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NMLS FINAL EXAM 2024-2025| LATEST UPDATE| ULTIMATE SOLUTION
NMLS FINAL EXAM | LATEST UPDATE| ULTIMATE 
SOLUTION 
Who is responsible for ensuring that the Closing Disclosure is delivered to the consumer? 
A.The creditor 
B.The loan processor 
C.The consumer 
D. The CFPB - CORRECT ANSWER A. the creditor 
 
Which law restricts the sharing of information given when a consumer applies for a mortgage loan? 
A. Fair Credit Reporting Act 
B. FTC Disposal Rules 
C. Gramm-Leach-Bliley Act 
D. Consumer Regulatory Protection Act - CORRECT ANSWER C. Gramm-Leach-Bli...
- Exam (elaborations)
- • 20 pages •
NMLS FINAL EXAM | LATEST UPDATE| ULTIMATE 
SOLUTION 
Who is responsible for ensuring that the Closing Disclosure is delivered to the consumer? 
A.The creditor 
B.The loan processor 
C.The consumer 
D. The CFPB - CORRECT ANSWER A. the creditor 
 
Which law restricts the sharing of information given when a consumer applies for a mortgage loan? 
A. Fair Credit Reporting Act 
B. FTC Disposal Rules 
C. Gramm-Leach-Bliley Act 
D. Consumer Regulatory Protection Act - CORRECT ANSWER C. Gramm-Leach-Bli...
NMLS EXAM 2024-2025| LATEST UPDATE| ULTIMATE SOLUTION
NMLS EXAM | LATEST UPDATE| ULTIMATE 
SOLUTION 
What law deals with credit, APR & advertising of consumer loans? - ANSWER 
TILA/REGULATION Z 
 
Which regulation prohibits kickbacks? - ANSWER RESPA 
 
Which regulations requires the lender to cancel PMI when the loan reaches 78% LTV? - ANSWER 
HPA - Homeowners Protection Act 
 
Which regulation prohibits fee splitting? - ANSWER RESPA 
 
Regulation X is the letter used to describe which Law? - ANSWER RESPA 
 
RESPA is the acronym used to des...
- Exam (elaborations)
- • 20 pages •
NMLS EXAM | LATEST UPDATE| ULTIMATE 
SOLUTION 
What law deals with credit, APR & advertising of consumer loans? - ANSWER 
TILA/REGULATION Z 
 
Which regulation prohibits kickbacks? - ANSWER RESPA 
 
Which regulations requires the lender to cancel PMI when the loan reaches 78% LTV? - ANSWER 
HPA - Homeowners Protection Act 
 
Which regulation prohibits fee splitting? - ANSWER RESPA 
 
Regulation X is the letter used to describe which Law? - ANSWER RESPA 
 
RESPA is the acronym used to des...
2024 NMLS STUDY GUIDE | LATEST UPDATE| 215 QAs VERIFIED
1.	Which of the following is NOT a TILA or RESPA mandated disclosure? Select one: 
A.	Closing Disclosure 
B.	Loan Estimate 
C.	Mortgage Servicing Disclosure 
D.	An Adverse Action Statement: D. An Adverse Action Statement 
2.	Which of the following does not affect a Veterans Funding fee? Select one: 
A.	Loan Amount 
B.	Prior Service (Active/ Reserve) 
C.	Marital Status 
D.	Prior Use of Entitlement: C. Marital Status 
3.	FACTA requires that if a lender uses credit scores in making or arranging loa...
- Exam (elaborations)
- • 47 pages •
1.	Which of the following is NOT a TILA or RESPA mandated disclosure? Select one: 
A.	Closing Disclosure 
B.	Loan Estimate 
C.	Mortgage Servicing Disclosure 
D.	An Adverse Action Statement: D. An Adverse Action Statement 
2.	Which of the following does not affect a Veterans Funding fee? Select one: 
A.	Loan Amount 
B.	Prior Service (Active/ Reserve) 
C.	Marital Status 
D.	Prior Use of Entitlement: C. Marital Status 
3.	FACTA requires that if a lender uses credit scores in making or arranging loa...
NAB EXAMS BUNDLE// SUCCESS!!
NAB EXAMS BUNDLE// SUCCESS!
RCAL - NAB ADMINISTRATOR EXAM (FEDERAL) 2024- 2025 
NAB CORE PRACTICE EXAM 110 SETS 2024-2025 LATEST UPDATE
NAB PRACTICE EXAM 2024-2025 LATEST UPDATE| QUESTIONS WITH COMPLETE SOLUTIONS


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- • 5 items •
- NAB EXAM GUIDE 2024-2025 LATEST UPDATE| QUESTIONS WITH COMPLETE SOLUTIONS • Exam (elaborations)
- NAB PRACTICE EXAM 2024-2025 LATEST UPDATE| QUESTIONS WITH COMPLETE SOLUTIONS • Exam (elaborations)
- NAB RCAL Exam 2024-2025 LATEST UPDATE| QUESTIONS WITH COMPLETE SOLUTIONS • Exam (elaborations)
- NAB CORE PRACTICE EXAM 110 SETS 2024-2025 LATEST UPDATE| QUESTIONS WITH COMPLETE SOLUTIONS • Exam (elaborations)
- RCAL - NAB ADMINISTRATOR EXAM (FEDERAL) 2024- 2025 LATEST UPDATE| QUESTIONS WITH COMPLETE SOLUTIONS • Exam (elaborations)
NAB EXAMS BUNDLE// SUCCESS!
RCAL - NAB ADMINISTRATOR EXAM (FEDERAL) 2024- 2025 
NAB CORE PRACTICE EXAM 110 SETS 2024-2025 LATEST UPDATE
NAB PRACTICE EXAM 2024-2025 LATEST UPDATE| QUESTIONS WITH COMPLETE SOLUTIONS


RCAL - NAB ADMINISTRATOR EXAM (FEDERAL) 2024- 2025 LATEST UPDATE| QUESTIONS WITH COMPLETE SOLUTIONS
If contracted laundry services are provided off site: - CORRECT ANSWER The use of commercial 
laundry services is required by the contractor based on Department of Health. 
 
For residents with dementia, optimal food choices are best achieved by: - CORRECT ANSWER 
Good screening, proper nutrition and hydration, and pleasant meal times. 
 
Information should be added to an ICP: - CORRECT ANSWER At a minimum when the resident 
has a significant change of condition. 
 
A resident has the righ...
- Package deal
- Exam (elaborations)
- • 32 pages •
If contracted laundry services are provided off site: - CORRECT ANSWER The use of commercial 
laundry services is required by the contractor based on Department of Health. 
 
For residents with dementia, optimal food choices are best achieved by: - CORRECT ANSWER 
Good screening, proper nutrition and hydration, and pleasant meal times. 
 
Information should be added to an ICP: - CORRECT ANSWER At a minimum when the resident 
has a significant change of condition. 
 
A resident has the righ...
NAB CORE PRACTICE EXAM 110 SETS 2024-2025 LATEST UPDATE| QUESTIONS WITH COMPLETE SOLUTIONS
1. Which one of the following steps should be taken first in a risk management program? 
A. Purchasing of adequate insurance 
B. Conducting of employee safety drills 
C. Identifying hazards and risks 
D. Conducting staff in-services on incident reporting and accident prevention. - CORRECT 
ANSWER C. Identifying hazards and risks 
 
2. Which of the following professionals is authorized to dispense medications? 
A. registered nurse 
B. licensed nurse, physician and, in some states, medicati...
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- Exam (elaborations)
- • 36 pages •
1. Which one of the following steps should be taken first in a risk management program? 
A. Purchasing of adequate insurance 
B. Conducting of employee safety drills 
C. Identifying hazards and risks 
D. Conducting staff in-services on incident reporting and accident prevention. - CORRECT 
ANSWER C. Identifying hazards and risks 
 
2. Which of the following professionals is authorized to dispense medications? 
A. registered nurse 
B. licensed nurse, physician and, in some states, medicati...
NAB RCAL Exam 2024-2025 LATEST UPDATE| QUESTIONS WITH COMPLETE SOLUTIONS
NAB RCAL Exam LATEST UPDATE| 
QUESTIONS WITH COMPLETE SOLUTIONS 
Breakeven Point? - CORRECT ANSWER total cost = total revenue 
 
Working capital ratio - CORRECT ANSWER current assets / current liabilities 
 
Acid-test (quick) ratio - CORRECT ANSWER (cash + AR + short-term investments) / 
current liabilities 
 
debt to assets ratio - CORRECT ANSWER total liabilities/total assets 
 
FTE (full time equivalent) - CORRECT ANSWER total number of hours per employee in a 
week / 40 (i.e. 12+14+4...
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- Exam (elaborations)
- • 15 pages •
NAB RCAL Exam LATEST UPDATE| 
QUESTIONS WITH COMPLETE SOLUTIONS 
Breakeven Point? - CORRECT ANSWER total cost = total revenue 
 
Working capital ratio - CORRECT ANSWER current assets / current liabilities 
 
Acid-test (quick) ratio - CORRECT ANSWER (cash + AR + short-term investments) / 
current liabilities 
 
debt to assets ratio - CORRECT ANSWER total liabilities/total assets 
 
FTE (full time equivalent) - CORRECT ANSWER total number of hours per employee in a 
week / 40 (i.e. 12+14+4...
NAB PRACTICE EXAM 2024-2025 LATEST UPDATE| QUESTIONS WITH COMPLETE SOLUTIONS
NAB PRACTICE EXAM LATEST UPDATE| 
QUESTIONS WITH COMPLETE SOLUTIONS 
Written policies and procedures are used by the facility for all of the following except: 
1. To communicate what management expects in any situation 
2. To prepare staff for dealing with emergency situations 
3. To establish the management style for operating the facility 
4. To set guidelines for staff to follow in delivery of care - CORRECT ANSWER 3 
When admitted to the nursing home, which of the following is not required...
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- Exam (elaborations)
- • 45 pages •
NAB PRACTICE EXAM LATEST UPDATE| 
QUESTIONS WITH COMPLETE SOLUTIONS 
Written policies and procedures are used by the facility for all of the following except: 
1. To communicate what management expects in any situation 
2. To prepare staff for dealing with emergency situations 
3. To establish the management style for operating the facility 
4. To set guidelines for staff to follow in delivery of care - CORRECT ANSWER 3 
When admitted to the nursing home, which of the following is not required...
NAB EXAM GUIDE 2024-2025 LATEST UPDATE| QUESTIONS WITH COMPLETE SOLUTIONS
NAB EXAM GUIDE LATEST UPDATE| QUESTIONS WITH COMPLETE SOLUTIONS 
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 accordance with OBRA 1987 - CORRECT ANSWER 1. Late 
 
The __________________ has ultimate legal responsibility for the operation of a nursing facility. 
1. Medical director 
2. Nursi...
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- Exam (elaborations)
- • 171 pages •
NAB EXAM GUIDE LATEST UPDATE| QUESTIONS WITH COMPLETE SOLUTIONS 
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 accordance with OBRA 1987 - CORRECT ANSWER 1. Late 
 
The __________________ has ultimate legal responsibility for the operation of a nursing facility. 
1. Medical director 
2. Nursi...
BICSI INSTALLER 1 REVIEW 2024/2025 LATEST UPDATED|| GRADED A+| VERIFIED
BICSI INSTALLER 1 REVIEW 2024/2025 LATEST UPDATED|| GRADED A+| VERIFIED 
1.	A third 90-degree bend may be permitted in a conduit run if the run does NOT exceed 	? 
A 5 m (16.5') 
B 10 m (33') 
C 15 m (50') 
D 30 m (100'): B 
 
2.	Which of the following is a property of an electromagnetic field built around a conductor that opposes any changes in current flow in a circuit? 
A Impedance 
B Capacitance 
C Inductance 
D Resistance: C 
 
3.	Which of the following markings is used for non-...
- Exam (elaborations)
- • 30 pages •
BICSI INSTALLER 1 REVIEW 2024/2025 LATEST UPDATED|| GRADED A+| VERIFIED 
1.	A third 90-degree bend may be permitted in a conduit run if the run does NOT exceed 	? 
A 5 m (16.5') 
B 10 m (33') 
C 15 m (50') 
D 30 m (100'): B 
 
2.	Which of the following is a property of an electromagnetic field built around a conductor that opposes any changes in current flow in a circuit? 
A Impedance 
B Capacitance 
C Inductance 
D Resistance: C 
 
3.	Which of the following markings is used for non-...
Milady's Barber Exam Review 2023 QUESTIONS AND ANSWERS ALREADY PASSED AND VERIFIED
FRESENIUS PCT EXAM 2024 QUESTIONS AND ANSWERS CORRECTLY ASWERED
UPDATED 2024/2025 MBA ETS MAJOR FIELD TEST QUESTIONS WITH CORRECT ANSWERS ALREADY PASSED AND VERIFIED
UPDATED 2024/2025 BICSI - Installer 1 – Review Exam Questions and Answers with complete verified solutions 100% solutions
TRAUMA FISDAP AEMT 2024 QUESTIONS WITH COMPLETE SOLUTIONS GRADED A+