NAB RCAL Exam Questions With Accurate Solutions
2025\2026 A+ Grade
Breakeven Point?
- accurate answers-total cost = total revenue
Working capital ratio
- accurate answers-current assets / current liabilities
Acid-test (quick) ratio
- accurate answers-(cash + AR + short-term investments) / current liabilities
debt to assets ratio
- accurate answers-total liabilities/total assets
FTE (full time equivalent)
- accurate answers-total number of hours per employee in a week / 40 (i.e.
12+14+40+30 div. by 40)
Profit margin
- accurate answers-NOI/Tot. Revenue. Defined as "income to sales. 2 types,
gross prof margin and net prof margin)
Net Operating Income (NOI)
- accurate answers-Total (gross) Revenue - operating expenses
Occupancy rate
- accurate answers-(# of resident days/facility beds) x 365
HCS
- accurate answers-Hazard Communication Standard. OSHA standard
requiring employers to inform workers of potentially hazardous chemicals.
Balance sheet formula
- accurate answers-Assets = Liabilities + Shareholders Equity
EBITDA
- accurate answers-Earnings before interest, taxes, depreciation, and
amortization
, Amortization
- accurate answers-the reduction of a loan balance through payments made
over a period of time
revenue cycle management
- accurate answers-resident needs->service planning->staffing-
>billing/collections->
FICA SS Tax and Medicare Tax
- accurate answers-6.2% and 1.45%
4 elements of a valid contract
- accurate answers-agreement, consideration, contractual capacity, legality (in
writing) "ACCL"
Liability insurance usually covers..
- accurate answers-Bodily injury and property damage
Lock out tag out
- accurate answers-For all electrical equipment
safe electrical practices
- accurate answers-National Electrical Code or NEC
Following NFPA Life Safety Code
- accurate answers-fire plan, regular fire drills, detectors, training on
procedure, non combustable furnishing/draperies
Extinguisher class A
- accurate answers-ordinary combustibles such as wood/paper
Extinguisher Class B
- accurate answers-For flammable liquids and gas fires (grease, paint)
Extinguisher class C
- accurate answers-Live electrical equipment (panelling)
2025\2026 A+ Grade
Breakeven Point?
- accurate answers-total cost = total revenue
Working capital ratio
- accurate answers-current assets / current liabilities
Acid-test (quick) ratio
- accurate answers-(cash + AR + short-term investments) / current liabilities
debt to assets ratio
- accurate answers-total liabilities/total assets
FTE (full time equivalent)
- accurate answers-total number of hours per employee in a week / 40 (i.e.
12+14+40+30 div. by 40)
Profit margin
- accurate answers-NOI/Tot. Revenue. Defined as "income to sales. 2 types,
gross prof margin and net prof margin)
Net Operating Income (NOI)
- accurate answers-Total (gross) Revenue - operating expenses
Occupancy rate
- accurate answers-(# of resident days/facility beds) x 365
HCS
- accurate answers-Hazard Communication Standard. OSHA standard
requiring employers to inform workers of potentially hazardous chemicals.
Balance sheet formula
- accurate answers-Assets = Liabilities + Shareholders Equity
EBITDA
- accurate answers-Earnings before interest, taxes, depreciation, and
amortization
, Amortization
- accurate answers-the reduction of a loan balance through payments made
over a period of time
revenue cycle management
- accurate answers-resident needs->service planning->staffing-
>billing/collections->
FICA SS Tax and Medicare Tax
- accurate answers-6.2% and 1.45%
4 elements of a valid contract
- accurate answers-agreement, consideration, contractual capacity, legality (in
writing) "ACCL"
Liability insurance usually covers..
- accurate answers-Bodily injury and property damage
Lock out tag out
- accurate answers-For all electrical equipment
safe electrical practices
- accurate answers-National Electrical Code or NEC
Following NFPA Life Safety Code
- accurate answers-fire plan, regular fire drills, detectors, training on
procedure, non combustable furnishing/draperies
Extinguisher class A
- accurate answers-ordinary combustibles such as wood/paper
Extinguisher Class B
- accurate answers-For flammable liquids and gas fires (grease, paint)
Extinguisher class C
- accurate answers-Live electrical equipment (panelling)
