NAB CORE FINAL EXAM LATEST 2025
NAB CORE FINAL EXAM LATEST 2025
REAL EXAM COMPLETE 350 VERIFIED QUESTIONS
AND CORRECT DETAILED ANSWERS with WELL –
ELABORATED RATIONALES TEST BANK
(VERIFIED ANSWERS) | GRADED A+
GUARANTEED PASS
The responsibility of identifying the social service needs of a care recipient falls upon the:
0000
family.
Power of Attorney.
staff.
physician.
Answer ✓✓Staff
An estimate of receipts (inflows) and disbursements (outflows) for each month is called a:
0000
A+ TEST BANK 1
, NAB CORE FINAL EXAM LATEST 2025
comprehensive budget.
cash budget.
prospective budget.
capital budget
. - Answer ✓✓Cash budget
The Older Americans Act of 1965 provided for the establishment of an office of long-term-
care ombudsman. The primary duty of the ombudsman is to:
0000
investigate and resolve complaints made about, or for, care recipients in healthcare
organizations.
ensure that long-term care surveys have been handled properly.
mediate between survey agencies and organizations when complaints are made by staff.
ensure that families of care recipients are not overcharged by the organization.
- Answer ✓✓investigate and resolve complaints made about, or for, care recipients in
healthcare organizations.
When debits do not match credits in the general ledger, the NHA can assume an error was
made in
.
A+ TEST BANK 2
, NAB CORE FINAL EXAM LATEST 2025
1 Recording the transactions or posting them from the journals to the ledger
2. Preparing the financial statements from the journals
3. Recording the revenues and expenses in the profit and loss statement
4. Preparing the balance sheet from the general ledger
- Answer ✓✓1
Bills from suppliers for food and office supplies are classified as .
1. Liabilities
2. Notes payables
3. Assets
4. Capital
- Answer ✓✓1
When the NHA notes there are $200,000 in notes payables in the financial reports, she
knows these
must be paid within .
1. 90 days
2. 120 days
3. 6 months
4. 12 months
- Answer ✓✓4 Notes Payables must be paid in 12 months
Using LIFO in a period of inflation would of remaining goods.
A+ TEST BANK 3
, NAB CORE FINAL EXAM LATEST 2025
1. Raise the value
2. Lower the value
3. Have no effect
4. Capitalize the cost of the remaining goods
- Answer ✓✓1
The largest controllable cost is .
1. Labor
2. Nursing supplies
3. Food costs
4. Medications
- Answer ✓✓1
purpose of accelerated depreciation is to encourage businesses to .
1. Increase capital on hand
2. Reduce costs
3. Invest in new equipment and buildings
4. Hire more nursing staff
- Answer ✓✓3
Using several different depreciation schedules for an asset .
1. Is acceptable and encouraged by the IRS
2. Violates GAAP
3. Lowers the value of existing assets
A+ TEST BANK 4
NAB CORE FINAL EXAM LATEST 2025
REAL EXAM COMPLETE 350 VERIFIED QUESTIONS
AND CORRECT DETAILED ANSWERS with WELL –
ELABORATED RATIONALES TEST BANK
(VERIFIED ANSWERS) | GRADED A+
GUARANTEED PASS
The responsibility of identifying the social service needs of a care recipient falls upon the:
0000
family.
Power of Attorney.
staff.
physician.
Answer ✓✓Staff
An estimate of receipts (inflows) and disbursements (outflows) for each month is called a:
0000
A+ TEST BANK 1
, NAB CORE FINAL EXAM LATEST 2025
comprehensive budget.
cash budget.
prospective budget.
capital budget
. - Answer ✓✓Cash budget
The Older Americans Act of 1965 provided for the establishment of an office of long-term-
care ombudsman. The primary duty of the ombudsman is to:
0000
investigate and resolve complaints made about, or for, care recipients in healthcare
organizations.
ensure that long-term care surveys have been handled properly.
mediate between survey agencies and organizations when complaints are made by staff.
ensure that families of care recipients are not overcharged by the organization.
- Answer ✓✓investigate and resolve complaints made about, or for, care recipients in
healthcare organizations.
When debits do not match credits in the general ledger, the NHA can assume an error was
made in
.
A+ TEST BANK 2
, NAB CORE FINAL EXAM LATEST 2025
1 Recording the transactions or posting them from the journals to the ledger
2. Preparing the financial statements from the journals
3. Recording the revenues and expenses in the profit and loss statement
4. Preparing the balance sheet from the general ledger
- Answer ✓✓1
Bills from suppliers for food and office supplies are classified as .
1. Liabilities
2. Notes payables
3. Assets
4. Capital
- Answer ✓✓1
When the NHA notes there are $200,000 in notes payables in the financial reports, she
knows these
must be paid within .
1. 90 days
2. 120 days
3. 6 months
4. 12 months
- Answer ✓✓4 Notes Payables must be paid in 12 months
Using LIFO in a period of inflation would of remaining goods.
A+ TEST BANK 3
, NAB CORE FINAL EXAM LATEST 2025
1. Raise the value
2. Lower the value
3. Have no effect
4. Capitalize the cost of the remaining goods
- Answer ✓✓1
The largest controllable cost is .
1. Labor
2. Nursing supplies
3. Food costs
4. Medications
- Answer ✓✓1
purpose of accelerated depreciation is to encourage businesses to .
1. Increase capital on hand
2. Reduce costs
3. Invest in new equipment and buildings
4. Hire more nursing staff
- Answer ✓✓3
Using several different depreciation schedules for an asset .
1. Is acceptable and encouraged by the IRS
2. Violates GAAP
3. Lowers the value of existing assets
A+ TEST BANK 4
