NAB RCAL Exam RCAL - NAB Administrator Exam (Federal) Latest Update 2024-2025 400 Questions and 100% Verified Correct Answers Guaranteed A+
4 components of leadership (influencing) - CORRECT ANSWER: Process, Influence
others, occurs in groups, attain goals and direct group
4 elements of a valid contract - CORRECT ANSWER: agreement, consideration,
contractual capacity, legality (in writing) "ACCL"
5 steps of budgeting - CORRECT ANSWER: Assessing environment, Programming,
Developing operating budget, Building cash budget, Determing capital budget
12 weeks unpaid if an employee has worked 1250 hrs within last 12 months. Covers - serious health condition -care for family member. -birth or adoption - CORRECT
ANSWER: Family and Medical Leave Act (FMLA)
15 employees or more. Reasonably remove barriers so disabled can be
accommodated - CORRECT ANSWER: Americans with Disabilities Act (ADA) of 1990
a ratio that expresses the percentage of applicants who successfully move from one stage of the recruitment and selection process to the next - CORRECT ANSWER: Yield Ratio
Accrual Basis Accounting - CORRECT ANSWER: reporting income when it is earned
and expenses when they are incurred
Acid-test (quick) ratio - CORRECT ANSWER: (cash + AR + short-term investments) / current liabilities
Act that limits the amount of wages that can be garnished or withheld in any one week by an employer to satisfy creditors. - CORRECT ANSWER: Consumer Credit Protection Act
ADA hallway, doorway, and T-space inches requirements? - CORRECT ANSWER: 36,
32, 60
Administrator - CORRECT ANSWER: General administrative charge of the day-to-day
operations of an ALF. May be owner of hired by the organization.
advance directives - CORRECT ANSWER: A legal document designed to indicate a
person's wishes regarding care in case of a terminal illness or during the dying process
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advisory board - CORRECT ANSWER: used by board of directors/governing body to
provide guidance regarding policy and procedure
Amortization - CORRECT ANSWER: the reduction of a loan balance through payments
made over a period of time
Applies to employers of 15 or more. Race, color, religion, gender, pregnancy, or
national origin. - CORRECT ANSWER: Civil Rights Act (1964) Title VII
articles of incorporation - CORRECT ANSWER: Information filed with a state official by persons wishing to form a corporation
Balance sheet - CORRECT ANSWER: Snapshot/point in time of what a company owns
and owes. Summarizes assets, liabilities and shareholder equity at a specific point in time.
Balance sheet formula - CORRECT ANSWER: Assets = Liabilities + Shareholders
Equity
Bans age discrimination for jobs unless age is related to job performance. 40 yrs or
older. - CORRECT ANSWER: Age Discrimination in Employment Act of 1967
Basic Employee Information (example: I-9) should be kept for - CORRECT ANSWER:
- years after hire or 1 year after fire, whichever is later
board of directors - CORRECT ANSWER: Relate to top management of an
organization in a governing or advisory capacity
Board of Directors/Governing body - CORRECT ANSWER: hires admin, delegates
management, develops mission and vision, fiduciary responsibility
Breakeven Point? - CORRECT ANSWER: total cost = total revenue
By-laws - CORRECT ANSWER: Rules determined by internal management of a board
or organization. Adopted at time of charter and define the rights and responsibilities of the board
Capital - CORRECT ANSWER: typically $500 or more, 1 year or more life. Money
invested in company.
Cash Basis Accounting - CORRECT ANSWER: Reporting income when the cash is
received and expenses when the cash is paid.
Cash Flow - CORRECT ANSWER: Cash receipts less cash disbursements from a
given operation or set of operations from a period of time
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chart of accounts - CORRECT ANSWER: A list of every account (5 groups: ass, Lia, capital, Rev, expenses)
Claims-made policy - CORRECT ANSWER: An "X" based policy kicks in when you file a claim during the policy period. As long as an insurable event happened after the policy's retroactive date, your insurer should provide coverage. With a claims-made policy, you need to have active insurance when you file a claim.
Consensus Building - CORRECT ANSWER: Conversation style of decision making
where issues and opinions are discussed- reach a shared opinion
continues healthcare benefits to individuals and families for limited period of time such as job loss, reduced hours, death, divorce, etc. Qualified individuals may have to pay
entire premium - CORRECT ANSWER: Consolidated Omnibus Budget Reconciliation
Act (COBRA)
Corporate Compliance Programs - CORRECT ANSWER: assist providers and their
agents and develop effective internal controls that promote adherence to applicable federal and state law
debt to assets ratio - CORRECT ANSWER: total liabilities/total assets
Dementia Living Environment - CORRECT ANSWER: Residential living with clinical
aspects. safe, quiet, secured
Direct cost - CORRECT ANSWER: Cost that are directly attributable to providing
resident care (i.e. salaries, payroll, pay taxes, benefits, supplies)
Directing - CORRECT ANSWER: Mangement function- admin uses their position to
point out the direction the company is to go to achieve goals. Uses leadership roles such as guiding, training, etc.
Disability accommodations paperwork should be kept for - CORRECT ANSWER: 1
year
DPOA vs POA - CORRECT ANSWER: DPOA just includes language that means the
documents covers individual when they become incapacitated
EBITDA - CORRECT ANSWER: Earnings before interest, taxes, depreciation, and
amortization
Effective Claims Management for working with insurance agencies - CORRECT ANSWER: components of the claims handling process include developing strategies to cut costs and reduce fraud while keeping customers satisfied
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