Wisconsin Nursing Home Administrators (NHA) Practice Exam

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Study for the Wisconsin Nursing Home Administrators Exam. Prepare with flashcards and multiple choice questions, designed to deepen your understanding and enhance your readiness for the test.

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What does the application for an IMD license need to disclose about financial status?

Names of all donors contributing to the facility
Any previous financial failures
Investment portfolio details
Salaries of all employees

The correct answer is: Any previous financial failures

While the other options may seem relevant to the financial status of the facility, only option B directly addresses the question by mentioning any previous financial failures. Option A focuses on donors, option C on investments, and option D on employee salaries, which may not accurately reflect the financial stability of the facility. Therefore, these options can be eliminated as incorrect answers. Option B would provide the most crucial information to properly assess the financial status of the facility.