NAB RCAL EXAM NEWEST 2026 ACTUAL
EXAM COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS)/NEWEST UPDATE!!!
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->
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
EXAM COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS)/NEWEST UPDATE!!!
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->
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
