©JUSTTRACY EXAM SOLUTIONS
09/11/2024 11:30AM
Nursing Home Administration Exam Questions And
Answers
Claims-made policy - answers✔✔Professional and general liability that only covers claims reported
during the policy period is operating under a:
$10,000 - answers✔✔What is the book value of a vehicle purchased for$40,000 that has been
accumulated depreciation of $30,000
A mandatory direct-deposit program - answers✔✔To protect against payroll fraud, it is considered
safest to have
called a capital expenditure - answers✔✔Any item of major cost that will become an a of the
healthcare organization is:
contain a mutual indemnity clause - answers✔✔When negotiating contacts with outside vendors or
consultants for professional services, contacts are not required to
assets - answers✔✔net income after taxes/average total assets
working revenue - answers✔✔which of the following items should an administrator reference in
order to determine if there are enough funds to purchase new equipment?
Claims-made policy - answers✔✔Professional and general liability insurance that only covers claims
reported during the policy period is operating under a
Internal control - answers✔✔Ensuring accurate reliable data for accounting reports is known as
working capital ratio - answers✔✔the current ratio is also known as the:
, ©JUSTTRACY EXAM SOLUTIONS
09/11/2024 11:30AM
off-statement debts - answers✔✔the provision a healthcare organization makes for uncollectible
accounts receivables is known as:
limited-liability corporation - answers✔✔Which of the following is a joint venture or business that
meets office of inspector general (OIG) standards, is legal under the anti-kickback statue, and is
immune from criminal prosecution or civil sanctions?
Mediation - answers✔✔Which os the following methods of conflict resolution uses a third party who
reviews the situation and makes a binding decision'?
is a responsible for employee work errors while the employee is on duty - answers✔✔Respondeat
superior is a legal term that means the healthcare organization
misdemeanor - answers✔✔a crime that is punishable by a maximum term of imprisonment of one
year is known as a
personal liability - answers✔✔When determining an employers liability for the acts of employees it
is important to ascertain
governing body - answers✔✔a group that is legally designed to establish and implement policies
regarding the mangement of a healthcare organization is called the
Durable Power of Attorney - answers✔✔Which of the following advance is commonly described as
appointing someone to make decisions on a care recipient's behalf?
marketing - answers✔✔the process of pricing, promoting, and distributing services that satisfy both
individual and organizational objectives is known as
following specific guidelines - answers✔✔consensus building works best when participants are
a service that meets or exceeds expectation - answers✔✔care recipient satisfaction is defined as
09/11/2024 11:30AM
Nursing Home Administration Exam Questions And
Answers
Claims-made policy - answers✔✔Professional and general liability that only covers claims reported
during the policy period is operating under a:
$10,000 - answers✔✔What is the book value of a vehicle purchased for$40,000 that has been
accumulated depreciation of $30,000
A mandatory direct-deposit program - answers✔✔To protect against payroll fraud, it is considered
safest to have
called a capital expenditure - answers✔✔Any item of major cost that will become an a of the
healthcare organization is:
contain a mutual indemnity clause - answers✔✔When negotiating contacts with outside vendors or
consultants for professional services, contacts are not required to
assets - answers✔✔net income after taxes/average total assets
working revenue - answers✔✔which of the following items should an administrator reference in
order to determine if there are enough funds to purchase new equipment?
Claims-made policy - answers✔✔Professional and general liability insurance that only covers claims
reported during the policy period is operating under a
Internal control - answers✔✔Ensuring accurate reliable data for accounting reports is known as
working capital ratio - answers✔✔the current ratio is also known as the:
, ©JUSTTRACY EXAM SOLUTIONS
09/11/2024 11:30AM
off-statement debts - answers✔✔the provision a healthcare organization makes for uncollectible
accounts receivables is known as:
limited-liability corporation - answers✔✔Which of the following is a joint venture or business that
meets office of inspector general (OIG) standards, is legal under the anti-kickback statue, and is
immune from criminal prosecution or civil sanctions?
Mediation - answers✔✔Which os the following methods of conflict resolution uses a third party who
reviews the situation and makes a binding decision'?
is a responsible for employee work errors while the employee is on duty - answers✔✔Respondeat
superior is a legal term that means the healthcare organization
misdemeanor - answers✔✔a crime that is punishable by a maximum term of imprisonment of one
year is known as a
personal liability - answers✔✔When determining an employers liability for the acts of employees it
is important to ascertain
governing body - answers✔✔a group that is legally designed to establish and implement policies
regarding the mangement of a healthcare organization is called the
Durable Power of Attorney - answers✔✔Which of the following advance is commonly described as
appointing someone to make decisions on a care recipient's behalf?
marketing - answers✔✔the process of pricing, promoting, and distributing services that satisfy both
individual and organizational objectives is known as
following specific guidelines - answers✔✔consensus building works best when participants are
a service that meets or exceeds expectation - answers✔✔care recipient satisfaction is defined as
