NAB RCAL Exam With Correctly Answered Questions.
1. Breakeven Point? total cost = total revenue
2. Working capital ratio current assets / current liabilities
3. Acid-test (quick) ratio (cash + AR + short-term investments) / current liabilities
4. debt to assets ratio total liabilities/total assets
5. FTE (full time equivalent) total number of hours per employee in a week / 40 (i.e.
12+14+40+30 div. by 40)
6. Profit margin NOI/Tot. Revenue. Defined as "income to sales. 2
types, gross prof margin and net prof margin)
7. Net Operating Income (NOI) Total (gross) Revenue - operating expenses
8. Occupancy rate (# of resident days/facility beds) x 365
9. HCS Hazard Communication Standard. OSHA standard
requiring employers to inform workers of potentially
hazardous chem- icals.
10. Balance sheet formula Assets = Liabilities + Shareholders Equity
11. EBITDA Earnings before interest, taxes, depreciation, and
amortization
12. Amortization the reduction of a loan balance through payments
made over a period of time
13. revenue cycle management resident needs->service planning->staflng-
>billing/collec- tions->
14. FICA SS Tax and Medicare Tax 6.2% and 1.45%
15. 4 elements of a valid contract
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, NAB RCAL Exam With Correctly Answered Questions.
agreement, consideration, contractual capacity, legality (in
writing) "ACCL"
16. Liability insurance Bodily injury and property damage
usually covers..
17. Lock out tag out For all electrical equipment
18. safe electrical practices National Electrical Code or NEC
19. Following NFPA Life fire plan, regular fire drills, detectors, training on
Safety Code
procedure, non combustable furnishing/draperies
20. Extinguisher class A ordinary combustibles such as wood/paper
21. Extinguisher Class B For flammable liquids and gas fires (grease, paint)
22. Extinguisher class C Live electrical equipment (panelling)
23. Extinguisher class D Combustable metals (aluminum)
24. Extinguisher class K Commercial cooking equipment (cooking oil, animal
fats)
25. PASS (Fire Safety) P - Pull the pin.
A - Aim at the base of the fire, not at the
flames. S - Squeeze the lever.
S - Sweep the nozzle from side to side.
26. R.A.C.E. (Fire safety) rescue, alarm, contain, extinguish
27. Accrual Basis Accounting reporting income when it is earned and expenses when
they
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, NAB RCAL Exam With Correctly Answered Questions.
are incurred
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1. Breakeven Point? total cost = total revenue
2. Working capital ratio current assets / current liabilities
3. Acid-test (quick) ratio (cash + AR + short-term investments) / current liabilities
4. debt to assets ratio total liabilities/total assets
5. FTE (full time equivalent) total number of hours per employee in a week / 40 (i.e.
12+14+40+30 div. by 40)
6. Profit margin NOI/Tot. Revenue. Defined as "income to sales. 2
types, gross prof margin and net prof margin)
7. Net Operating Income (NOI) Total (gross) Revenue - operating expenses
8. Occupancy rate (# of resident days/facility beds) x 365
9. HCS Hazard Communication Standard. OSHA standard
requiring employers to inform workers of potentially
hazardous chem- icals.
10. Balance sheet formula Assets = Liabilities + Shareholders Equity
11. EBITDA Earnings before interest, taxes, depreciation, and
amortization
12. Amortization the reduction of a loan balance through payments
made over a period of time
13. revenue cycle management resident needs->service planning->staflng-
>billing/collec- tions->
14. FICA SS Tax and Medicare Tax 6.2% and 1.45%
15. 4 elements of a valid contract
1/
20
, NAB RCAL Exam With Correctly Answered Questions.
agreement, consideration, contractual capacity, legality (in
writing) "ACCL"
16. Liability insurance Bodily injury and property damage
usually covers..
17. Lock out tag out For all electrical equipment
18. safe electrical practices National Electrical Code or NEC
19. Following NFPA Life fire plan, regular fire drills, detectors, training on
Safety Code
procedure, non combustable furnishing/draperies
20. Extinguisher class A ordinary combustibles such as wood/paper
21. Extinguisher Class B For flammable liquids and gas fires (grease, paint)
22. Extinguisher class C Live electrical equipment (panelling)
23. Extinguisher class D Combustable metals (aluminum)
24. Extinguisher class K Commercial cooking equipment (cooking oil, animal
fats)
25. PASS (Fire Safety) P - Pull the pin.
A - Aim at the base of the fire, not at the
flames. S - Squeeze the lever.
S - Sweep the nozzle from side to side.
26. R.A.C.E. (Fire safety) rescue, alarm, contain, extinguish
27. Accrual Basis Accounting reporting income when it is earned and expenses when
they
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20
, NAB RCAL Exam With Correctly Answered Questions.
are incurred
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20
