NAB Exam- Everything that is needed to know is here!!

NAB Exam- Everything that is needed to know is here!! A line authority position is characterized by - Answer ️️ -Decision making vested in the supervisor An example of line authority is - Answer ️️ -Administrator Major schools of thought regarding source of authority are - Answer ️️ -formal and subordinate acceptance The scope of authority in the operation of the nursing facility is greatest at which level - Answer ️️ -Ownership Ultimate authority in a private corporate nursing facility is with the - Answer ️️ -Board of directors Managerial authority is power - Answer ️️ -to command, issue orders or exact action by subordinates Decentralized authority is characterized by - Answer ️️ -process of delegating authority Centralized authority is - Answer ️️ -vesting decision making in top managment Authority vested in a supervisory nurse is - Answer ️️ -middle management authority Decision making authority is when a supervisor - Answer ️️ -hires, fires and makes judgmental decisions Concepts of modern management recommend that an effective administrator will delegate - Answer ️️ -operational authority Unity of command refers to - Answer ️️ -reporting to one supervisor Which of the following forms of business is considered the oldest form of business - Answer ️️ -sole proprietorship The term proprietorship as it relates to the nursing facility industry means - Answer ️️ - privately owned The majority of nursing facility beds in the united states are owned by - Answer ️️ - corporations Which of the following forms of ownership must have articles drawn up and reduced to writing? - Answer ️️ -corporation Under which form of ownership would the administrator have the greatest latitude of authority and decision making? - Answer ️️ -Sole proprietorship All but one are considered advantages of sole proprietorship - Answer ️️ -Unlimited liability All but one are considered disadvantages of a partnership - Answer ️️ -Retention of valuable employees A corporation is - Answer ️️ -a legal entity created by law to carry on a business or profession Which one of the following forms of business ownership is considered the most important? - Answer ️️ -Corporation A nonprofit corporation is one which - Answer ️️ -makes a profit but returns it to the operation of business Pursuant to the Code of Federal Regulations, 42 CFR part 483, a facility wishing to participate in medicare must have - Answer ️️ -a governing body The role of the governing body pursuant to the Code of Federal Regulation 42 CFR Part 483 is to - Answer ️️ -establish and implement policies regarding management and operation of the facility The Code of Federal Regulations 42 CFR part 483 requires that the facility disclose - Answer ️️ -officers, directors, agents, or management employees The role of the administrator in a modern nursing facility is to - Answer ️️ -advise the governing body and carry out their decisions According to the Code of Federal Regulations 42 CFR Part 483 the administrator appointed by the governing body must be - Answer ️️ -licensed by the state and responsible for the management of the facility An objective may be defined as - Answer ️️ -organizing The first step in planning is - Answer ️️ -setting the objectives of the organization Effective management is best carried out by following which method? - Answer ️️ - management by objectives Management by objectives involves - Answer ️️ -plurality of objectives Which of the following objectives would be considered first in establishing a new nursing facility? - Answer ️️ -Type of facility An administrator of a proprietary nursing facility should be primarily concerned with which one of the following objectives? - Answer ️️ -Quality of care Which one of the functions of management would be accomplished first? - Answer ️️ -planning Relative to setting objectives, which task listed below would be of primary importance for the administrator to accomplish? - Answer ️️ -constantly review and reassess objectives of the nursing facility Which one of the following statements is true? - Answer ️️ -Every department in the nursing facility should have goals or objectives Since there is a plurality of objectives in a nursing facility, the facility should concern itself with - Answer ️️ -long and short term goals Planning is primarily concerned with - Answer ️️ -use of facts to determine course of action for the future Strategic planning - Answer ️️ -helps the facility to re evaluate its mission and identify its long term goals. Planning on a broad scale is carried on primarily by a - Answer ️️ -administrator Planning involves all but one of the following - Answer ️️ -personnel decisions Which of the following is not a function of the administrator? - Answer ️️ -ultimate approval of all policies (governing board does that) Planning at the top level of management is best characterized as - Answer ️️ -broad, far- reaching, and basic In the process of planning, which guideline should be followed? - Answer ️️ -involve as many managers as possible Considering the functions of management such as: directing, organizing, coordination, controlling and planning, which of these functions would be first? - Answer ️️ -planning The technique of forecasting is important in the modern nursing facility. The accuracy of the administrator's forecasts will affect the success of planning. Forecasts are expected to be - Answer ️️ -a reasonable estimate of what reality will be in the future In the process of planning, the administrator should - Answer ️️ -constantly check, recheck, and modify the plan if necessarry A short range plan covers which time period? - Answer ️️ -1-2 years A long range plan covers - Answer ️️ -3-5 years The function of management called organizing is best described as - Answer ️️ -the process of grouping various activities of a similar nature and establishing authority relationships At which operational level in a nursing facility does organizing take place? - Answer ️️ -at all dept levels within the organized stru