1/15/26, 8:27 AM NAB Study Guide Questions
NAB Study Guide Exam | Most Recent Exam 2026 | Actual
Complete Real Exam Questions With 100% Correct
Answers | Verified Answers | Already Graded A+ |
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Education and training programs.
To obtain more accurate cost estimates and more control over costs
(participatory budget making process - others are more likely to consider
the budget legitimate).
A change in which one of the following is not likely to be the cause of a
budget variance?
The personal needs allowance.
If the facility's occupancy increases from 94% to 98%, the fixed cost per
resident
Decreases slightly (Fixed cost per resident is calculated by dividing
total fixed costs by number of residents (currently-occupied beds). If
the occupancy rate increases slightly, fixed costs do not change (by
definition), and number of
residents increase, resulting in a decreased fixed cost per resident.
Another way of saying this is that the fixed costs are spread over a
/ 1/27
,1/15/26, 8:27 AM NAB Study Guide Questions
larger number of residents.
A nursing home is considering the purchase of a new dish-washing
machine that costs $6,000 and has a useful life of 10 years (with no salvage
value). It is
estimated that the machine will reduce annual operating costs by $800
over each of the next ten years. What is the payback period?
7.50 years.
What happened in this scenario that should not have happened if
financial recording and internal control principles were followed? A
facility receives a
check by mail for services rendered to a resident. A staff member in the
business office immediately stamps the check as "For deposit only" in the
name of the
facility. She then makes entries in the cash receipts journal and in the
resident's account for later posting to the cash account and the accounts
receivable
account. Later in the day, this staff person goes to the bank, deposits the
check in the facility account, and picks up a deposit receipt. Upon her
return to the facility, then files the deposit receipt in the file for this
purpose.
The person who recorded the check should not have been the same
person who made the bank deposit (segregation of duties was violated).
/ 2/27
, 1/15/26, 8:27 AM NAB Study Guide Questions
The type of insurance that would cover the facility if it were sued by a
resident who was injured as the result of a medication error by a nurse
employee is:
Professional Liability (Malpractice).
Business interruption insurance covers:
Loss of revenue from having to keep beds empty while a unit undergoes
repairs due to wind damage to a building
A W-4 form shows each employee's:
Number of claimed exemptions for withholding purposes.
To obtain maximum reimbursement under the Medicare Prospective
Payment Systems a skilled nursing facility should do all except which one
of the following?
Have physical therapists who serve Part A-covered residents bill
Medicare directly (the consolidated billing rules prohibit separate billing
for physical
therapy (and occupational therapy and speech-language pathology
therapy) provided to a Medicare beneficiary on a Part A-covered stay).
Which of the following practices is illegal for a Medicaid-certified facility?
Requiring the payment of a facility's private-pay rate for a certain
number of months as a condition for admission.
/ 3/27
NAB Study Guide Exam | Most Recent Exam 2026 | Actual
Complete Real Exam Questions With 100% Correct
Answers | Verified Answers | Already Graded A+ |
Guaranteed Success!! | Newest
Education and training programs.
To obtain more accurate cost estimates and more control over costs
(participatory budget making process - others are more likely to consider
the budget legitimate).
A change in which one of the following is not likely to be the cause of a
budget variance?
The personal needs allowance.
If the facility's occupancy increases from 94% to 98%, the fixed cost per
resident
Decreases slightly (Fixed cost per resident is calculated by dividing
total fixed costs by number of residents (currently-occupied beds). If
the occupancy rate increases slightly, fixed costs do not change (by
definition), and number of
residents increase, resulting in a decreased fixed cost per resident.
Another way of saying this is that the fixed costs are spread over a
/ 1/27
,1/15/26, 8:27 AM NAB Study Guide Questions
larger number of residents.
A nursing home is considering the purchase of a new dish-washing
machine that costs $6,000 and has a useful life of 10 years (with no salvage
value). It is
estimated that the machine will reduce annual operating costs by $800
over each of the next ten years. What is the payback period?
7.50 years.
What happened in this scenario that should not have happened if
financial recording and internal control principles were followed? A
facility receives a
check by mail for services rendered to a resident. A staff member in the
business office immediately stamps the check as "For deposit only" in the
name of the
facility. She then makes entries in the cash receipts journal and in the
resident's account for later posting to the cash account and the accounts
receivable
account. Later in the day, this staff person goes to the bank, deposits the
check in the facility account, and picks up a deposit receipt. Upon her
return to the facility, then files the deposit receipt in the file for this
purpose.
The person who recorded the check should not have been the same
person who made the bank deposit (segregation of duties was violated).
/ 2/27
, 1/15/26, 8:27 AM NAB Study Guide Questions
The type of insurance that would cover the facility if it were sued by a
resident who was injured as the result of a medication error by a nurse
employee is:
Professional Liability (Malpractice).
Business interruption insurance covers:
Loss of revenue from having to keep beds empty while a unit undergoes
repairs due to wind damage to a building
A W-4 form shows each employee's:
Number of claimed exemptions for withholding purposes.
To obtain maximum reimbursement under the Medicare Prospective
Payment Systems a skilled nursing facility should do all except which one
of the following?
Have physical therapists who serve Part A-covered residents bill
Medicare directly (the consolidated billing rules prohibit separate billing
for physical
therapy (and occupational therapy and speech-language pathology
therapy) provided to a Medicare beneficiary on a Part A-covered stay).
Which of the following practices is illegal for a Medicaid-certified facility?
Requiring the payment of a facility's private-pay rate for a certain
number of months as a condition for admission.
/ 3/27
