NAB CORE RCAL-FINANCIAL Questions
and Answers (Latest Update 2025)
The part of the Medicare program that pays for physician
services, outpatient hospital services, durable medical
equipment, and other services and supplies. - Correct
Answer ✅Medicare Part B
The part of the Medicare program that pays for
hospitalization, care in a skilled nursing facility, home health
care, and hospice care. - Correct Answer ✅Medicare Part A
Prescription drug coverage - Correct Answer ✅Medicare
Part D
Prohibits the solicitation, receiving, offering, or paying of any
remuneration directly or indirectly in cash or in kind in
exchange. - Correct Answer ✅Anti Kickback Law
A federal and state assistance program that pays for health
care services for people who cannot afford them. - Correct
Answer ✅Medicaid
, NAB CORE RCAL-FINANCIAL Questions
and Answers (Latest Update 2025)
protects health insurance coverage for workers and their
families when they lose their jobs. Coverage under COBRA for
18 months - Correct Answer ✅HIPPA Title I
national standards for electronic healthcare transactions,
national identifiers for providers, confidential record keeping,
access to records - Correct Answer ✅HIPPA Title II
W/out consent only for providing treatment, obtaining
payment, performing non treatment operational tasks -
Correct Answer ✅HIPPA CONT
Truth in financial reporting which provides SEC oversight.
Financials checked by independent auditors. Monitor and
report internal controls. Annual assessment due to SEC.
CEO/CFO must sign off on all audits. - Correct Answer
✅Sarbanes-Oxley Act
the difference between the total debits and the total credits
in an account - Correct Answer ✅account balance
and Answers (Latest Update 2025)
The part of the Medicare program that pays for physician
services, outpatient hospital services, durable medical
equipment, and other services and supplies. - Correct
Answer ✅Medicare Part B
The part of the Medicare program that pays for
hospitalization, care in a skilled nursing facility, home health
care, and hospice care. - Correct Answer ✅Medicare Part A
Prescription drug coverage - Correct Answer ✅Medicare
Part D
Prohibits the solicitation, receiving, offering, or paying of any
remuneration directly or indirectly in cash or in kind in
exchange. - Correct Answer ✅Anti Kickback Law
A federal and state assistance program that pays for health
care services for people who cannot afford them. - Correct
Answer ✅Medicaid
, NAB CORE RCAL-FINANCIAL Questions
and Answers (Latest Update 2025)
protects health insurance coverage for workers and their
families when they lose their jobs. Coverage under COBRA for
18 months - Correct Answer ✅HIPPA Title I
national standards for electronic healthcare transactions,
national identifiers for providers, confidential record keeping,
access to records - Correct Answer ✅HIPPA Title II
W/out consent only for providing treatment, obtaining
payment, performing non treatment operational tasks -
Correct Answer ✅HIPPA CONT
Truth in financial reporting which provides SEC oversight.
Financials checked by independent auditors. Monitor and
report internal controls. Annual assessment due to SEC.
CEO/CFO must sign off on all audits. - Correct Answer
✅Sarbanes-Oxley Act
the difference between the total debits and the total credits
in an account - Correct Answer ✅account balance
