NAB CORE EXAM 2025 2 REAL EXAM VERSIONS
WITH 125 QUESTIONS AND ANSWERS AND A
STUDY GUIDE VERIFIED FOR GUARANTEED
PASS LATEST UPDATE
Because healthcare organizations can be held liable for the criminal acts of their employees, the
Office of Inspector General (OIG) encourages the implementation of programs in
.
1. Employee education
2. Labor standards
3. Employee safety
4. Corporate compliance
4. Corporate compliance
A statement outlining the desired future of the organization is the .
1. Vision
2. Mission
3. By-laws
4. Articles of incorporation
2. Mission
Care recipient satisfaction is defined as .
1. A tangible measurement
2. A service that meets or exceeds expectations
3. Family and staff surveys
4. Public perception of the community
2. A service that meets or exceeds expectations
Respondeat superior is a legal term that means the healthcare organization
.
1. Must perform employee evaluations annually
2. Must respond to employee labor inquiries
3. Is responsible for providing employee liability protection
4. Is responsible for employee work errors while the employee is on duty
4. Is responsible for employee work errors while the employee is on duty
When determining an employer's liability for the acts of employees, it is important to ascertain
.
1. Personal liability
2. Civil liability
3. Qualified opinions
4. Scope of employment
,4. Scope of employment
Consensus building works best when participants are .
1. Limited in time
2. Electing a spokesperson
3. Following specific guidelines
4. Asked for input
4. Asked for input
Deception that results in damage to another is referred to as .
1. Negligence
2. Fraud
3. Slander
4. Malfeasance
2. Fraud
Which of the following documents would be used to comply with the Patient Self Determination
Act of 1990?
1. Organ donor card
2. Power of attorney
3. Notice of privacy practices
4. Durable power of attorney
2. Power of attorney
A group that is legally designated to establish and implement policies regarding the management
of a healthcare organization is called the .
1. Executive committee
2. Corporation
3. Governing body
4. Commission
3. Governing body
When negotiating contracts with outside vendors or consultants for professional services,
contracts are not required to .
1. Spell out the terms of the contract
2. Be in writing and be signed by all parties
3. Include compensation for services rendered
4. Contain a mutual indemnity clause
4. Contain a mutual indemnity clause
The current ratio is also known as the .
1. Contemporary ratio
2. Acid test ratio
,3. Quick ratio
4. Working capital ratio
4. Working capital ratio
Which of the following items should an administrator reference in order to determine if there are
enough funds to purchase new equipment?
1. Current assets
2. Current liabilities
3. Working capital
4. Working revenue
3. Working capital
Professional and general liability insurance that only covers claims reported during the policy
period is operating under a/an .
1. Liability-period policy
2. Claims-made policy
3. Occurrence policy
4. Risk-acceptance policy
2. Claims-made policy
What is the book value of a vehicle purchased for $40,000 that has an accumulated depreciation
of $30,000?
1. $10,000
2. $30,000
3. $40,000
4. $70,000
1. $10,000
The provision a healthcare organization makes for uncollectible accounts receivable is known as
.
1. Allowance for bad debts
2. Off-statement debts
3. Materiality
4. Activity-based costing
1. Allowance for bad debts
Which of the following is a joint venture or business that meets Office of Inspector General
(OIG) standards, is legal under the Anti-Kickback Statute, and is immune from criminal
prosecution or civil sanctions?
1. Limited partnership
2. Limited-liability corporation
3. S corporation
4. Safe harbor
, 1. Limited partnership
Any item of major cost that will become an asset of the healthcare organization is
.
1. Called a capital expenditure
2. Voted on by the governing board
3. Unable to be depreciated within the first two years of purchase
4. Considered to add market value to the physical plant
1. Called a capital expenditure
Given the following formula:
Net income after taxes ÷
Average total assets
This formula is used to calculate the return on .
1. Invested capital
2. Assets
3. Cash flow
4. Investments
2. Assets
Ensuring accurate reliable data for accounting reports is known as .
1. External control
2. Internal control
3. Cost control
4. Auditing control
2. Internal control
To protect against payroll fraud, it is considered safest to have .
1. Several employees performing separate payroll functions
2. The accounts payable clerk prepare the payroll
3. A single employee prepare the payroll
4. A mandatory direct-deposit program
1. Several employees performing separate payroll functions
Hospice care may include all of the following except .
1. Pain management
2. Spiritual care
3. A curative approach
4. An interdisciplinary team
3. A curative approach
WITH 125 QUESTIONS AND ANSWERS AND A
STUDY GUIDE VERIFIED FOR GUARANTEED
PASS LATEST UPDATE
Because healthcare organizations can be held liable for the criminal acts of their employees, the
Office of Inspector General (OIG) encourages the implementation of programs in
.
1. Employee education
2. Labor standards
3. Employee safety
4. Corporate compliance
4. Corporate compliance
A statement outlining the desired future of the organization is the .
1. Vision
2. Mission
3. By-laws
4. Articles of incorporation
2. Mission
Care recipient satisfaction is defined as .
1. A tangible measurement
2. A service that meets or exceeds expectations
3. Family and staff surveys
4. Public perception of the community
2. A service that meets or exceeds expectations
Respondeat superior is a legal term that means the healthcare organization
.
1. Must perform employee evaluations annually
2. Must respond to employee labor inquiries
3. Is responsible for providing employee liability protection
4. Is responsible for employee work errors while the employee is on duty
4. Is responsible for employee work errors while the employee is on duty
When determining an employer's liability for the acts of employees, it is important to ascertain
.
1. Personal liability
2. Civil liability
3. Qualified opinions
4. Scope of employment
,4. Scope of employment
Consensus building works best when participants are .
1. Limited in time
2. Electing a spokesperson
3. Following specific guidelines
4. Asked for input
4. Asked for input
Deception that results in damage to another is referred to as .
1. Negligence
2. Fraud
3. Slander
4. Malfeasance
2. Fraud
Which of the following documents would be used to comply with the Patient Self Determination
Act of 1990?
1. Organ donor card
2. Power of attorney
3. Notice of privacy practices
4. Durable power of attorney
2. Power of attorney
A group that is legally designated to establish and implement policies regarding the management
of a healthcare organization is called the .
1. Executive committee
2. Corporation
3. Governing body
4. Commission
3. Governing body
When negotiating contracts with outside vendors or consultants for professional services,
contracts are not required to .
1. Spell out the terms of the contract
2. Be in writing and be signed by all parties
3. Include compensation for services rendered
4. Contain a mutual indemnity clause
4. Contain a mutual indemnity clause
The current ratio is also known as the .
1. Contemporary ratio
2. Acid test ratio
,3. Quick ratio
4. Working capital ratio
4. Working capital ratio
Which of the following items should an administrator reference in order to determine if there are
enough funds to purchase new equipment?
1. Current assets
2. Current liabilities
3. Working capital
4. Working revenue
3. Working capital
Professional and general liability insurance that only covers claims reported during the policy
period is operating under a/an .
1. Liability-period policy
2. Claims-made policy
3. Occurrence policy
4. Risk-acceptance policy
2. Claims-made policy
What is the book value of a vehicle purchased for $40,000 that has an accumulated depreciation
of $30,000?
1. $10,000
2. $30,000
3. $40,000
4. $70,000
1. $10,000
The provision a healthcare organization makes for uncollectible accounts receivable is known as
.
1. Allowance for bad debts
2. Off-statement debts
3. Materiality
4. Activity-based costing
1. Allowance for bad debts
Which of the following is a joint venture or business that meets Office of Inspector General
(OIG) standards, is legal under the Anti-Kickback Statute, and is immune from criminal
prosecution or civil sanctions?
1. Limited partnership
2. Limited-liability corporation
3. S corporation
4. Safe harbor
, 1. Limited partnership
Any item of major cost that will become an asset of the healthcare organization is
.
1. Called a capital expenditure
2. Voted on by the governing board
3. Unable to be depreciated within the first two years of purchase
4. Considered to add market value to the physical plant
1. Called a capital expenditure
Given the following formula:
Net income after taxes ÷
Average total assets
This formula is used to calculate the return on .
1. Invested capital
2. Assets
3. Cash flow
4. Investments
2. Assets
Ensuring accurate reliable data for accounting reports is known as .
1. External control
2. Internal control
3. Cost control
4. Auditing control
2. Internal control
To protect against payroll fraud, it is considered safest to have .
1. Several employees performing separate payroll functions
2. The accounts payable clerk prepare the payroll
3. A single employee prepare the payroll
4. A mandatory direct-deposit program
1. Several employees performing separate payroll functions
Hospice care may include all of the following except .
1. Pain management
2. Spiritual care
3. A curative approach
4. An interdisciplinary team
3. A curative approach
