in a rural area with 100,000
or fewer people that can swing a bed from acute to sub acute and bill under nursing
home pps rate.
Which medicare program allows a patient to receive skilled care once acute hospital
care is no longer required and they are transferred to a nursing home? - answer-a
patient will transferred from the hospital to a nursing home to be skilled under medicare
part a, sub-acute care.
What is the hazard communication standard under osha? - answer-inform employees of
chemicals in the work place msds or sds)
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