CORRECT ANSWERS 2025/2026
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BreakevenAPoint?A-AcorrectAanswerstotalAcostA=AtotalArevenue
WorkingAcapitalAratioA-AcorrectAanswerscurrentAassetsA/AcurrentAliabilities
Acid-testA(quick)AratioA-AcorrectAanswers(cashA+AARA+Ashort-
termAinvestments)A/AcurrentAliabilities
debtAtoAassetsAratioA-AcorrectAanswerstotalAliabilities/totalAassets
FTEA(fullAtimeAequivalent)A-
AcorrectAanswerstotalAnumberAofAhoursAperAemployeeAinAaAweekA/A40A(i.e.A12+14+40+30Adiv.Ab
yA40)
ProfitAmarginA-
AcorrectAanswersNOI/Tot.ARevenue.ADefinedAasA"incomeAtoAsales.A2Atypes,AgrossAprofAmarginAa
ndAnetAprofAmargin)
NetAOperatingAIncomeA(NOI)A-AcorrectAanswersTotalA(gross)ARevenueA-AoperatingAexpenses
OccupancyArateA-AcorrectAanswers(#AofAresidentAdays/facilityAbeds)AxA365
HCSA-
AcorrectAanswersHazardACommunicationAStandard.AOSHAAstandardArequiringAemployersAtoAinf
ormAworkersAofApotentiallyAhazardousAchemicals.
BalanceAsheetAformulaA-AcorrectAanswersAssetsA=ALiabilitiesA+AShareholdersAEquity
EBITDAA-AcorrectAanswersEarningsAbeforeAinterest,Ataxes,Adepreciation,AandAamortization
AmortizationA-
AcorrectAanswerstheAreductionAofAaAloanAbalanceAthroughApaymentsAmadeAoverAaAperiodAofAti
me
revenueAcycleAmanagementA-AcorrectAanswersresidentAneeds->serviceAplanning->staffing-
>billing/collections->
FICAASSATaxAandAMedicareATaxA-AcorrectAanswers6.2%AandA1.45%
4AelementsAofAaAvalidAcontractA-
AcorrectAanswersagreement,Aconsideration,AcontractualAcapacity,AlegalityA(inAwriting)A"ACCL"
LiabilityAinsuranceAusuallyAcovers..A-AcorrectAanswersBodilyAinjuryAandApropertyAdamage
LockAoutAtagAoutA-AcorrectAanswersForAallAelectricalAequipment
safeAelectricalApracticesA-AcorrectAanswersNationalAElectricalACodeAorANEC
, FollowingANFPAALifeASafetyACodeA-
AcorrectAanswersfireAplan,AregularAfireAdrills,Adetectors,AtrainingAonAprocedure,AnonAcombusta
bleAfurnishing/draperies
ExtinguisherAclassAAA-AcorrectAanswersordinaryAcombustiblesAsuchAasAwood/paper
ExtinguisherAClassABA-AcorrectAanswersForAflammableAliquidsAandAgasAfiresA(grease,Apaint)
ExtinguisherAclassACA-AcorrectAanswersLiveAelectricalAequipmentA(panelling)
ExtinguisherAclassADA-AcorrectAanswersCombustableAmetalsA(aluminum)
ExtinguisherAclassAKA-
AcorrectAanswersCommercialAcookingAequipmentA(cookingAoil,AanimalAfats)
PASSA(FireASafety)A-AcorrectAanswersPA-APullAtheApin.
AA-AAimAatAtheAbaseAofAtheAfire,AnotAatAtheAflames.
SA-ASqueezeAtheAlever.
SA-ASweepAtheAnozzleAfromAsideAtoAside.
R.A.C.E.A(FireAsafety)A-AcorrectAanswersrescue,Aalarm,Acontain,Aextinguish
AccrualABasisAAccountingA-
AcorrectAanswersreportingAincomeAwhenAitAisAearnedAandAexpensesAwhenAtheyAareAincurred
CashABasisAAccountingA-
AcorrectAanswersReportingAincomeAwhenAtheAcashAisAreceivedAandAexpensesAwhenAtheAcashAis
Apaid.
LLCA(LimitedALiabilityACompany)A-
AcorrectAanswersLimitedAliability,ApassAthroughAincomeAtaxation,Aflexibility
SAcorporationA-
AcorrectAanswersAAuniqueAgovernmentAcreationAthatAlooksAlikeAaAcorporationAbutAisAtaxedAlikeA
soleAproprietorshipsAandApartnerships
NetAWorthAFormulaA-AcorrectAanswersAssetsA-ALiabilities
DementiaALivingAEnvironmentA-
AcorrectAanswersResidentialAlivingAwithAclinicalAaspects.Asafe,Aquiet,Asecured