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NAB Exam - NHA LOS Practice Exam 1 Questions and Answers
with Complete Solutions UPDATED!!!
_____ are often the largest source of deductions from revenue
in nursing facilities.
A. Write-offs
B. Charity care days
C. Bad debts
D. Contractual discounts - ANSWER D. Contractual discounts.
Contractual discounts are often the largest source of deductions
from revenue in nursing facilities. Because most deductions
cannot be confirmed until payment has been received, they are
accounted for in the Billings Journal when known rather than
estimated.
A facility of 120 residents with 30 to 40 new admissions each
month would likely _____ physical therapy services.
A. Offer in-house
B. Contract for a few hours per week any
C. Not offer
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D. Routinely send residents out for - ANSWER A. Offer in-house.
Larger facilities often find it more cost effective to have in-
house therapy services, where therapists are employees of the
facility.
A facility with long-term debt of $4,000,000 and a total equity
of $3,000,000 has a debt-to-equity ratio of _____, which is
_____ the industry average.
A. 1.33/considerably above
B. 1.33/considerably below
C. 2.33/far above
D. 2.33/well below - ANSWER A. 1.33/considerably above.
Debt-to-equity ratio = Long-term debt / Total equityDebt-to-
equity ratio = 4,000,,000,000 = 1.33, ratio is largeThe
debt-to-equity ratio is a measure of the long-run liquidity of the
facility, or the ability of the facility to meet its long-term debts.
A "small" proportion of debt to equity indicates that the facility
could incur more long-term debt, other things being equal, if
needed; a high debt-to-equity ratio (when compared to the
industry) probably shows that the facility may have more debt
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than may be advisable, all other things being equal. This ratio is
of particular interest to would-be creditors.
A useful form that summarizes the facility's occupancy, listing
daily admissions, discharges, and transfers, is known as the
_____.
A. Daily census form
B. Headcount
C. Weekly census report
D. Occupancy ratio - ANSWER A. Daily census form.
The routine charge may be determined on a daily, weekly, or
monthly basis and is calculated with the aid of the daily census
form. This is a summary of the facility's occupancy that lists, for
each day, admissions, discharges, and transfers by level of care,
if more than one is offered by the facility.
Accidents and illnesses requiring first aid and NOT resulting in
work loss _____ reported.
A. Do not have to be
B. Must be
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C. Should be
D. Must always be - ANSWER A. Do not have to be.
Accidents and illnesses that do not have to be reported require
only first aid and do not result in any work time lost.
Activities such as empowering department heads, setting the
tone, and settling territorial disputes are normally associated
MOST closely with the _____.
A. Business office
B. Admissions team
C. Nursing area
D. Administrator's office - ANSWER D. Administrator's office.
The administrator is responsible for ensuring that all work is
accomplished according to policy at an acceptable level of
quality. They are responsible for a myriad of duties which
include managing department heads and keeping the peace
between them.
NAB Exam - NHA LOS Practice Exam 1 Questions and Answers
with Complete Solutions UPDATED!!!
_____ are often the largest source of deductions from revenue
in nursing facilities.
A. Write-offs
B. Charity care days
C. Bad debts
D. Contractual discounts - ANSWER D. Contractual discounts.
Contractual discounts are often the largest source of deductions
from revenue in nursing facilities. Because most deductions
cannot be confirmed until payment has been received, they are
accounted for in the Billings Journal when known rather than
estimated.
A facility of 120 residents with 30 to 40 new admissions each
month would likely _____ physical therapy services.
A. Offer in-house
B. Contract for a few hours per week any
C. Not offer
, Page |2
D. Routinely send residents out for - ANSWER A. Offer in-house.
Larger facilities often find it more cost effective to have in-
house therapy services, where therapists are employees of the
facility.
A facility with long-term debt of $4,000,000 and a total equity
of $3,000,000 has a debt-to-equity ratio of _____, which is
_____ the industry average.
A. 1.33/considerably above
B. 1.33/considerably below
C. 2.33/far above
D. 2.33/well below - ANSWER A. 1.33/considerably above.
Debt-to-equity ratio = Long-term debt / Total equityDebt-to-
equity ratio = 4,000,,000,000 = 1.33, ratio is largeThe
debt-to-equity ratio is a measure of the long-run liquidity of the
facility, or the ability of the facility to meet its long-term debts.
A "small" proportion of debt to equity indicates that the facility
could incur more long-term debt, other things being equal, if
needed; a high debt-to-equity ratio (when compared to the
industry) probably shows that the facility may have more debt
, Page |3
than may be advisable, all other things being equal. This ratio is
of particular interest to would-be creditors.
A useful form that summarizes the facility's occupancy, listing
daily admissions, discharges, and transfers, is known as the
_____.
A. Daily census form
B. Headcount
C. Weekly census report
D. Occupancy ratio - ANSWER A. Daily census form.
The routine charge may be determined on a daily, weekly, or
monthly basis and is calculated with the aid of the daily census
form. This is a summary of the facility's occupancy that lists, for
each day, admissions, discharges, and transfers by level of care,
if more than one is offered by the facility.
Accidents and illnesses requiring first aid and NOT resulting in
work loss _____ reported.
A. Do not have to be
B. Must be
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C. Should be
D. Must always be - ANSWER A. Do not have to be.
Accidents and illnesses that do not have to be reported require
only first aid and do not result in any work time lost.
Activities such as empowering department heads, setting the
tone, and settling territorial disputes are normally associated
MOST closely with the _____.
A. Business office
B. Admissions team
C. Nursing area
D. Administrator's office - ANSWER D. Administrator's office.
The administrator is responsible for ensuring that all work is
accomplished according to policy at an acceptable level of
quality. They are responsible for a myriad of duties which
include managing department heads and keeping the peace
between them.
