NAB Core Practice Exam 110
Quiz_________________?
A. $1,000 -
ANSWER✅
53. Under the straight-line method, what would be the annual depreciation expense for a
piece of equipment having a cost of $6,000, a manufacturer's warranty for 2 years, and an
estimated useful life of 6 years?
A. $1,000
B. $3,000
C. $6,000
D. An amount that decreases each year over a six-year period
Quiz_________________?
A. 50 to 70 degrees F. -
ANSWER✅
30. What should be the temperature range in a dry storage area?
A. 50 to 70 degrees F.
B. Below 45 degrees F.
1
, C. 60 to 80 degrees F.
D. 72 to 82 degrees F.
Quiz_________________?
A. 7.50 years -
ANSWER✅
107. An organization is considering the purchase of a piece of equipment that costs $6,000
and has a useful life of 10 years (with no salvage value). It is estimated that the item will
reduce annual operating costs by $800 over each of the next ten years. What would be the
payback period?
A. 7.50 years
B. 1.33 years
C. 0.75 years
D. Cannot be determined with the provided information
Quiz_________________?
A. 8 percent -
ANSWER✅
10 What was the quarterly turnover rate at an organization that had 18 separations in the
quarter, and that averaged 225 employees in the first month, 220 employees in the second
month, and 215 employees in the third month of the quarter?
A. 8 percent
B. 18 percent
C. 92 percent
D. 32 percent
2
, Quiz_________________?
A. a stroke -
ANSWER✅
3. Aphasia occurs frequently as a result of:
A. a stroke
B. diabetes
C. death of a spouse
D. pressure ulcers
Quiz_________________?
A. According to a schedule. -
ANSWER✅
85. When should preventive maintenance be done?
A. According to a schedule.
B. Only when physical inspection of the equipment shows wear and tear.
C. Only for equipment with a long estimated useful life.
D. After the first breakdown of an equipment item.
Quiz_________________?
A. allowance for bad debt -
ANSWER✅
92. On a balance sheet, net accounts receivable is calculated by subtracting which of the
following from gross accounts receivable?
A. allowance for bad debt
3
, B. depreciation expense
C. aging of accounts receivable
D. notes receivable
Quiz_________________?
A. bylaws -
ANSWER✅
60. In a corporation, which of the following documents specifies the functions and
composition of the governing board of directors?
A. bylaws
B. articles of incorporation
C. prospectus
D. policies and procedures manual
Quiz_________________?
A. clinical record -
ANSWER✅
23. A list of the types and amounts of services that have been rendered would be found in
which of the following?
A. clinical record
B. care plan
C. comprehensive assessment form
D. policies and procedures manual
4
Quiz_________________?
A. $1,000 -
ANSWER✅
53. Under the straight-line method, what would be the annual depreciation expense for a
piece of equipment having a cost of $6,000, a manufacturer's warranty for 2 years, and an
estimated useful life of 6 years?
A. $1,000
B. $3,000
C. $6,000
D. An amount that decreases each year over a six-year period
Quiz_________________?
A. 50 to 70 degrees F. -
ANSWER✅
30. What should be the temperature range in a dry storage area?
A. 50 to 70 degrees F.
B. Below 45 degrees F.
1
, C. 60 to 80 degrees F.
D. 72 to 82 degrees F.
Quiz_________________?
A. 7.50 years -
ANSWER✅
107. An organization is considering the purchase of a piece of equipment that costs $6,000
and has a useful life of 10 years (with no salvage value). It is estimated that the item will
reduce annual operating costs by $800 over each of the next ten years. What would be the
payback period?
A. 7.50 years
B. 1.33 years
C. 0.75 years
D. Cannot be determined with the provided information
Quiz_________________?
A. 8 percent -
ANSWER✅
10 What was the quarterly turnover rate at an organization that had 18 separations in the
quarter, and that averaged 225 employees in the first month, 220 employees in the second
month, and 215 employees in the third month of the quarter?
A. 8 percent
B. 18 percent
C. 92 percent
D. 32 percent
2
, Quiz_________________?
A. a stroke -
ANSWER✅
3. Aphasia occurs frequently as a result of:
A. a stroke
B. diabetes
C. death of a spouse
D. pressure ulcers
Quiz_________________?
A. According to a schedule. -
ANSWER✅
85. When should preventive maintenance be done?
A. According to a schedule.
B. Only when physical inspection of the equipment shows wear and tear.
C. Only for equipment with a long estimated useful life.
D. After the first breakdown of an equipment item.
Quiz_________________?
A. allowance for bad debt -
ANSWER✅
92. On a balance sheet, net accounts receivable is calculated by subtracting which of the
following from gross accounts receivable?
A. allowance for bad debt
3
, B. depreciation expense
C. aging of accounts receivable
D. notes receivable
Quiz_________________?
A. bylaws -
ANSWER✅
60. In a corporation, which of the following documents specifies the functions and
composition of the governing board of directors?
A. bylaws
B. articles of incorporation
C. prospectus
D. policies and procedures manual
Quiz_________________?
A. clinical record -
ANSWER✅
23. A list of the types and amounts of services that have been rendered would be found in
which of the following?
A. clinical record
B. care plan
C. comprehensive assessment form
D. policies and procedures manual
4
