NAB RCAL EXAM QUESTIONS AND ANSWERS 2025
Breakeven Point? - (ANSWER)total cost = total revenue
Working capital ratio - (ANSWER)current assets / current liabilities
Acid-test (quick) ratio - (ANSWER)(cash + AR + short-term investments) / current liabilities
debt to assets ratio - (ANSWER)total liabilities/total assets
FTE (full time equivalent) - (ANSWER)total number of hours per employee in a week / 40 (i.e.
12+14+40+30 div. by 40)
Profit margin - (ANSWER)NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross prof margin and
net prof margin)
Net Operating Income (NOI) - (ANSWER)Total (gross) Revenue - operating expenses
Occupancy rate - (ANSWER)(# of resident days/facility beds) x 365
HCS - (ANSWER)Hazard Communication Standard. OSHA standard requiring employers to inform
workers of potentially hazardous chemicals.
Balance sheet formula - (ANSWER)Assets = Liabilities + Shareholders Equity
EBITDA - (ANSWER)Earnings before interest, taxes, depreciation, and amortization
Amortization - (ANSWER)the reduction of a loan balance through payments made over a period of time
revenue cycle management - (ANSWER)resident needs->service planning->staffing->billing/collections->
, NAB RCAL EXAM QUESTIONS AND ANSWERS 2025
FICA SS Tax and Medicare Tax - (ANSWER)6.2% and 1.45%
4 elements of a valid contract - (ANSWER)agreement, consideration, contractual capacity, legality (in
writing) "ACCL"
Liability insurance usually covers.. - (ANSWER)Bodily injury and property damage
Lock out tag out - (ANSWER)For all electrical equipment
safe electrical practices - (ANSWER)National Electrical Code or NEC
Following NFPA Life Safety Code - (ANSWER)fire plan, regular fire drills, detectors, training on procedure,
non combustable furnishing/draperies
Extinguisher class A - (ANSWER)ordinary combustibles such as wood/paper
Extinguisher Class B - (ANSWER)For flammable liquids and gas fires (grease, paint)
Extinguisher class C - (ANSWER)Live electrical equipment (panelling)
Extinguisher class D - (ANSWER)Combustable metals (aluminum)
Extinguisher class K - (ANSWER)Commercial cooking equipment (cooking oil, animal fats)
PASS (Fire Safety) - (ANSWER)P - Pull the pin.
A - Aim at the base of the fire, not at the flames.
Breakeven Point? - (ANSWER)total cost = total revenue
Working capital ratio - (ANSWER)current assets / current liabilities
Acid-test (quick) ratio - (ANSWER)(cash + AR + short-term investments) / current liabilities
debt to assets ratio - (ANSWER)total liabilities/total assets
FTE (full time equivalent) - (ANSWER)total number of hours per employee in a week / 40 (i.e.
12+14+40+30 div. by 40)
Profit margin - (ANSWER)NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross prof margin and
net prof margin)
Net Operating Income (NOI) - (ANSWER)Total (gross) Revenue - operating expenses
Occupancy rate - (ANSWER)(# of resident days/facility beds) x 365
HCS - (ANSWER)Hazard Communication Standard. OSHA standard requiring employers to inform
workers of potentially hazardous chemicals.
Balance sheet formula - (ANSWER)Assets = Liabilities + Shareholders Equity
EBITDA - (ANSWER)Earnings before interest, taxes, depreciation, and amortization
Amortization - (ANSWER)the reduction of a loan balance through payments made over a period of time
revenue cycle management - (ANSWER)resident needs->service planning->staffing->billing/collections->
, NAB RCAL EXAM QUESTIONS AND ANSWERS 2025
FICA SS Tax and Medicare Tax - (ANSWER)6.2% and 1.45%
4 elements of a valid contract - (ANSWER)agreement, consideration, contractual capacity, legality (in
writing) "ACCL"
Liability insurance usually covers.. - (ANSWER)Bodily injury and property damage
Lock out tag out - (ANSWER)For all electrical equipment
safe electrical practices - (ANSWER)National Electrical Code or NEC
Following NFPA Life Safety Code - (ANSWER)fire plan, regular fire drills, detectors, training on procedure,
non combustable furnishing/draperies
Extinguisher class A - (ANSWER)ordinary combustibles such as wood/paper
Extinguisher Class B - (ANSWER)For flammable liquids and gas fires (grease, paint)
Extinguisher class C - (ANSWER)Live electrical equipment (panelling)
Extinguisher class D - (ANSWER)Combustable metals (aluminum)
Extinguisher class K - (ANSWER)Commercial cooking equipment (cooking oil, animal fats)
PASS (Fire Safety) - (ANSWER)P - Pull the pin.
A - Aim at the base of the fire, not at the flames.
