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Quiz

1/10
Risk Management
Which best defines unsystematic risk in investments?
Select the answer
1 correct answer
A.
Risk affecting individual securities
B.
Risk affecting the entire market
C.
Risk associated with interest rate changes
D.
Risk related to overall economic cycles

Quiz

2/10
Regulatory Compliance and Licensing
What is the main purpose of regulatory compliance in long-term care facilities?
Select the answer
1 correct answer
A.
To ensure quality patient care
B.
To avoid legal penalties by meeting state and federal standards
C.
To maximize profits without regard to patient care
D.
To solely follow internal guidelines

Quiz

3/10
Ethical and Legal Decision Making
Which ethical principle emphasizes fair and equitable treatment for all patients in long term care decision making?
Select the answer
1 correct answer
A.
Autonomy
B.
Justice
C.
Beneficence
D.
Nonmaleficence

Quiz

4/10
Human Resource Management and Staffing
What is a primary benefit of implementing a thorough orientation process for new hires in a long-term care facility?
Select the answer
1 correct answer
A.
It reduces turnover by increasing staff competence and confidence
B.
It minimizes the need for competitive compensation
C.
It eliminates the need for ongoing training
D.
It directly improves patient medical outcomes without additional support

Quiz

5/10
Financial Management and Reimbursement
Which accounting method is best known for recognizing revenue and expenses when they occur, regardless of when cash is exchanged?
Select the answer
1 correct answer
A.
Cash basis accounting
B.
Accrual basis accounting
C.
Modified cash accounting
D.
Expense related accounting

Quiz

6/10
Infection Control and Prevention
Which practice ensures the safe disposal of infectious waste?
Select the answer
1 correct answer
A.
Mixing sharps with regular trash
B.
Discarding used PPE in regular bins
C.
Segregating waste into appropriate biohazard containers
D.
Storing waste temporarily in public areas

Quiz

7/10
Quality Assurance and Performance Improvement
What is the primary goal of Quality Assurance (QA) in long term care settings?
Select the answer
1 correct answer
A.
To ensure compliance with government regulations
B.
To improve resident care and outcomes
C.
To reduce administrative expenses
D.
To maintain facility infrastructure

Quiz

8/10
Long Term Care Administration
Which federal agency is primarily responsible for regulating long term care facilities through funding and compliance standards?
Select the answer
1 correct answer
A.
Centers for Medicare & Medicaid Services
B.
Environmental Protection Agency
C.
Department of Veterans Affairs
D.
Federal Trade Commission

Quiz

9/10
Facility Operations and Safety
1. What is the primary purpose of routine facility safety inspections?
Select the answer
1 correct answer
A.
To identify and correct potential hazards before they result in injury
B.
To comply with billing and reimbursement requirements
C.
To ensure patient satisfaction with the facility's aesthetics
D.
To evaluate staff performance and efficiency

Quiz

10/10
Community Relations and Public Relations
What is the primary goal of community relations in long term care facilities?
Select the answer
1 correct answer
A.
To build and maintain trust with community stakeholders
B.
To increase internal employee satisfaction
C.
To focus solely on marketing and advertising
D.
To implement strict regulatory policies
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