NAB EXAM QUESTIONS WITH
ANSWERS LATEST UPDATE ALREADY
GRADED A+
_____ are those assets that will NOT be liquidated within
the year.
A. Current liabilities
B. Current assets
C. Noncurrent assets
D. Capital accounts - correct answer- C.
Noncurrent assets.
Noncurrent assets refer to those assets that will not be
liquidated within the year; they usually include plant (the
building), property, and equipment. These are also called
fixed assets and are recorded at their cost at the time of
purchase, rather than their current market value.
_____ can be defined as any event that can lead to
actions which may cause economic losses or damage to
the facility or its reputation.
,A. Liability
B. Risk
C. Mitigation
D. Respondeat superior - correct answer- B.
Risk.
A risk can be defined as any event or process that can lead
to actions which result, directly or indirectly, in economic
losses or damage to the facility or its reputation.
_____ centers are units of the facility identified with
certain costs.
A. Cost
B. Loss
C. Revenue
D. Break-even - correct answer- A. Cost.
Cost centers are units of the facility identified with certain
costs. Revenue centers are almost always cost centers
because the revenue-earning departments also have costs
,directly associated with them. Interest as a revenue
center has little or no costs associated with it. All other
departments, such as administration, maintenance,
housekeeping, and usually dietary and laundry, are cost
centers.
_____ costs are those that cannot be directly associated
with a revenue-producing center but support the
functions of the resident care centers.
A. Revenue
B. Direct
C. Break-even
D. Indirect - correct answer- D. Indirect.
Indirect costs are those that cannot be directly associated
with a revenue-producing center yet support the
functions of the resident care centers (or other care
centers, such as an adult day-care center). Indirect costs
of the nursing department would be administration,
payroll, utility, housekeeping, maintenance, dietary,
laundry, plant depreciation, tax, and interest expenses
, that keep these departments running. For this reason,
indirect costs are also known as support service costs.
_____ depends upon the presentation and tastiness of
food.
A. Percent of food eaten
B. Decreased dietary complaints
C. Appetite
D. Food waste - correct answer- C. Appetite.
Appetite depends on presentation as well as tastiness.
Facilities must strive to present food to residents in the
same manner as a good restaurant. Color and texture
matter. Temperature matters. Hot food that is hot and
cold food that is cold is expected at the point of service.
_____ inevitably arise due to personality clashes and
arguments among team members.
A. Complaints
B. Workplace concerns
ANSWERS LATEST UPDATE ALREADY
GRADED A+
_____ are those assets that will NOT be liquidated within
the year.
A. Current liabilities
B. Current assets
C. Noncurrent assets
D. Capital accounts - correct answer- C.
Noncurrent assets.
Noncurrent assets refer to those assets that will not be
liquidated within the year; they usually include plant (the
building), property, and equipment. These are also called
fixed assets and are recorded at their cost at the time of
purchase, rather than their current market value.
_____ can be defined as any event that can lead to
actions which may cause economic losses or damage to
the facility or its reputation.
,A. Liability
B. Risk
C. Mitigation
D. Respondeat superior - correct answer- B.
Risk.
A risk can be defined as any event or process that can lead
to actions which result, directly or indirectly, in economic
losses or damage to the facility or its reputation.
_____ centers are units of the facility identified with
certain costs.
A. Cost
B. Loss
C. Revenue
D. Break-even - correct answer- A. Cost.
Cost centers are units of the facility identified with certain
costs. Revenue centers are almost always cost centers
because the revenue-earning departments also have costs
,directly associated with them. Interest as a revenue
center has little or no costs associated with it. All other
departments, such as administration, maintenance,
housekeeping, and usually dietary and laundry, are cost
centers.
_____ costs are those that cannot be directly associated
with a revenue-producing center but support the
functions of the resident care centers.
A. Revenue
B. Direct
C. Break-even
D. Indirect - correct answer- D. Indirect.
Indirect costs are those that cannot be directly associated
with a revenue-producing center yet support the
functions of the resident care centers (or other care
centers, such as an adult day-care center). Indirect costs
of the nursing department would be administration,
payroll, utility, housekeeping, maintenance, dietary,
laundry, plant depreciation, tax, and interest expenses
, that keep these departments running. For this reason,
indirect costs are also known as support service costs.
_____ depends upon the presentation and tastiness of
food.
A. Percent of food eaten
B. Decreased dietary complaints
C. Appetite
D. Food waste - correct answer- C. Appetite.
Appetite depends on presentation as well as tastiness.
Facilities must strive to present food to residents in the
same manner as a good restaurant. Color and texture
matter. Temperature matters. Hot food that is hot and
cold food that is cold is expected at the point of service.
_____ inevitably arise due to personality clashes and
arguments among team members.
A. Complaints
B. Workplace concerns
