1|Page
NEW JERSEY CALA – CERTIFIED ASSISTED LIVING ADMINISTRATOR
EXAM LATEST 2025 ACTUAL EXAM WITH COMPLETE QUESTIONS
AND CORRECT DETAILED ANSWERS (100% VERIFIED ANSWERS)
|ALREADY GRADED A+| ||PROFESSOR VERIFIED||
||BRANDNEW!!!||
The allocation of the original cost of non-current intangible asset
over a period of time specified by the Federal Government -
ANSWER-amortiazation
Things of value, things owned as cash, equipment, buildings, and
accounts receivable - ANSWER-Asset
Checking , reviewing, testing, and verifying the accuracy of
accounting records by a third party - ANSWER-Audit
Financial statement summarizing assets, liabilities, and retained
earnings or net worth - ANSWER-Balance Sheet
Periodic statement from the bank summarizing deposits, checks
paid, bank charges, balances, etc. - ANSWER-bank statement
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Type of insurance covering employees who handle money -
ANSWER-Surety Bond
Cost of a depreciable asset less accumulated depreciation -
ANSWER-Book Value
Determining the break-even point when revenues equal expenses
- ANSWER-Break-even analysis
Funds acquired for use in a business - ANSWER-capital
Revenues and expenses are not recognized until cash is received
or paid out, except for depreciation expense - ANSWER-Cash
Basis Accounting
Financial report showing cash receipts and disbursements leading
to a net change in cash in a given period - ANSWER-Cash Flow
Statement
, 3|Page
Complete listing of the names of all categories in the ledger -
ANSWER-Chart of Accounts
A person or party to whom merchandise is consigned or shipped -
ANSWER-consignee
A business that is owned by either a few persons or thousands,
and incorporated under the laws of a given state - ANSWER-
Corporation
An ongoing, active program of management costs in a facility -
ANSWER-Cost Management
An entry on the right side of an account which increases liability,
owner's equity, and revenue accounts - ANSWER-Credit
Debts generally due within one year that usually requires use of
current assets - ANSWER-current liability
NEW JERSEY CALA – CERTIFIED ASSISTED LIVING ADMINISTRATOR
EXAM LATEST 2025 ACTUAL EXAM WITH COMPLETE QUESTIONS
AND CORRECT DETAILED ANSWERS (100% VERIFIED ANSWERS)
|ALREADY GRADED A+| ||PROFESSOR VERIFIED||
||BRANDNEW!!!||
The allocation of the original cost of non-current intangible asset
over a period of time specified by the Federal Government -
ANSWER-amortiazation
Things of value, things owned as cash, equipment, buildings, and
accounts receivable - ANSWER-Asset
Checking , reviewing, testing, and verifying the accuracy of
accounting records by a third party - ANSWER-Audit
Financial statement summarizing assets, liabilities, and retained
earnings or net worth - ANSWER-Balance Sheet
Periodic statement from the bank summarizing deposits, checks
paid, bank charges, balances, etc. - ANSWER-bank statement
,2|Page
Type of insurance covering employees who handle money -
ANSWER-Surety Bond
Cost of a depreciable asset less accumulated depreciation -
ANSWER-Book Value
Determining the break-even point when revenues equal expenses
- ANSWER-Break-even analysis
Funds acquired for use in a business - ANSWER-capital
Revenues and expenses are not recognized until cash is received
or paid out, except for depreciation expense - ANSWER-Cash
Basis Accounting
Financial report showing cash receipts and disbursements leading
to a net change in cash in a given period - ANSWER-Cash Flow
Statement
, 3|Page
Complete listing of the names of all categories in the ledger -
ANSWER-Chart of Accounts
A person or party to whom merchandise is consigned or shipped -
ANSWER-consignee
A business that is owned by either a few persons or thousands,
and incorporated under the laws of a given state - ANSWER-
Corporation
An ongoing, active program of management costs in a facility -
ANSWER-Cost Management
An entry on the right side of an account which increases liability,
owner's equity, and revenue accounts - ANSWER-Credit
Debts generally due within one year that usually requires use of
current assets - ANSWER-current liability
