NAB RCAL EXAM NEWEST 2026 ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)/NEWEST UPDATE!!!
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+40+30 div. by 40)
Profit margin - (Correct Answer)-NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross
prof margin and net prof margin)
Net Operating Income (NOI) - (Correct Answer)-Total (gross) Revenue - operating expenses
Occupancy rate - (Correct Answer)-(# of resident days/facility beds) x 365
HCS - (Correct Answer)-Hazard Communication Standard. OSHA standard requiring employers
to inform workers of potentially hazardous chemicals.
Balance sheet formula - (Correct Answer)-Assets = Liabilities + Shareholders Equity
EBITDA - (Correct Answer)-Earnings before interest, taxes, depreciation, and amortization
Amortization - (Correct Answer)-the reduction of a loan balance through payments made over a
period of time
, 2
revenue cycle management - (Correct Answer)-resident needs->service planning->staffing-
>billing/collections->
FICA SS Tax and Medicare Tax - (Correct Answer)-6.2% and 1.45%
4 elements of a valid contract - (Correct Answer)-agreement, consideration, contractual capacity,
legality (in writing) "ACCL"
Liability insurance usually covers.. - (Correct Answer)-Bodily injury and property damage
Lock out tag out - (Correct Answer)-For all electrical equipment
safe electrical practices - (Correct Answer)-National Electrical Code or NEC
Following NFPA Life Safety Code - (Correct Answer)-fire plan, regular fire drills, detectors,
training on procedure, non combustable furnishing/draperies
Extinguisher class A - (Correct Answer)-ordinary combustibles such as wood/paper
Extinguisher Class B - (Correct Answer)-For flammable liquids and gas fires (grease, paint)
Extinguisher class C - (Correct Answer)-Live electrical equipment (panelling)
Extinguisher class D - (Correct Answer)-Combustable metals (aluminum)
Extinguisher class K - (Correct Answer)-Commercial cooking equipment (cooking oil, animal
fats)
DETAILED ANSWERS (VERIFIED ANSWERS)/NEWEST UPDATE!!!
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+40+30 div. by 40)
Profit margin - (Correct Answer)-NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross
prof margin and net prof margin)
Net Operating Income (NOI) - (Correct Answer)-Total (gross) Revenue - operating expenses
Occupancy rate - (Correct Answer)-(# of resident days/facility beds) x 365
HCS - (Correct Answer)-Hazard Communication Standard. OSHA standard requiring employers
to inform workers of potentially hazardous chemicals.
Balance sheet formula - (Correct Answer)-Assets = Liabilities + Shareholders Equity
EBITDA - (Correct Answer)-Earnings before interest, taxes, depreciation, and amortization
Amortization - (Correct Answer)-the reduction of a loan balance through payments made over a
period of time
, 2
revenue cycle management - (Correct Answer)-resident needs->service planning->staffing-
>billing/collections->
FICA SS Tax and Medicare Tax - (Correct Answer)-6.2% and 1.45%
4 elements of a valid contract - (Correct Answer)-agreement, consideration, contractual capacity,
legality (in writing) "ACCL"
Liability insurance usually covers.. - (Correct Answer)-Bodily injury and property damage
Lock out tag out - (Correct Answer)-For all electrical equipment
safe electrical practices - (Correct Answer)-National Electrical Code or NEC
Following NFPA Life Safety Code - (Correct Answer)-fire plan, regular fire drills, detectors,
training on procedure, non combustable furnishing/draperies
Extinguisher class A - (Correct Answer)-ordinary combustibles such as wood/paper
Extinguisher Class B - (Correct Answer)-For flammable liquids and gas fires (grease, paint)
Extinguisher class C - (Correct Answer)-Live electrical equipment (panelling)
Extinguisher class D - (Correct Answer)-Combustable metals (aluminum)
Extinguisher class K - (Correct Answer)-Commercial cooking equipment (cooking oil, animal
fats)
