NAB RCAL Certification Exam 2026 | Real Exam
Questions & Verified Answers | Complete
Exam Prep
Breakeven Point? - correct answertotal cost = total revenue
Working capital ratio - correct answercurrent assets / current liabilities
Acid-test (quick) ratio - correct answer(cash + AR + short-term investments) / current
liabilities
debt to assets ratio - correct answertotal liabilities/total assets
FTE (full time equivalent) - correct answertotal number of hours per employee in a week
/ 40 (i.e. 12+14+40+30 div. by 40)
Profit margin - correct answerNOI/Tot. Revenue. Defined as "income to sales. 2 types,
gross prof margin and net prof margin)
Net Operating Income (NOI) - correct answerTotal (gross) Revenue - operating
expenses
Occupancy rate - correct answer(# of resident days/facility beds) x 365
HCS - correct answerHazard Communication Standard. OSHA standard requiring
employers to inform workers of potentially hazardous chemicals.
Balance sheet formula - correct answerAssets = Liabilities + Shareholders Equity
EBITDA - correct answerEarnings before interest, taxes, depreciation, and amortization
Amortization - correct answerthe reduction of a loan balance through payments made
over a period of time
revenue cycle management - correct answerresident needs->service planning->staffing-
>billing/collections->
FICA SS Tax and Medicare Tax - correct answer6.2% and 1.45%
4 elements of a valid contract - correct answeragreement, consideration, contractual
capacity, legality (in writing) "ACCL"
, Liability insurance usually covers.. - correct answerBodily injury and property damage
Lock out tag out - correct answerFor all electrical equipment
safe electrical practices - correct answerNational Electrical Code or NEC
Following NFPA Life Safety Code - correct answerfire plan, regular fire drills, detectors,
training on procedure, non combustable furnishing/draperies
Extinguisher class A - correct answerordinary combustibles such as wood/paper
Extinguisher Class B - correct answerFor flammable liquids and gas fires (grease, paint)
Extinguisher class C - correct answerLive electrical equipment (panelling)
Extinguisher class D - correct answerCombustable metals (aluminum)
Extinguisher class K - correct answerCommercial cooking equipment (cooking oil,
animal fats)
PASS (Fire Safety) - correct answerP - 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) - correct answerrescue, alarm, contain, extinguish
Accrual Basis Accounting - correct answerreporting income when it is earned and
expenses when they are incurred
Cash Basis Accounting - correct answerReporting income when the cash is received
and expenses when the cash is paid.
LLC (Limited Liability Company) - correct answerLimited liability, pass through income
taxation, flexibility
S corporation - correct answerA unique government creation that looks like a
corporation but is taxed like sole proprietorships and partnerships
Net Worth Formula - correct answerAssets - Liabilities
Questions & Verified Answers | Complete
Exam Prep
Breakeven Point? - correct answertotal cost = total revenue
Working capital ratio - correct answercurrent assets / current liabilities
Acid-test (quick) ratio - correct answer(cash + AR + short-term investments) / current
liabilities
debt to assets ratio - correct answertotal liabilities/total assets
FTE (full time equivalent) - correct answertotal number of hours per employee in a week
/ 40 (i.e. 12+14+40+30 div. by 40)
Profit margin - correct answerNOI/Tot. Revenue. Defined as "income to sales. 2 types,
gross prof margin and net prof margin)
Net Operating Income (NOI) - correct answerTotal (gross) Revenue - operating
expenses
Occupancy rate - correct answer(# of resident days/facility beds) x 365
HCS - correct answerHazard Communication Standard. OSHA standard requiring
employers to inform workers of potentially hazardous chemicals.
Balance sheet formula - correct answerAssets = Liabilities + Shareholders Equity
EBITDA - correct answerEarnings before interest, taxes, depreciation, and amortization
Amortization - correct answerthe reduction of a loan balance through payments made
over a period of time
revenue cycle management - correct answerresident needs->service planning->staffing-
>billing/collections->
FICA SS Tax and Medicare Tax - correct answer6.2% and 1.45%
4 elements of a valid contract - correct answeragreement, consideration, contractual
capacity, legality (in writing) "ACCL"
, Liability insurance usually covers.. - correct answerBodily injury and property damage
Lock out tag out - correct answerFor all electrical equipment
safe electrical practices - correct answerNational Electrical Code or NEC
Following NFPA Life Safety Code - correct answerfire plan, regular fire drills, detectors,
training on procedure, non combustable furnishing/draperies
Extinguisher class A - correct answerordinary combustibles such as wood/paper
Extinguisher Class B - correct answerFor flammable liquids and gas fires (grease, paint)
Extinguisher class C - correct answerLive electrical equipment (panelling)
Extinguisher class D - correct answerCombustable metals (aluminum)
Extinguisher class K - correct answerCommercial cooking equipment (cooking oil,
animal fats)
PASS (Fire Safety) - correct answerP - 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) - correct answerrescue, alarm, contain, extinguish
Accrual Basis Accounting - correct answerreporting income when it is earned and
expenses when they are incurred
Cash Basis Accounting - correct answerReporting income when the cash is received
and expenses when the cash is paid.
LLC (Limited Liability Company) - correct answerLimited liability, pass through income
taxation, flexibility
S corporation - correct answerA unique government creation that looks like a
corporation but is taxed like sole proprietorships and partnerships
Net Worth Formula - correct answerAssets - Liabilities
