NAB RCAL Exam
-responsible for appointing top management
-policy making
-ensuring that policies are administered in a manner in which they were written -
ANS-Governing boards
(# of resident days/facility beds) x 365 - ANS-Occupancy rate
(cash + AR + short-term investments) / current liabilities - ANS-Acid-test (quick) ratio
1 year - ANS-Disability accommodations paperwork should be kept for
1 year from date of action - ANS-Employment actions (hires, promotions, layoffs, test results,
etc.) should be kept for
1 year- keep equal employment info separate - ANS-Hiring records should be kept for
3 years - ANS-FMLA paperwork should be kept for
3 years after hire or 1 year after fire, whichever is later - ANS-Basic Employee Information
(example: I-9) should be kept for
30 years - ANS-Medical exam paperwork, toxic substance exposure records and BB pathogen
records should be kept for
36, 32, 60 - ANS-ADA hallway, doorway, and T-space inches requirements?
4 years - ANS-Payroll and tax records should be kept for
5 years - ANS-Job-related illnesses and injuries paperwork should be kept for
6.2% and 1.45% - ANS-FICA SS Tax and Medicare Tax
A document that indicates what medical intervention an individual wants if he or she becomes
incapable of expressing those wishes. - ANS-living will
A legal document designed to indicate a person's wishes regarding care in case of a terminal
illness or during the dying process - ANS-advance directives
A list of every account (5 groups: ass, Lia, capital, Rev, expenses) - ANS-chart of accounts
,A unique government creation that looks like a corporation but is taxed like sole proprietorships
and partnerships - ANS-S corporation
Ability to achieve common goals through the organization and productivity. Create environment
to work with no friction - ANS-Management
accompany mission statement, describes key behaviors that are expected of staff -
ANS-Organizational Values
Advocate, nationally funded by the Admin on Aging and administered by state agencies -
ANS-Ombudsman
Age Discrimination in Employment Act of 1967 - ANS-Bans age discrimination for jobs unless
age is related to job performance. 40 yrs or older.
agreement, consideration, contractual capacity, legality (in writing) "ACCL" - ANS-4 elements of
a valid contract
Americans with Disabilities Act (ADA) of 1990 - ANS-15 employees or more. Reasonably
remove barriers so disabled can be accommodated
An "X" based policy kicks in when you file a claim during the policy period. As long as an
insurable event happened after the policy's retroactive date, your insurer should provide
coverage. With a claims-made policy, you need to have active insurance when you file a claim. -
ANS-Claims-made policy
An "X"-based policy provides coverage for injuries arising out of incidents occurring during the
period the policy was in effect, even if the policy subsequently expires or is not renewed by the
policy-holder. With an "X" policy, it does not matter if you are covered when the suit is brought. -
ANS-Occurrence Based Policy
Annual basis, at least - ANS-How often should goals and objectives be evaluated?
Assessing environment, Programming, Developing operating budget, Building cash budget,
Determing capital budget - ANS-5 steps of budgeting
Assets - Liabilities - ANS-Net Worth Formula
Assets = Liabilities + Shareholders Equity - ANS-Balance sheet formula
assist providers and their agents and develop effective internal controls that promote adherence
to applicable federal and state law - ANS-Corporate Compliance Programs
Bodily injury and property damage - ANS-Liability insurance usually covers..
,Cash receipts less cash disbursements from a given operation or set of operations from a
period of time - ANS-Cash Flow
Civil Rights Act (1964) Title VII - ANS-Applies to employers of 15 or more. Race, color, religion,
gender, pregnancy, or national origin.
Civil Rights Act 1991 - ANS-Sexual harassment - unwelcome sexual advances, does not have
to be the harassed to report. Must be unwelcome, implicitly or explicitly affects an individuals
employment, work performance
Combustable metals (aluminum) - ANS-Extinguisher class D
Commercial cooking equipment (cooking oil, animal fats) - ANS-Extinguisher class K
components of the claims handling process include developing strategies to cut costs and
reduce fraud while keeping customers satisfied - ANS-Effective Claims Management for working
with insurance agencies
Consolidated Omnibus Budget Reconciliation Act (COBRA) - ANS-continues healthcare
benefits to individuals and families for limited period of time such as job loss, reduced hours,
death, divorce, etc. Qualified individuals may have to pay entire premium
Consumer Credit Protection Act - ANS-Act that limits the amount of wages that can be
garnished or withheld in any one week by an employer to satisfy creditors.
Conversation style of decision making where issues and opinions are discussed- reach a
shared opinion - ANS-Consensus Building
Cost that are directly attributable to providing resident care (i.e. salaries, payroll, pay taxes,
benefits, supplies) - ANS-Direct cost
current assets / current liabilities - ANS-Working capital ratio
Do not relate to changes in census. - ANS-Fixed cost
DPOA just includes language that means the documents covers individual when they become
incapacitated - ANS-DPOA vs POA
Earnings before interest, taxes, depreciation, and amortization - ANS-EBITDA
Fair Labor Standards Act (FLSA) - ANS-Minimum wage, child labor laws, overtime
, Family and Medical Leave Act (FMLA) - ANS-12 weeks unpaid if an employee has worked 1250
hrs within last 12 months. Covers -serious health condition -care for family member. -birth or
adoption
Federal law requiring organizations with 50 or more employees to provide up to 12 weeks of
unpaid leave (12 months employed by the company with 1250hrs) - ANS-Family and Medical
Leave Act (FMLA)
fire plan, regular fire drills, detectors, training on procedure, non combustable
furnishing/draperies - ANS-Following NFPA Life Safety Code
Fluctuate directly with changes in census (i.e. food, salary) - ANS-Variable cost
For all electrical equipment - ANS-Lock out tag out
For flammable liquids and gas fires (grease, paint) - ANS-Extinguisher Class B
General administrative charge of the day-to-day operations of an ALF. May be owner of hired by
the organization. - ANS-Administrator
Hazard Communication Standard. OSHA standard requiring employers to inform workers of
potentially hazardous chemicals. - ANS-HCS
HIPPA (Health Insurance Portability and Accountability Act) - ANS-Protections for coverage
under group health plans, prohibit discrimination against employees based on health status
hires admin, delegates management, develops mission and vision, fiduciary responsibility -
ANS-Board of Directors/Governing body
How much revenue and profit generated over a certain period of time - ANS-Income statement
(or statement of financial position)
i.e. administrative salary, depreciation - ANS-Indirect cost
Immigration Reform and Control Act of 1986 - ANS-Federal law requiring employers to verify
and maintain records on applicants' legal rights to work in the United States. 1-9 Form complete
within 3 days of employment, retain copy 3 years or 1 year following terminiation
Information filed with a state official by persons wishing to form a corporation - ANS-articles of
incorporation
Limited liability, pass through income taxation, flexibility - ANS-LLC (Limited Liability Company)
Live electrical equipment (panelling) - ANS-Extinguisher class C
-responsible for appointing top management
-policy making
-ensuring that policies are administered in a manner in which they were written -
ANS-Governing boards
(# of resident days/facility beds) x 365 - ANS-Occupancy rate
(cash + AR + short-term investments) / current liabilities - ANS-Acid-test (quick) ratio
1 year - ANS-Disability accommodations paperwork should be kept for
1 year from date of action - ANS-Employment actions (hires, promotions, layoffs, test results,
etc.) should be kept for
1 year- keep equal employment info separate - ANS-Hiring records should be kept for
3 years - ANS-FMLA paperwork should be kept for
3 years after hire or 1 year after fire, whichever is later - ANS-Basic Employee Information
(example: I-9) should be kept for
30 years - ANS-Medical exam paperwork, toxic substance exposure records and BB pathogen
records should be kept for
36, 32, 60 - ANS-ADA hallway, doorway, and T-space inches requirements?
4 years - ANS-Payroll and tax records should be kept for
5 years - ANS-Job-related illnesses and injuries paperwork should be kept for
6.2% and 1.45% - ANS-FICA SS Tax and Medicare Tax
A document that indicates what medical intervention an individual wants if he or she becomes
incapable of expressing those wishes. - ANS-living will
A legal document designed to indicate a person's wishes regarding care in case of a terminal
illness or during the dying process - ANS-advance directives
A list of every account (5 groups: ass, Lia, capital, Rev, expenses) - ANS-chart of accounts
,A unique government creation that looks like a corporation but is taxed like sole proprietorships
and partnerships - ANS-S corporation
Ability to achieve common goals through the organization and productivity. Create environment
to work with no friction - ANS-Management
accompany mission statement, describes key behaviors that are expected of staff -
ANS-Organizational Values
Advocate, nationally funded by the Admin on Aging and administered by state agencies -
ANS-Ombudsman
Age Discrimination in Employment Act of 1967 - ANS-Bans age discrimination for jobs unless
age is related to job performance. 40 yrs or older.
agreement, consideration, contractual capacity, legality (in writing) "ACCL" - ANS-4 elements of
a valid contract
Americans with Disabilities Act (ADA) of 1990 - ANS-15 employees or more. Reasonably
remove barriers so disabled can be accommodated
An "X" based policy kicks in when you file a claim during the policy period. As long as an
insurable event happened after the policy's retroactive date, your insurer should provide
coverage. With a claims-made policy, you need to have active insurance when you file a claim. -
ANS-Claims-made policy
An "X"-based policy provides coverage for injuries arising out of incidents occurring during the
period the policy was in effect, even if the policy subsequently expires or is not renewed by the
policy-holder. With an "X" policy, it does not matter if you are covered when the suit is brought. -
ANS-Occurrence Based Policy
Annual basis, at least - ANS-How often should goals and objectives be evaluated?
Assessing environment, Programming, Developing operating budget, Building cash budget,
Determing capital budget - ANS-5 steps of budgeting
Assets - Liabilities - ANS-Net Worth Formula
Assets = Liabilities + Shareholders Equity - ANS-Balance sheet formula
assist providers and their agents and develop effective internal controls that promote adherence
to applicable federal and state law - ANS-Corporate Compliance Programs
Bodily injury and property damage - ANS-Liability insurance usually covers..
,Cash receipts less cash disbursements from a given operation or set of operations from a
period of time - ANS-Cash Flow
Civil Rights Act (1964) Title VII - ANS-Applies to employers of 15 or more. Race, color, religion,
gender, pregnancy, or national origin.
Civil Rights Act 1991 - ANS-Sexual harassment - unwelcome sexual advances, does not have
to be the harassed to report. Must be unwelcome, implicitly or explicitly affects an individuals
employment, work performance
Combustable metals (aluminum) - ANS-Extinguisher class D
Commercial cooking equipment (cooking oil, animal fats) - ANS-Extinguisher class K
components of the claims handling process include developing strategies to cut costs and
reduce fraud while keeping customers satisfied - ANS-Effective Claims Management for working
with insurance agencies
Consolidated Omnibus Budget Reconciliation Act (COBRA) - ANS-continues healthcare
benefits to individuals and families for limited period of time such as job loss, reduced hours,
death, divorce, etc. Qualified individuals may have to pay entire premium
Consumer Credit Protection Act - ANS-Act that limits the amount of wages that can be
garnished or withheld in any one week by an employer to satisfy creditors.
Conversation style of decision making where issues and opinions are discussed- reach a
shared opinion - ANS-Consensus Building
Cost that are directly attributable to providing resident care (i.e. salaries, payroll, pay taxes,
benefits, supplies) - ANS-Direct cost
current assets / current liabilities - ANS-Working capital ratio
Do not relate to changes in census. - ANS-Fixed cost
DPOA just includes language that means the documents covers individual when they become
incapacitated - ANS-DPOA vs POA
Earnings before interest, taxes, depreciation, and amortization - ANS-EBITDA
Fair Labor Standards Act (FLSA) - ANS-Minimum wage, child labor laws, overtime
, Family and Medical Leave Act (FMLA) - ANS-12 weeks unpaid if an employee has worked 1250
hrs within last 12 months. Covers -serious health condition -care for family member. -birth or
adoption
Federal law requiring organizations with 50 or more employees to provide up to 12 weeks of
unpaid leave (12 months employed by the company with 1250hrs) - ANS-Family and Medical
Leave Act (FMLA)
fire plan, regular fire drills, detectors, training on procedure, non combustable
furnishing/draperies - ANS-Following NFPA Life Safety Code
Fluctuate directly with changes in census (i.e. food, salary) - ANS-Variable cost
For all electrical equipment - ANS-Lock out tag out
For flammable liquids and gas fires (grease, paint) - ANS-Extinguisher Class B
General administrative charge of the day-to-day operations of an ALF. May be owner of hired by
the organization. - ANS-Administrator
Hazard Communication Standard. OSHA standard requiring employers to inform workers of
potentially hazardous chemicals. - ANS-HCS
HIPPA (Health Insurance Portability and Accountability Act) - ANS-Protections for coverage
under group health plans, prohibit discrimination against employees based on health status
hires admin, delegates management, develops mission and vision, fiduciary responsibility -
ANS-Board of Directors/Governing body
How much revenue and profit generated over a certain period of time - ANS-Income statement
(or statement of financial position)
i.e. administrative salary, depreciation - ANS-Indirect cost
Immigration Reform and Control Act of 1986 - ANS-Federal law requiring employers to verify
and maintain records on applicants' legal rights to work in the United States. 1-9 Form complete
within 3 days of employment, retain copy 3 years or 1 year following terminiation
Information filed with a state official by persons wishing to form a corporation - ANS-articles of
incorporation
Limited liability, pass through income taxation, flexibility - ANS-LLC (Limited Liability Company)
Live electrical equipment (panelling) - ANS-Extinguisher class C
