NAB CORE FINAL EXAM 2024/2025 QUESTIONS AND
VERIFIED CORRECT ANSWERS/ALREADY GRADED A++
Hospice care is provided in a multi-disciplinary approach. The team is
commonly comprised of - ANSWER Physicians, caregivers, pharmacists,
social workers, chaplains, and volunteers
Which of the following best describes a primary difference between a not-
for-profit and a for-profit organization? - ANSWER A for-profit organization
may distribute profits to its shareholders
What type of financial statement is derived from analysis of other
statements and has more detail on financial activity? - ANSWER Profit and
loss
FIFO inventory method - ANSWER stands for first in, first out; states that
assets (inventory) produced or purchased first, are then sold, used or
disposed of first
A healthcare organization has just purchased equipment for a total cost of
$15,000. The equipment has useful life of five years and the administrator
is planning to charge a depreciation expense of $3,000 per year. Which
depreciation method is being used? - ANSWER Straight-line depreciation
The LIFO and FIFO methods of inventory costing both account for the
effects of which of the following factors on the price of inventory? -
ANSWER Depreciation value
A guest falls and is injured while visiting a healthcare organization office.
Which of the following types of insurance would cover this injury? -
ANSWER General liability insurance
Most often a third party payer, such as Medicaid or a long-term insurer, will
negotiate a lower rate for services rendered. The difference of funds that is
uncollectable between the full charges and the amount that is actually paid
by a third party payer is called - ANSWER Contractual allowances
If overall revenue declines and census remains stable, an important
financial area to review would be - ANSWER Ancillary revenue
,When the actual supply cost substantially exceeds the expected cost, the
administrator should initially - ANSWER Investigate probable breach of
security
The operating performance for a specific span of time is measured by the -
ANSWER Statement of financial condition
A direct cost is - ANSWER Linked to a specific objective, responsibility, or
function
In deciding which style of management to employ while running the day-to-
day operations of a healthcare organization, the administrator's best
approach is to - ANSWER Use a mix of styles while integrating it into the
overall organization, goals, and operation
Which of the following is a mechanism for keeping employees informed of
their strengths and weaknesses on the job? - ANSWER Performance
evaluation
The purpose of the Occupational Safety and Health Act (OSHA) of 1970 is
to - ANSWER Provide each employee with a safe workplace free from
recognized hazards
In order to be in compliance with the Immigration Reform and Control Act of
1986, an I-9 Form must be completed within what time period after the first
date of employment? - ANSWER 90 days
Which of the following is a duty an employer has under the Occupational
Safety and Health Act of 1970? - ANSWER Furnish employment free of
recognized hazards
An employee who believes that he or she has been discriminated against
according to the Americans with Disabilities Act (ADA) must file a complaint
with - ANSWER Equal Employment Opportunity Commission (EEOC
Healthcare organizations are required by the Occupational Safety and
Health Administration (OSHA) to maintain a log and summary of
occupational injuries and illnesses and to display the log in healthcare
organizations - ANSWER Within five days of an injury or illness
,What question may not be asked of a job applicant by a prospective
employer? - ANSWER What kind of discharge did you receive from the
military
Under the Americans with Disabilities Act of 1990 (ADA), which of the
following is considered a reasonable accommodation for an employee with
a disability? - ANSWER Switching offices to accommodate the employee
An employee with 30 years experience at a healthcare organization was
not chosen to attend a training and asked the supervisor why. The
supervisor said, "you've been with the company for a long time, and I
assumed you would retire before then." In doing so, the supervisor -
ANSWER Discriminated against the employee because of the employee's
age
A healthcare organization's handbook - ANSWER Should be clearly written
enough to leave no latitude for interpretation
The Health Insurance Portability and Accountability Act of 1996 (HIPAA)
ensures a care recipient's right to - ANSWER Request restrictions on
certain uses and disclosures of personal health information
Mrs. J has completed a Do Not Resuscitate (DNR) form. A friend of hers
comes to the office, upset that Mrs. J has chosen to have a DNR and asks
for a copy of the DNR to discuss it with Mrs. J. The staff should - ANSWER
Not release the form because of confidentiality
Delirium is a medical issue defined as a - ANSWER State of mental
confusion characterized by disorientation
Policies & Procedures are -ANSWER Specific to the place where you work
Policy -ANSWER standard that must be met
Procedure -ANSWER A specific direction on how to interpret the policy and
carry it out
Unit-Dose drug distribution system -ANSWER provides patient-specific,
individually packaged medication, which minimizes caregiver
manipulation/error
, The most important method of preventing the spread of infection is -
ANSWER washin hands
At minimum Pain assessments should be completed -ANSWER On
admission, any change of condition, at any time suspected, and quarterly
Adult Protective Services -ANSWER State and local agencies that
investigate reports of abuse and neglect,servicesexploitation, or
abandonment. Referrals to APS can be done when eitherthe person
neglects him or herself or when someone else neglects or abuses an adult
person
Aging and Disability -ANSWER Single point-of-entry into the long-term
supports and services system Resource Centers for older adults and
people with disabilities. Through coordination of (ADRCs) existing aging
and disability service systems, ADRCs raise visibility about the full range of
options that are available, provide objective information, counseling and
assistance; empower people to make informed decisions about their long-
term care; and help people more easily access public and private long-term
supports and services
baseline -ANSWER A person's usual, customary, initial or most common
(depending on the
item) range or level of somethi
ng: for example, behavior, mood,
laboratory values, vital signs, endurance, function. Baseline information
is often used as a basis for comparing
findings and results over time.
bereavement -ANSWER The act of grieving someone's death.
Bereavement is the total response
to a death and includes the process of healing or recovery from the
death . Although there are similarities in the say that persons respond to
grief, there are also marked differences. Each person will grieve in their
own way and time.
Care Area -ANSWER The MDS does not constitute a comprehensive
assessment. Rather it is
VERIFIED CORRECT ANSWERS/ALREADY GRADED A++
Hospice care is provided in a multi-disciplinary approach. The team is
commonly comprised of - ANSWER Physicians, caregivers, pharmacists,
social workers, chaplains, and volunteers
Which of the following best describes a primary difference between a not-
for-profit and a for-profit organization? - ANSWER A for-profit organization
may distribute profits to its shareholders
What type of financial statement is derived from analysis of other
statements and has more detail on financial activity? - ANSWER Profit and
loss
FIFO inventory method - ANSWER stands for first in, first out; states that
assets (inventory) produced or purchased first, are then sold, used or
disposed of first
A healthcare organization has just purchased equipment for a total cost of
$15,000. The equipment has useful life of five years and the administrator
is planning to charge a depreciation expense of $3,000 per year. Which
depreciation method is being used? - ANSWER Straight-line depreciation
The LIFO and FIFO methods of inventory costing both account for the
effects of which of the following factors on the price of inventory? -
ANSWER Depreciation value
A guest falls and is injured while visiting a healthcare organization office.
Which of the following types of insurance would cover this injury? -
ANSWER General liability insurance
Most often a third party payer, such as Medicaid or a long-term insurer, will
negotiate a lower rate for services rendered. The difference of funds that is
uncollectable between the full charges and the amount that is actually paid
by a third party payer is called - ANSWER Contractual allowances
If overall revenue declines and census remains stable, an important
financial area to review would be - ANSWER Ancillary revenue
,When the actual supply cost substantially exceeds the expected cost, the
administrator should initially - ANSWER Investigate probable breach of
security
The operating performance for a specific span of time is measured by the -
ANSWER Statement of financial condition
A direct cost is - ANSWER Linked to a specific objective, responsibility, or
function
In deciding which style of management to employ while running the day-to-
day operations of a healthcare organization, the administrator's best
approach is to - ANSWER Use a mix of styles while integrating it into the
overall organization, goals, and operation
Which of the following is a mechanism for keeping employees informed of
their strengths and weaknesses on the job? - ANSWER Performance
evaluation
The purpose of the Occupational Safety and Health Act (OSHA) of 1970 is
to - ANSWER Provide each employee with a safe workplace free from
recognized hazards
In order to be in compliance with the Immigration Reform and Control Act of
1986, an I-9 Form must be completed within what time period after the first
date of employment? - ANSWER 90 days
Which of the following is a duty an employer has under the Occupational
Safety and Health Act of 1970? - ANSWER Furnish employment free of
recognized hazards
An employee who believes that he or she has been discriminated against
according to the Americans with Disabilities Act (ADA) must file a complaint
with - ANSWER Equal Employment Opportunity Commission (EEOC
Healthcare organizations are required by the Occupational Safety and
Health Administration (OSHA) to maintain a log and summary of
occupational injuries and illnesses and to display the log in healthcare
organizations - ANSWER Within five days of an injury or illness
,What question may not be asked of a job applicant by a prospective
employer? - ANSWER What kind of discharge did you receive from the
military
Under the Americans with Disabilities Act of 1990 (ADA), which of the
following is considered a reasonable accommodation for an employee with
a disability? - ANSWER Switching offices to accommodate the employee
An employee with 30 years experience at a healthcare organization was
not chosen to attend a training and asked the supervisor why. The
supervisor said, "you've been with the company for a long time, and I
assumed you would retire before then." In doing so, the supervisor -
ANSWER Discriminated against the employee because of the employee's
age
A healthcare organization's handbook - ANSWER Should be clearly written
enough to leave no latitude for interpretation
The Health Insurance Portability and Accountability Act of 1996 (HIPAA)
ensures a care recipient's right to - ANSWER Request restrictions on
certain uses and disclosures of personal health information
Mrs. J has completed a Do Not Resuscitate (DNR) form. A friend of hers
comes to the office, upset that Mrs. J has chosen to have a DNR and asks
for a copy of the DNR to discuss it with Mrs. J. The staff should - ANSWER
Not release the form because of confidentiality
Delirium is a medical issue defined as a - ANSWER State of mental
confusion characterized by disorientation
Policies & Procedures are -ANSWER Specific to the place where you work
Policy -ANSWER standard that must be met
Procedure -ANSWER A specific direction on how to interpret the policy and
carry it out
Unit-Dose drug distribution system -ANSWER provides patient-specific,
individually packaged medication, which minimizes caregiver
manipulation/error
, The most important method of preventing the spread of infection is -
ANSWER washin hands
At minimum Pain assessments should be completed -ANSWER On
admission, any change of condition, at any time suspected, and quarterly
Adult Protective Services -ANSWER State and local agencies that
investigate reports of abuse and neglect,servicesexploitation, or
abandonment. Referrals to APS can be done when eitherthe person
neglects him or herself or when someone else neglects or abuses an adult
person
Aging and Disability -ANSWER Single point-of-entry into the long-term
supports and services system Resource Centers for older adults and
people with disabilities. Through coordination of (ADRCs) existing aging
and disability service systems, ADRCs raise visibility about the full range of
options that are available, provide objective information, counseling and
assistance; empower people to make informed decisions about their long-
term care; and help people more easily access public and private long-term
supports and services
baseline -ANSWER A person's usual, customary, initial or most common
(depending on the
item) range or level of somethi
ng: for example, behavior, mood,
laboratory values, vital signs, endurance, function. Baseline information
is often used as a basis for comparing
findings and results over time.
bereavement -ANSWER The act of grieving someone's death.
Bereavement is the total response
to a death and includes the process of healing or recovery from the
death . Although there are similarities in the say that persons respond to
grief, there are also marked differences. Each person will grieve in their
own way and time.
Care Area -ANSWER The MDS does not constitute a comprehensive
assessment. Rather it is
