NAB RCAL EXAM PRACTICE
WITH 100% CORRECT
ANSWERS
Breakeven Point? - correct
answer✔️✔️total cost = total
Occupancy rate - correct
revenue
answer✔️✔️(# of resident
days/facility beds) x 365
Working capital ratio - correct
answer✔️✔️current assets / current
HCS - correct answer✔️✔️Hazard
liabilities
Communication Standard. OSHA
standard requiring employers to
inform workers of potentially
Acid-test (quick) ratio - correct
hazardous chemicals.
answer✔️✔(️ cash + AR + short-
term investments) / current liabilities
Balance sheet formula - correct
answer✔️✔️Assets = Liabilities +
debt to assets ratio - correct
Shareholders Equity
answer✔️✔️total liabilities/total
assets
EBITDA - correct
answer✔️✔️Earnings before
FTE (full time equivalent) - correct
interest, taxes, depreciation, and
answer✔️✔️total number of hours
amortization
per employee in a week / 40 (i.e.
12+14+40+30 div. by 40)
Amortization - correct
answer✔️✔️the reduction of a loan
Profit margin - correct
balance through payments made
answer✔️✔️NOI/Tot. Revenue.
over a period of time
Defined as "income to sales. 2 types,
gross prof margin and net prof
margin)
revenue cycle management - correct
answer✔️✔️resident needs->service
planning->staffing->billing/collectio
Net Operating Income (NOI) -
ns->
correct answer✔️✔️Total (gross)
Revenue - operating expenses
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, EXAMSCHOLAR
FICA SS Tax and Medicare Tax - Extinguisher class C - correct
correct answer✔️✔️6.2% and answer✔️✔️Live electrical
1.45% equipment (panelling)
4 elements of a valid contract - Extinguisher class D - correct
correct answer✔️✔️agreement, answer✔️✔️Combustable metals
consideration, contractual capacity, (aluminum)
legality (in writing) "ACCL"
Extinguisher class K - correct
Liability insurance usually covers.. - answer✔️✔️Commercial cooking
correct answer✔️✔️Bodily injury equipment (cooking oil, animal fats)
and property damage
PASS (Fire Safety) - correct
Lock out tag out - correct answer✔️✔️P - Pull the pin.
answer✔️✔️For all electrical
equipment
A - Aim at the base of the fire, not at
the flames.
safe electrical practices - correct
answer✔️✔️National Electrical
Code or NEC S - Squeeze the lever.
Following NFPA Life Safety Code - S - Sweep the nozzle from side to
correct answer✔️✔️fire plan, side.
regular fire drills, detectors, training
on procedure, non combustable
furnishing/draperies R.A.C.E. (Fire safety) - correct
answer✔️✔️rescue, alarm, contain,
extinguish
Extinguisher class A - correct
answer✔️✔️ordinary combustibles
such as wood/paper Accrual Basis Accounting - correct
answer✔️✔️reporting income when
it is earned and expenses when they
Extinguisher Class B - correct are incurred
answer✔️✔️For flammable liquids
and gas fires (grease, paint)
Cash Basis Accounting - correct
answer✔️✔️Reporting income
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