RCAL – NAB ADMINISTRATOR EXAM
QUESTIONS AND ANSWERS GUARANTEED
PASS | ALREADY GRADED A+ LATEST UPDATE
Balance sheet formula - ANSWER-Assets = Liabilities +
Shareholders Equity
EBITDA - ANSWER-Earnings before interest, taxes, depreciation,
and amortization
Amortization - ANSWER-the reduction of a loan balance through
payments made over a period of time
revenue cycle management - ANSWER-resident needs->service
planning->staffing->billing/collections->
FICA SS Tax and Medicare Tax - ANSWER-6.2% and 1.45%
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,4 elements of a valid contract - ANSWER-agreement, consideration,
contractual capacity, legality (in writing) "ACCL"
Liability insurance usually covers.. - ANSWER-Bodily injury and
property damage
Lock out tag out - ANSWER-For all electrical equipment
safe electrical practices - ANSWER-National Electrical Code or NEC
Following NFPA Life Safety Code - ANSWER-fire plan, regular
fire drills, detectors, training on procedure, non combustable
furnishing/draperies
Extinguisher class A - ANSWER-ordinary combustibles such as
wood/paper
Extinguisher Class B - ANSWER-For flammable liquids and gas fires
(grease, paint)
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, Extinguisher class C - ANSWER-Live electrical equipment
(panelling)
Extinguisher class D - ANSWER-Combustable metals (aluminum)
Extinguisher class K - ANSWER-Commercial cooking equipment
(cooking oil, animal fats)
PASS (Fire Safety) - ANSWER-P - Pull the pin.
A - Aim at the base of the fire, not at the flames.
S - Squeeze the lever.
S - Sweep the nozzle from side to side.
R.A.C.E. (Fire safety) - ANSWER-rescue, alarm, contain, extinguish
Breakeven Point? - ANSWER-total cost = total revenue
Working capital ratio - ANSWER-current assets / current liabilities
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QUESTIONS AND ANSWERS GUARANTEED
PASS | ALREADY GRADED A+ LATEST UPDATE
Balance sheet formula - ANSWER-Assets = Liabilities +
Shareholders Equity
EBITDA - ANSWER-Earnings before interest, taxes, depreciation,
and amortization
Amortization - ANSWER-the reduction of a loan balance through
payments made over a period of time
revenue cycle management - ANSWER-resident needs->service
planning->staffing->billing/collections->
FICA SS Tax and Medicare Tax - ANSWER-6.2% and 1.45%
Page | 1
,4 elements of a valid contract - ANSWER-agreement, consideration,
contractual capacity, legality (in writing) "ACCL"
Liability insurance usually covers.. - ANSWER-Bodily injury and
property damage
Lock out tag out - ANSWER-For all electrical equipment
safe electrical practices - ANSWER-National Electrical Code or NEC
Following NFPA Life Safety Code - ANSWER-fire plan, regular
fire drills, detectors, training on procedure, non combustable
furnishing/draperies
Extinguisher class A - ANSWER-ordinary combustibles such as
wood/paper
Extinguisher Class B - ANSWER-For flammable liquids and gas fires
(grease, paint)
Page | 2
, Extinguisher class C - ANSWER-Live electrical equipment
(panelling)
Extinguisher class D - ANSWER-Combustable metals (aluminum)
Extinguisher class K - ANSWER-Commercial cooking equipment
(cooking oil, animal fats)
PASS (Fire Safety) - ANSWER-P - Pull the pin.
A - Aim at the base of the fire, not at the flames.
S - Squeeze the lever.
S - Sweep the nozzle from side to side.
R.A.C.E. (Fire safety) - ANSWER-rescue, alarm, contain, extinguish
Breakeven Point? - ANSWER-total cost = total revenue
Working capital ratio - ANSWER-current assets / current liabilities
Page | 3
