NAB EXAM QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS) A GRADE
(Cash + Current Receivables) / Current Liabilities = -
correct answer- Acid Test Ratio
(Cash + Marketable Securities) / ((Total Operating
Expenses - Depreciation) / 365) = - correct answer-
Days of Cash
(required staff / provided staff) * 100 = - correct
answer- Employee Productivity
A comprehensive care plan must be completed within
how many days once the comprehensive assessment is
made? - correct answer- 7 Days
A comprehensive care plan must be developed with how
many days of MDS completion? - correct answer-
7 Days (Medicare or 14 days Medicaid)
,A condition continuing over a long period of time or
recurring frequently? - correct answer- Chronic
Condition
A condition that often begins inconspicuously and
symptoms are less pronounced than acute conditions? -
correct answer- Chronic Condition
A coordinated and aggregated series of work elements
used to produce an output? - correct answer-
Task
A current trial balance includes? - correct answer-
Debits, Credits, Names of Accounts (not zero balance)
A declining proration of asset cost is defined as? -
correct answer- Amortization
A decrease in density of bones causing structural
weakness throughout the skeleton? - correct
answer- Osteoporosis
,A disease the happens suddenly and lasts a short time? -
correct answer- Acute Condition
A document that enables a manager to understand what
kind of applicant would be best suited for a job? -
correct answer- Job Profile
A document that shows the details of a sale and usually
includes (or implies) a request for payment? - correct
answer- Invoice
A drug (ex. Aspirin) that reduces or eliminates pain
without affecting consciousness? - correct answer-
Analgesic
A facility must be free of med errors greater than what
percentage? - correct answer- 5% or greater
, A facility must give how many days notice to a Union for a
desired contract change? - correct answer- 90
Days
A federal agency that administers Medicare as well as
federal guidelines for Medicaid? - correct answer-
HFCA (Health Care Financing Administration)
A financial statement that provides information for
planning short-term cash needs? - correct answer-
Cash Flow Statement
A financial statement that shows cash receipts and
disbursements leading to a net change in cash in a given
period? - correct answer- Cash Flow Statement
A financial statement that treats hypothetical events as
though they had actually happened, and hence includes
fictitious data in whole or in part? - correct
answer- Pro Forma Statement
ANSWERS (VERIFIED ANSWERS) A GRADE
(Cash + Current Receivables) / Current Liabilities = -
correct answer- Acid Test Ratio
(Cash + Marketable Securities) / ((Total Operating
Expenses - Depreciation) / 365) = - correct answer-
Days of Cash
(required staff / provided staff) * 100 = - correct
answer- Employee Productivity
A comprehensive care plan must be completed within
how many days once the comprehensive assessment is
made? - correct answer- 7 Days
A comprehensive care plan must be developed with how
many days of MDS completion? - correct answer-
7 Days (Medicare or 14 days Medicaid)
,A condition continuing over a long period of time or
recurring frequently? - correct answer- Chronic
Condition
A condition that often begins inconspicuously and
symptoms are less pronounced than acute conditions? -
correct answer- Chronic Condition
A coordinated and aggregated series of work elements
used to produce an output? - correct answer-
Task
A current trial balance includes? - correct answer-
Debits, Credits, Names of Accounts (not zero balance)
A declining proration of asset cost is defined as? -
correct answer- Amortization
A decrease in density of bones causing structural
weakness throughout the skeleton? - correct
answer- Osteoporosis
,A disease the happens suddenly and lasts a short time? -
correct answer- Acute Condition
A document that enables a manager to understand what
kind of applicant would be best suited for a job? -
correct answer- Job Profile
A document that shows the details of a sale and usually
includes (or implies) a request for payment? - correct
answer- Invoice
A drug (ex. Aspirin) that reduces or eliminates pain
without affecting consciousness? - correct answer-
Analgesic
A facility must be free of med errors greater than what
percentage? - correct answer- 5% or greater
, A facility must give how many days notice to a Union for a
desired contract change? - correct answer- 90
Days
A federal agency that administers Medicare as well as
federal guidelines for Medicaid? - correct answer-
HFCA (Health Care Financing Administration)
A financial statement that provides information for
planning short-term cash needs? - correct answer-
Cash Flow Statement
A financial statement that shows cash receipts and
disbursements leading to a net change in cash in a given
period? - correct answer- Cash Flow Statement
A financial statement that treats hypothetical events as
though they had actually happened, and hence includes
fictitious data in whole or in part? - correct
answer- Pro Forma Statement
