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NAB Exam Study Guide Questions & Verified Answers 100% Accurate

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NAB EXAM STUDY
GUIDE QUESTIONS AND VERIFIED
ANSWERS; GET IT 100% ACCURATE


3 components of job satisfaction - correct answer-
policies and procedures, social environment, and work
itself


A nursing home may not use any person who has worked
less than __ months as a CNA unless they are (1) in an
approved program (2) demonstrated competence through
training program - correct answer- 4 months


Accrual Basis Accounting - correct answer-
reporting income when it is earned and expenses when
they are incurred - required by Medicare


acid-test ratios - correct answer- facilities ability
to pay its bill immediately
quick assets divided by current liabilities

,Advanced Directives include: - correct answer-
DNR orders, living wills, durable POAs for health care


Allowable costs - correct answer- Costs related
to resident care


Amorization - correct answer- estimate of
services or benefits received from an intangible asset in a
given period


Ancillary charges - correct answer- supplies,
drugs, lab tests, and other not included in the basic per
diem cost billed to residents


Arbitration - correct answer- used to resolve
disputes. 3rd party will review facts and make decision


Balance Sheet - correct answer- Summary of
assets, liabilities, and stockholders' equity at a given point.
Statement of financial position

, Book Value - correct answer- Cost of a
depreciable asset less accumulated depression


Bookkeeping - correct answer- initial recording
of business transactions - usually done by a clerk


Cash flow - correct answer- shows cash receipts
and disbursements leading to a net change in cash in a
given period


Chart of accounts - correct answer- complete
listing of the names of all categories in the ledger -
includes AR and AP


Civil Rights Act of 1991 - correct answer- allows
for punitive and compensatory damages


CNAs must complete __ hours of in-services each year -
correct answer- 12

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