3 Types of Budgets - CORRECT-ANSWERS1. Operational Budget
2. Capital Budget
3. Cash Budget
How do you calculate Assets - CORRECT-ANSWERSAssets= Liabilities +
Equity
3 Financial Statements - CORRECT-ANSWERS1. Balance Sheets-summary of
assets, liabilities and equities
2. Income statements-reports expenses and revenue
3. Cash Flow Statements-
Trial Balance - CORRECT-ANSWERSSummary of the organization's accounts
Surety Bond - CORRECT-ANSWERSState will request a copy. The bond acts as
a promise to be responsible for debts, failures and defaults.
Professional Liability Insure - CORRECT-ANSWERSPays for professional staff
malpractice.
General Liability - CORRECT-ANSWERSPays for injured visitors.
Business Interruption Insurance - CORRECT-ANSWERSPays for the Pays for
loss of revenue during closed operations over a time period.
Intangible Assets - CORRECT-ANSWERSGoodwill or Donations
Special Medications Wait Rule - CORRECT-ANSWERSEye Drops/Puffs- 1 min
between drop/puff of same med.
, 5 mins between different drop/puff
When must the General Service Plan be developed ? - CORRECT-
ANSWERSWithin 14 days
If resident has a temporary service plan less than ________ a health service
plan is not needed to be developed. - CORRECT-ANSWERS14 days and must
have tracking sysytem
Who can pronounce a resident deceased ? - CORRECT-ANSWERSRN or police
Who is able to destroy medication? - CORRECT-ANSWERSAdministrator, RN
or Pharmacist
Storage cannot be kept_______________ from ceiling. - CORRECT-ANSWERS18
inches
Exterminator Visits - CORRECT-ANSWERSMust post a log stating when
coming and what treating.
Non carpeted floors in common area must... - CORRECT-ANSWERSbe coated
with slip-resistant finish and less than 20% glare
Water temperature range is .... - CORRECT-ANSWERSBetween 105 and 120
degrees
Emergency Food Supply must last - CORRECT-ANSWERS4 days per resident
Wellness Room Size - CORRECT-ANSWERS100 square feet, bathroom and
must accommodate an overnight stay
Factors that would lead to discharging an ALF resident - CORRECT-
ANSWERSRequiring 24 hour care
Bedridden more than 14 days
Requires assistance with 4 or more ADLs
Resident is a danger to themselves and/or others
Has a medically unstable condition
Stage 3 or 4 pressure ulcers OR multiple Stage 2s
Train the Trainer Program - CORRECT-ANSWERSOnly RN or Pharmacist can
participate, offered through/ approved by Department of Health.
CMA/ MED TECH - CORRECT-ANSWERSLicense renewal every 3 years/ 30
CEUs
CHHA/PCA - CORRECT-ANSWERSLicense renewal every 2 years/ 20 CEUs
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