NAB RCAL Exam Questions With 100% Correct Answers 2024

NAB RCAL Exam Questions With 100% Correct Answers 2024 Breakeven Point? - answertotal cost = total revenue Working capital ratio - answercurrent assets / current liabilities Acid-test (quick) ratio - answer(cash + AR + short-term investments) / current liabilities debt to assets ratio - answertotal liabilities/total assets FTE (full time equivalent) - answertotal number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40) Profit margin - answerNOI/Tot. Revenue. Defined as "income to sales. 2 types, gross prof margin and net prof margin) Net Operating Income (NOI) - answerTotal (gross) Revenue - operating expenses Occupancy rate - answer(# of resident days/facility beds) x 365 HCS - answerHazard Communication Standard. OSHA standard requiring employers to inform workers of potentially hazardous chemicals. Balance sheet formula - answerAssets = Liabilities + Shareholders Equity EBITDA - answerEarnings before interest, taxes, depreciation, and amortization Amortization - answerthe reduction of a loan balance through payments made over a period of time revenue cycle management - answerresident needs-service planning-staffing- billing/collections- FICA SS Tax and Medicare Tax - answer6.2% and 1.45% 4 elements of a valid contract - answeragreement, consideration, contractual capacity, legality (in writing) "ACCL" Liability insurance usually covers.. - answerBodily injury and property damage Lock out tag out - answerFor all electrical equipment safe electrical practices - answerNational Electrical Code or NEC Following NFPA Life Safety Code - answerfire plan, regular fire drills, detectors, training on procedure, non combustable furnishing/draperies Extinguisher class A - answerordinary combustibles such as wood/paper Extinguisher Class B - answerFor flammable liquids and gas fires (grease, paint) Extinguisher class C - answerLive electrical equipmen