Financial Management & Budgeting Flashcards
7 cards from real CNA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Financial Management & Budgeting flashcards as text
A CNA observes a coworker borrowing money from a resident, promising to pay it back. This is best described as:
Answer: Financial exploitation
Staff borrowing money from residents is financial exploitation regardless of intent, and must be reported immediately.
What is the maximum number of days Medicare Part A will cover skilled nursing facility care after a qualifying hospital stay?
Answer: 100 days
Medicare Part A covers up to 100 days of SNF care per benefit period, with full coverage for days 1–20 and a copay for days 21–100.
A resident who pays privately for nursing home care is referred to as a:
Answer: Private-pay resident
A private-pay resident uses personal funds, savings, or long-term care insurance to cover nursing home costs without government assistance.
Which professional is legally responsible for overseeing a resident's finances if the resident has been declared legally incompetent by a court?
Answer: Court-appointed guardian
A court-appointed guardian has the legal authority and responsibility to manage finances for a resident declared legally incompetent.
A resident asks the CNA about how to apply for Medicaid. What is the most appropriate CNA response?
Answer: Refer the resident to the facility's social worker
Medicaid applications involve complex eligibility rules; the facility's social worker is the correct resource for this type of assistance.
A long-term care insurance policy is designed to:
Answer: Help cover costs of nursing home or home care services
Long-term care insurance helps pay for extended care services such as nursing home, assisted living, or home health care.
Which action by a CNA could be considered misappropriation of resident property?
Answer: Using a resident's lotion without permission
Using any resident's personal property—even a small item like lotion—without permission constitutes misappropriation.