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NFPA {Ans: National Fire Protection Association. National association that prescribes safety codes and definitions for state and local agencies to adopt as building regulations.}Performance Management System {Ans: Includes review and analysis of monthly and year-to-date financials. Compares actual to budget. This information is typically examined on a variance basis. May be viewed in $'s or % of budget. Comparison may also look at actual versus budgeted performance on a $ per resident per day basis.}Income Statement {Ans: Financial report that summarizes revenues and expenses. Shows net profit or loss for a specific accounting period. Also known as P&L or Statement of Revenue & Expense.}Conservator {Ans: Legal authority and duty to protect assets of a "Protected Person" (a minor or incompetent). Appointed by court. Can only make decisions about property.}Profit Margin {Ans: Defined as ratio of income to sales.}Systems that monitor and adjust financial performance. {Ans: 1. Revenue 2. Purchasing and Expense 3. Financial Performance 4. Cash Management 5. Benchmarking}