FEDERAL NURSING HOME ADMINISTRATOR
UPDATED CORE EXAMS SET QUESTIONS AND
ANSWERS SURE A+
✔✔The _____ represents most workers in the nursing home industry. - ✔✔SEIU
✔✔SEIU stands for ______________. - ✔✔Service Employees International Union
✔✔The ________ has ultimate responsibility for resident care in a facility. -
✔✔Governing body
✔✔Recording all revenues and expenses is called the ____. - ✔✔Bookkeeping process
✔✔Maintaining the books and preparing financial statements is called______. -
✔✔Accounting
✔✔Clear access for a wheelchair is ____ inches wide. - ✔✔36"
✔✔Receipts, bank statements, invoices and bills are called ______. - ✔✔Source
documents
, ✔✔The ____ summarizes all debits and credits. - ✔✔General Ledger
✔✔Accountants prepare the financial statements when the _______. - ✔✔The "Books"
balance
✔✔If the trial balance shows that debits and credits in the journals do not balance out,
that indicate there was an error in ___________. - ✔✔Recording the transactions
✔✔Balance sheets are not _______________. - ✔✔Prepared by the bookkeeper
✔✔If the administrator wants to know if the facility made money, he/she would look at
the _________. - ✔✔Balance sheet, profit and loss statementt
✔✔Assets are listed on the ___ side of the balance sheet. - ✔✔Left
✔✔If the administrator wants to know the amount of working capital on hand, he/she
would look at the __________. - ✔✔Balance sheet
✔✔A thing that is owned by the facility that will not be converted to cash within 12
months is called a(n) __________. - ✔✔Non-current asset
✔✔One-time costs of acquiring an asset (purchase price, taxes, shipping, delivery) are
called _________. - ✔✔Historic costs
✔✔To calculate the value of an investor's investment in a business, you need to look at
the ______. - ✔✔Balance sheet
✔✔An administrator would refer to ___________ to determine if revenues were
sufficient to cover expenses. - ✔✔Both profit/loss statement and income statement
✔✔An administrator would refer to the ______ to determine if revenues were sufficient
to cover expenses - ✔✔Both profit/loss statement and income statement
✔✔The practice of performing an initial inventory and then monitoring supply levels
monthly is called - ✔✔Perpetual inventory
✔✔The minimum qualification for a social worker in a 120 bed facility Is a(n)
___________. - ✔✔Bachelor's degree with 1 year as a social worker assistant
✔✔A resident's medical or financial information may be given to ______ without the
resident's consent. - ✔✔A third party payor pursuant to a contract
UPDATED CORE EXAMS SET QUESTIONS AND
ANSWERS SURE A+
✔✔The _____ represents most workers in the nursing home industry. - ✔✔SEIU
✔✔SEIU stands for ______________. - ✔✔Service Employees International Union
✔✔The ________ has ultimate responsibility for resident care in a facility. -
✔✔Governing body
✔✔Recording all revenues and expenses is called the ____. - ✔✔Bookkeeping process
✔✔Maintaining the books and preparing financial statements is called______. -
✔✔Accounting
✔✔Clear access for a wheelchair is ____ inches wide. - ✔✔36"
✔✔Receipts, bank statements, invoices and bills are called ______. - ✔✔Source
documents
, ✔✔The ____ summarizes all debits and credits. - ✔✔General Ledger
✔✔Accountants prepare the financial statements when the _______. - ✔✔The "Books"
balance
✔✔If the trial balance shows that debits and credits in the journals do not balance out,
that indicate there was an error in ___________. - ✔✔Recording the transactions
✔✔Balance sheets are not _______________. - ✔✔Prepared by the bookkeeper
✔✔If the administrator wants to know if the facility made money, he/she would look at
the _________. - ✔✔Balance sheet, profit and loss statementt
✔✔Assets are listed on the ___ side of the balance sheet. - ✔✔Left
✔✔If the administrator wants to know the amount of working capital on hand, he/she
would look at the __________. - ✔✔Balance sheet
✔✔A thing that is owned by the facility that will not be converted to cash within 12
months is called a(n) __________. - ✔✔Non-current asset
✔✔One-time costs of acquiring an asset (purchase price, taxes, shipping, delivery) are
called _________. - ✔✔Historic costs
✔✔To calculate the value of an investor's investment in a business, you need to look at
the ______. - ✔✔Balance sheet
✔✔An administrator would refer to ___________ to determine if revenues were
sufficient to cover expenses. - ✔✔Both profit/loss statement and income statement
✔✔An administrator would refer to the ______ to determine if revenues were sufficient
to cover expenses - ✔✔Both profit/loss statement and income statement
✔✔The practice of performing an initial inventory and then monitoring supply levels
monthly is called - ✔✔Perpetual inventory
✔✔The minimum qualification for a social worker in a 120 bed facility Is a(n)
___________. - ✔✔Bachelor's degree with 1 year as a social worker assistant
✔✔A resident's medical or financial information may be given to ______ without the
resident's consent. - ✔✔A third party payor pursuant to a contract
