Supplement defintions Flashcards

1
Q

What does an income statement or profit and loss statement tell an investor?

A

it details income and expenses and how efficiently the NHA is managing the facility

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2
Q

what is the purpose of an anticoagulant medication?

A

it is a blood thinner used to prevent clots and to reduce clots

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3
Q

what is the main medical condition that would be treated with anti-coagulants?

A

CVA, TIA, and Strokes

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4
Q

What is a union shop steward?

A

An employee who works for the company and is a union member who acts as the local untion rep

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5
Q

What is the minimum length of a telephone cord?

A

29 inches

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6
Q

A current asset or liability must be sold or paid within how many months?

A

Within 12 months

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7
Q

A non-current asset or liability must be sold or paid with how many months?

A

within 12 months or more

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8
Q

What is a physiatrists?

A

A sports doctor who specializes in musuloskeletal injuries and works closely with PT and OT

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9
Q

What are the three budgets we work with?

A

Operating, cash and capital

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10
Q

What are the two main strategic budgets we work with?

A

The operating and capital budgets

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11
Q

What is the main benefit of a limited liability partnership or Limited Liability Corporation?

A

If sued, can only collect against the assets of the partnership or corporation and not individuals

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12
Q

What is the key to an effective emergency management plan ?

A

Must identify all potential disasters and dangers that may threaten the facility and plan of action to address those threats

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13
Q

what is a deposit of money to ensure the performance of an obligation?

A

A surety bond or performance bond

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14
Q

who must be on a surety bond?

A

the residents and the state

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15
Q

What is an ADL?

A

An ADL is personal care-showering, grooming, eating, dressing, and transferring

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16
Q

what is an instrumental ADL

A

Housekeeping managing financed by writing checks, going to the doctor appointments, going to the store to buy food, going to the mall

17
Q

What does hyper mean such as hyperglycemia-hypertentions-hyperactivity?

A

Hyper means high or elevated

18
Q

What does hypo mean?

A

Low

19
Q

Overhead expense such as depreciation or insurance are classified as what type of expense?

A

Indirect expenses-cannot be charged to a particular department

20
Q

Holding employees responsible for acts of their employees is called?

A

respondent superior

21
Q

What are 2 other names for respondent superior?

A

Strict liability and Vicarious liability