NAB Exam Already Passed - Everything that is needed to know

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NAB Exam Already Passed - Everything that is needed to know A line authority position is characterized by ✔✔Decision making vested in the supervisor An example of line authority is ✔✔Administrator Major schools of thought regarding source of authority are ✔✔formal and subordinate acceptance The scope of authority in the operation of the nursing facility is greatest at which level ✔✔Ownership Ultimate authority in a private corporate nursing facility is with the ✔✔Board of directors Managerial authority is power ✔✔to command, issue orders or exact action by subordinates Decentralized authority is characterized by ✔✔process of delegating authority Centralized authority is ✔✔vesting decision making in top managment Authority vested in a supervisory nurse is ✔✔middle management authority Decision making authority is when a supervisor ✔✔hires, fires and makes judgmental decisions Concepts of modern management recommend that an effective administrator will delegate ✔✔operational authority Unity of command refers to ✔✔reporting to one supervisor Which of the following forms of business is considered the oldest form of business ✔✔sole proprietorship The term proprietorship as it relates to the nursing facility industry means ✔✔privately owned The majority of nursing facility beds in the united states are owned by ✔✔corporations Which of the following forms of ownership must have articles drawn up and reduced to writing? ✔✔corporation Under which form of ownership would the administrator have the greatest latitude of authority and decision making? ✔✔Sole proprietorship All but one are considered advantages of sole proprietorship ✔✔Unlimited liability All but one are considered disadvantages of a partnership ✔✔Retention of valuable employees A corporation is ✔✔a legal entity created by law to carry on a business or profession Which one of the following forms of business ownership is considered the most important? ✔✔Corporation A nonprofit corporation is one which ✔✔makes a profit but returns it to the operation of business Pursuant to the Code of Federal Regulations, 42 CFR part 483, a facility wishing to participate in medicare must have ✔✔a governing body The role of the governing body pursuant to the Code of Federal Regulation 42 CFR Part 483 is to ✔✔establish and implement policies regarding management and operation of the facility The Code of Federal Regulations 42 CFR part 483 requires that the facility disclose ✔✔officers, directors, agents, or management employees The role of the administrator in a modern nursing facility is to ✔✔advise the governing body and carry out their decisions According to the Code of Federal Regulations 42 CFR P

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