NAB Exams Bundle A+

NAB: Finance (19 questions) Exam Questions With Correct Answers A+ Why should the administrator get the department heads involved in the budget-making process? - AnswerTo obtain more accurate cost estimates and more control over costs A change in this is not likely to be the cause of a budget va...

NAB – Finance Exam Questions With Correct Answers A+ Acid test ratio - Answercash + accounts receivables + money market account / current liabilities working capital - Answer= current assets - current liabilities which is the BEST method of quickly increasing a facility's cash position? - ...

NAB – Finance Exam Questions With Correct Answers A+ Participatory Budgets - AnswerED has supervisor prepare budgets for their own dept. Allows participation and those to stay within budget b/c of their awareness. Nonoperating Revenues include: - AnswerDonations, Interest Income, Borrowed Fund...

NAB Finance Exam Questions With Correct Answers A+ Fastest growing population - Answer85 and over. Overall occupancy rate nationwide - Answerless than 83% What drives revenue? - AnswerCensus What percent does Med A reimburse? - Answer14% What program pays for 57% of stays? - AnswerMedicaid Th...

NAB Finance Exam Questions With Correct Answers A+ Why should an administrator get department heads involved in the budget making process? - AnswerTo obtain more accurate cost estimates and control over costs. A change in __________________ is not likely to be the cause of a budget variance. - ...

NAB: Finance Exam Questions With Correct Answers A+ The administrator applies a discount (capitalization) rate to future payments(s), sometimes known as the "discounted cash flow method" to estimate the fair market value of a potential investment. He/she is calculating ______ value. Selec...

NAB 11 Exam Questions With Correct Answers A+ 1. A ______ can serve as the activity director of a nursing home. 1. Don 2. Professional social worker 3. Occupational therapist 4. Physical therapist - AnswerOccupational therapist 1. Which of the following contains guidelines for the determinati...

NAB Practice Exam Questions With Correct Answers A+ Who is responsible for the national licensure examination for nursing home administrators? A. NHAP B. CAHF C. NAB D. PES - AnswerC. NAB What is the crucial element for doing well on the examination? A. Sound knowledge of federal regs. B. S...

NAB Practice Test Exam Questions With Correct Answers A+ If there is a fire, which of the following is in charge until the fire department arrives? 1) the senior maintenance staff member on duty 2) the head of nursing 3) the highest-ranking employee in the facility 4) the head of the Safety Co...

NAB 1 Exam Questions With Correct Answers A+ A resident was admitted to a facility on November 10. The comprehensive assessment was completed on November 27th. Per OBRA 1987, the comprehensive assessment was completed _______. 1. Late 2. Timely 3. Within the grace period 4. In accordance wit...

NAB Exam Questions With Correct Answers A+ In the event of a medication error, who should be notified first? - AnswerThe Attending Physician and then the Licensed Prescriber. Consistent assignment allows staff to: - AnswerWork together, develop relationships, and develop a sense of team. Medic...

NAB Study Guide Questions With Correct Answers A+ Education and training programs. - AnswerTo obtain more accurate cost estimates and more control over costs (participatory budget making process - others are more likely to consider the budget legitimate). A change in which one of the following ...

NAB Exam Questions With Correct Answers A+ A resident was admitted to a facility on November 10th. The comprehensive assessment was completed on November 27th. Per OBRA 1987, the comprehensive assessment was completed __________________. 1. Late 2. Timely 3. Within grace period 4. In accorda...

Nab Exam Questions With Correct Answers A+ Which federal law provide funds for the medical care of the aged poor? A.) social security act of 1935 B.) Kerr-Mills act of 1960 C.) Hill-Burton act of 1960 D.) Rehabilitation act 1973 - AnswerB.) Kerr-Mils act of 1960 ADL activities of daily living...