Misappropriation of assets is a fraudulent act that involves theft of company property.
In asset management, the challenges faced in addition to maximizing the life cycle of the asset itself are errors, misappropriation of assets and financial statement fraud on assets under management.
Mistakes are common in various managements, errors in asset management are caused by unintentional mistakes, in contrast to misuse and fraud which have an intentional element. These things lead to company losses in terms of assets.
Understanding Missappropriation of AssetsMisappropriation of company assets or assets is an illegal act which is often also referred to as embezzlement of assets or theft of assets. For example, embezzlement of company cash, use of facilities for personal gain, fraudulent expenditure of company expenses.
The embezzlement of large amounts of assets will adversely affect the company's cashflow. If not immediately detected and prevented, this will become a new culture that is detrimental to the company.
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a trader sold a cash-secured put that is in the money a few days from expiration. if the trader does not want to be assigned the stock, what can he do? select all that apply.
If the trader does not want to be assigned the stock Buy back the call contract and Roll the call to an out of the money strike.
The shares into which ownership of a corporation or company is split constitute stock in the financial world. A single share of stock represents a portion of the corporation's ownership in relation to the total number of shares. The ownership certificates of any corporation are referred to as "stocks" in general. A shareholder is someone who owns stock in a specific corporation. Stocks come in two common and favored varieties. Stocks signify ownership in a publicly traded business. You acquire a share of ownership in a firm when you purchase its stock. As an illustration, if a company has 100,000 shares and you purchase 1,000 of them, you will own 1% of the business. Investors purchase shares at a predetermined price that is determined by the state of the market.
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a 42-year-old patient was admitted to an asc and began having complications in the or after the induction of anesthesia. the surgeon immediately discontinued the planned surgery. if the insurance company requires a reported modifier, what modifier best describes the extenuating circumstances for the anesthesiologist?
73 modifier best describes the extenuating circumstances for the anesthesiologist
what is modifier 73?
When a service is later terminated, modifiers give hospitals a method to report and get paid for costs associated with preparing a patient for surgery and booking a room for the operation. Both ambulatory surgical facilities and outpatient hospital departments can use this training.
The facility uses the modifier -73 to indicate that a surgical or diagnostic procedure requiring anaesthesia was stopped due to extenuating circumstances or to situations that endangered the patient's safety after the patient had been made ready for the procedure (including procedural pre-medication when provided) and taken to the room where the procedure was to be performed, but before anaesthesia was administered.
In the hospital outpatient department, anaesthesia is defined as local, regional block(s), moderate sedation/analgesia (sometimes known as "conscious sedation"), deep sedation/analgesia, or general anaesthesia for billing purposes. This modifier code was developed so that, even if the treatment was abandoned, the hospital could still be reimbursed for the expenses incurred in preparing the patient for the procedure as well as the materials used in the procedure room and recovery area (if necessary).
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a benefit derived from the creation of an information system that can be measured in dollars and with certainty is a(n):
A benefit derived from the creation of an information system that can be measured in dollars and with certainty is a tangible benefit. A gain that results from the development of an information system that is certain and quantifiable in terms of money.
Reduced personnel costs, lower transaction costs, or improved business margins are some examples of tangible benefits. information system is simple to quantify all concrete advantages. Both concrete and intangible advantages exist. Cash flow, cash income, and cost reduction would be considered the common tangible benefits. The tangible benefits, which include the performance, profitability, and quality of the derived products, are directly measurable.
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using passive voice reduces the number of words required to express an idea and thus saves the reader a little time.
Using passive voice reduces the number of words required to express an idea and thus saves the reader a little time, is a false statement.
Why is active voice preferable to passive voice in writing?
Using active voice for the majority of your sentences helps readers understand your meaning and keeps your sentences from becoming too complicated or wordy. Even in scientific writing, using the passive voice excessively can obscure the meaning of your sentences.
The passive voice has two major disadvantages: the meaning of the sentence may be obscured, or the sentence may become awkward. The use of the passive voice in the example, The plate was broken, prevents the reader from knowing who broke the plate.
Therefore, Passive voice frequently produces ambiguous, indirect, and wordy sentences, whereas active voice produces clearer, more concise sentences.
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which of the following economic activities would be included in u.s. gross domestic product (gdp)? group of answer choices illegal prostitution pure services, such as haircuts work performed and paid for in cash to avoid income tax illegal drug sales
Pure services, such as haircuts is the economic activity that would be included in the U.S. gross domestic product (GDP).
GDP does not reflect illicit or covert economic activity. This implies that only pure services like haircuts can be included in GDP. Personal consumption, corporate investment, government spending, and net exports are the four main components of the gross domestic product. GDP measures the nation's annual total economic production.
Typically, economists concentrate on the ideal GDP growth rate, which is generally accepted to be between 2% and 3% annually. When a nation's GDP is increasing at this rate, it typically experiences economic growth without the drawbacks of high inflation. A country's GDP may vary as per it's population size and availability of resources.
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frederick corporation issues $100,000 of 8% bonds, due in 20 years, when the market rate of interest is 7%. interest is paid semiannually on june 30 and december 31. the issue price of the bonds is:
The bond is issued at a premium.
Which bonds will be priced higher than others?A premium bond is one that trades in the secondary market for more than its par value (original price). When a bond offers an interest rate that is higher than the currently available interest rates being offered for new bonds, it will trade at a premium. When a bond is issued for a sum greater than its principle, a bond issuance premium is created. When the stated interest rate on the bond is higher than the bond's current market yield, the issuer will issue the bond and the
feedback:
Correct. Given that the stated interest rate is 7%, the bond is being offered at a premium.
First, figure out the stated interest rate and then compare it to the going rate.
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assume you create portfolio p with investment proportions of 0.60 in a and 0.40 in b. a. what is the standard deviation of the portfolio? (do not round your intermediate calculations. round your answer to 2 decimal places.) b. what is the beta of your portfolio? (do not round your intermediate calculations. round your answer to 2 decimal places.) c. what is the firm-specific variance of your portfolio?
The standard deviation of the portfolio is 17.58%, the beta of your portfolio is 0.57, the firm-specific variance of your portfolio is 392.04 and 729.
Standard Variable [tex]A^2[/tex] =beta [tex]A^2[/tex] × Standard Variable [tex]M^2[/tex] / R square-A;Standard Variable [tex]A^2[/tex] = [tex]0.55^2[/tex] × [tex]18^2[/tex]/0.25 = 392.04
Standard Variable A = √(392.04) = 19.8%
Standard Variable [tex]B^2[/tex]=beta [tex]B^2[/tex] × Standard Variable [tex]M^2[/tex] / R square-B;
Standard Variable [tex]B^2[/tex]= [tex]0.6^2[/tex] × [tex]8^2[/tex]/0.16 = 729
Standard Variable B = √(729) = 27%
Cov (rA, rB) = beta A × beta B × Standard Variable [tex]m^2[/tex] = 0.55 × 0.6 ×
[tex]18^2[/tex] = 106.92
Correlation(A,B) = Cov (rA,rB) / (sStandard VariableA × Standard
VariableB)
Correlation (A,B) = 106.92/(27 × 19.8) = 0.2
Portfolio standard deviation = √ ( w[tex]1^2[/tex] × Standard Variable[tex]A^2[/tex] + w[tex]2^2[/tex] ×
Standard Variable[tex]B^2[/tex] +
2×w1×w2 × corr(A,B) × stdVA × stdVB)
W1 =0.6 ;w2 =0.5; stdVA =19.8%; stdVB=27%; corr(A,B) =0.2
By substitution, we get Portfolio standard deviation as 17.58%
Beta of the portfolio is 0.6 × 0.55 +0.4 × 0.6 = 0.57Firm specific Variance of A = stdV[tex]A^2[/tex] = 392.04 ( as shown in Part 1)Firm specific Variance of B = stdV[tex]B^2[/tex] = 729 ( as shown in Part 1)
Covariance between portfolio and market indexCov(rP, rM) = Corr × stdVP × stdVM
Cov(rP,rM) = 0.2*17.58 × 18 = 63.28
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An FHA loan made last year may be assumed:
-only by a buyer who intends to occupy the property
-only by a buyer who intends to occupy the property as a primary residence
-only by a buyer who has had an FHA loan before
-by any buyer, regardless of whether he intends to occupy the property
Loans after that date may also be assumed, but the Federal Housing Administration requires a" creditworthiness supposition process". Simple hypotheticals may not bear FHA blessing, but the borrower and lender must work out the details together.
What happens to the property?For all loans after the 1986 cut off date, FHA blessing and borrower credit verification are needed. The" new" FHA rules governing loan supposition requires the borrower to qualify important in the same way he or she'd qualify for any other FHA home loan.
A loan supposition credit check is done in the same way as the procedure for any FHA loan operation. Loan hypotheticals can not offer more lenient credit check programs or more strict bones
According to the FHA, under the" Determining if an Assumptor is Creditworthy" rule," The lender who's the holder or servicer of the mortgage determines the creditworthiness of the assumptor, in agreement with standard mortgage credit analysis conditions. The Direct Countersign( DE) lender may also use an approved authorized agent to reuse hypotheticals."
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the sarbanes-oxley act of 2002 attempts to increase corporate accountability by imposing strict disclosure requirements and harsh penalties for securities laws. true false
True. The Sarbanes-Oxley act of 2002 attempts to increase corporate accountability by imposing strict disclosure requirements and harsh penalties for securities laws.
In 2002, the legislation's proponents, U.S. Senator Paul Sarbanes (D-MD) and U.S. Representative Michael G. Oxley gave it the moniker Sarbanes-Oxley (R-OH). Therefore, in order to be "SOX compliant," upper executives must personally vouch for the correctness of financial data. Additionally, the consequences of engaging in dishonest financial conduct are very harsh.
The act strengthened the responsibility of directors in providing supervision and expanded the independence of external auditors who check the accuracy of business financial statements.
In response to many significant accounting and corporate scandals, including those involving Enron, Tyco International, Adelphia, Peregrine Systems, and WorldCom, the measure was passed. These crises destroyed people's faith in the US securities markets and lost investors thousands of dollars as the share prices of the corporations involved fell.
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an entity with a large volume of customer remittances by mail most likely can reduce the risk of employee misappropriation of cash by using group of answer choices employee fidelity bonds. independently prepared mail room prelists. daily check summaries. a bank lockbox system.
An entity with a large volume of customer remittances by mail could most likely reduce the risk of employee misappropriation of cash by using a bank lockbox system.
A customer is someone who buys goods or services from a business. Customers are important to businesses because they are the ones who generate revenue. Employee, on the other hand, are the people who work for the business.
They are responsible for carrying out the day-to-day operations of the entity. Employees are important to businesses because they are the ones who make the business run.
Hence, "Fourth" is the correct option.
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suburbanization within more developed countries is due to a. expanding urban territory. b. increasing employment opportunities. c. desire to change lifestyle. d. regional development. e. global investment.
Suburbanization within more developed countries is due to the desire to change lifestyle.
Suburbanization:
Suburbanization is the terms refers the growth and spatial reorganization of contemporary city. And the growth out of the compact city is the result of the flow of population, dwelling places, and commercial and industrial activities to new low-density settlements.
Given,
Here we need to find the reason for the suburbanization within more developed countries.
According to the definition of the suburbanization, the reason for the the suburbanization in the developed countries is the desire to change the lifestyle of the person.
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a monopolist who price discriminates perfectly will produce the socially efficient level of output. true false
A monopolist who price discriminates perfectly will produce a socially efficient level of output is False.
First-degree price discrimination by a monopolist will not result in lower output than would be produced by a firm operating in perfect competition. Instead, while still maintaining total excess, the monopolist simply converts all consumer surplus into producer surplus.
A monopolist who practices perfect discrimination will impose the greatest price on each customer. As a result, each unit would bring in money equivalent to the reservation charge.
A perfectly price-discriminating monopoly produces up until the point where the price and marginal cost are equal. Monopolies are able to set prices at will because of their control over the market and the absence of direct rivals for the products they sell.
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alpaca corporation had revenues of $240,000 in its first year of operations. the company has not collected on $19,300 of its sales and still owes $26,400 on $85,000 of merchandise it purchased. the company had no inventory on hand at the end of the year. the company paid $11,500 in salaries. owners invested $18,000 in the business and $18,000 was borrowed on a five-year note. the company paid $3,700 in interest that was the amount owed for the year, and paid $6,100 for a two-year insurance policy on the first day of business. alpaca has an effective income tax rate of 30%. compute net income for the first year for alpaca corporation.
It is given that revenue is $300,000. The cost of goods sold is $75,000. There is no inventory on hand. Thus, merchandise inventory is treated as a cost of goods sold. Gross margin is calculated by deducting revenue from the cost of goods sold. Therefore, the gross margin is $225,000.
merchandising is any exercise which contributes to the sale of merchandise to a retail patron. At a retail in-keep stage, merchandising refers to displaying merchandise that are on the market in a innovative way that entices customers to purchase greater gadgets or merchandise. In retail commerce, visible show merchandising method products income using product design, selection, packaging, pricing, and display that stimulates purchasers to spend extra. This includes disciplines and discounting, bodily presentation of merchandise and displays, and the choices about which products should be presented to which customers at what time.
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what percentage of the wages of male and female employees difered in the marketing industry, as of the 1990s
Wages of male and female employees differed in the marketing industry in the 1990's by 54%.
What are wages?A wage is money paid to an employee by their employer for labour completed over a certain amount of time. Wage payments include remunerative payments like rewards and tip payouts as well as compensation payments like the minimum wage, prevailing wage, and annual bonuses. Say you have a worker who receives $20 per hour of work. They worked a total of 80 hours throughout a two-week pay period. Wages and salaries are the compensation given to employees for work done on their behalf or for services rendered. In general, an employer is not allowed to withhold pay or any portion of them unless specifically allowed or mandated by law.
Hence, Wages of male and female employees differed in the marketing industry in the 1990's by 54%.
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When jobs returned to apple in 1997, he reduced apple’s offering to how many products?.
Jobs cut all of the desktop models—there were fifteen—back to at least one. He cut all transportable and hand-held models back to at least one laptop computer.
He fully cut out all the printers and alternative peripherals. When Steve Jobs returned to Apple in 1997, his 1st action was reducing quite the ninetieth of Apple products. Moving forward, Jobs' strategy was to provide solely four products: one desktop and one transportable device aimed toward each customer and professional.
Jobs quickly cast employee alliances with Apple's erstwhile foe, Amelio's Mac-clone agreements, and simplified the company's line.
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when employees are fully engaged with their job to the point that it becomes a sense of who they are, they have achieved what is known as .
When employees are fully engaged with their job to the point that it becomes a sense of who they are, they have achieved employee engagement.
What is employee engagement and when employees are fully engaged with their job to the point that it becomes a sense of who they are?Employee engagement is the practice in which the employees are so much busy their profession and they enjoy the time spending with their jobs.Here the question is asked of the employees who are fully engaged with their job to the point that it becomes a sense of who they are , they have achieved.In such phenomena employees are so connected to their team members and team members and love the profession they are in.They are so favorable of their opinions of place of work and also love spending time for their jobs and profession.Hence the employees fully engaged with their job to the point that it becomes a sense of who they are have achieved employee engagement.To know more about jobs visit:
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the automotive semiconductor has been in shortage, but the supply has recently been stabilized. what would happen to the demand for car engines? automotive semiconductors and car engines are complementary goods.
"Cross Elasticity of Demand" We know that complementary goods are those that are demanded together. Complementary goods are those in which one good has utility and is demanded only when the second related good is also available.
In economics, goods are products that meet human desires and give utility, such as a gratifying product purchased by a consumer. A typical difference is drawn between transferable products and nontransferable services.
A good is a "economic good" if it is helpful to people but scarce in relation to demand, requiring human effort to attain it. In contrast, free products, such as air, are naturally abundant and require no intentional effort to obtain. Private goods are items owned by individuals, such as televisions, living room furniture, wallets, cellular phones, and basically everything owned or utilized on a regular basis that is not food-related.
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one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be: a. 19,600 pounds b. 20,400 pounds c. 18,600 pounds d. 18,400 pounds
Setting goals for sales, production, and expenses for a future period is part of the budgeting process. A typical operational's master budget consists of several smaller sub budgets.
Due to the production aspect of the operations, a manufacturing budget typically includes multiple sub budgets and is typically more detailed than a retail budget. The company's sales budget or the budget for the units it anticipates selling each month or quarter drives all budgets. To ensure a smooth production process, the company can use this budget to determine the desired beginning and ending inventories.
What is budgeting, exactly?
The process of devising a strategy for spending your money is called budgeting. A budget is the name given to this spending plan. By developing this spending plan, you can anticipate whether you will have sufficient funds to carry out the things you need to do or would like to do. Simply balancing your income and expenses is the essence of budgeting.
Which three kinds of budgeting are there?
Surplus Budget, Balanced Budget, and Deficit Budget are the three types of annual estimates-based government budgets.
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you are a health it consultant in a company which is developing different kind of clinical support tools. you are preparing a presentation about clinical decision support tools for a meeting with the leadership of a hospital, which could be your future client. you would like to add one slide which will describe the biggest challenges of achieving meaningful clinical decision support, as well as your solutions. what are bullets that you will add to the slide?
This leads us to believe that there are a few common reasons why doctors abuse clinical decision support systems, such as:
changed processessluggish alertnessloss of autonomyAnxiety.The phrase "clinical decision support system" describes a category of health data that makes use of technology to provide staff, medical professionals, patients, or other individuals with the knowledge and information they require to improve healthcare.
It uses a variety of techniques to improve the quality of therapy outcomes. Making decisions in the healthcare workflow is improved. Even so, it could still be detrimental to the supplier.
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a firm in the early stages of the industry life cycle will likely have . a. high market penetration b. high risk c. rapid growth d. a and c e. b and c
A firm in the early stages of the industry life cycle will likely have high risk as well as rapid growth.
So, the correct options are B & C.
The company is probably high-risk, experiencing quick expansion with just a small amount of market penetration and instability within its industry in the early phases of the industry life cycle. Consider a scenario in which the government decides to reduce the budget deficit. Due to the significant amount of money initially invested in technology, equipment, and other fixed costs, businesses in the startup stage are likely to generate zero or very little revenue and experience negative cash flows and profits.
An industry's life cycle is divided into four stages: introduction, growth, maturity, and decline. When new products are developed, industries are created, but there is a great deal of uncertainty about the market size, the product's specifications, and the primary competitors.
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minority, women, and disabled veteran-owned firms are accurately described by which of these? group of answer choices they often partner with larger firms in a diversity supplier role. they often operate at an economic advantage. they have a medium rate of business failure. they face limited competition from more established firms.
Minority, women, and disabled veteran-owned firms are accurately described by they often partner with larger firms in a diversity supplier role.
A company is considered a diverse supplier if it is at least 51% owned and run by someone or some group that has historically been underrepresented or underserved. Small businesses (SBEs), minority-owned businesses (MBEs), and woman-owned businesses are common categories. Businesses run by other underrepresented groups, including LGBQT people, veterans, and owners of disabilities, have increasingly been included in the definition of diversity over time.
The 1950s and 1960s civil rights movement served as a crucial foundation for the history of supplier diversity in the United States. After racial unrest erupted in Detroit in 1968, General Motors established what is known as one of the first supplier diversity initiatives. The majority of the American auto industry soon followed suit. Around this time, pioneers in the electronics sector like IBM started to implement supplier diversity programs. Public Law 95-507, which was later passed, created a program to encourage government contractors to integrate minority-owned companies into their supply chains.
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true or false: if you promise to make a gift of $1 million to a church, which begins new construction based on your promise, you can be held legally obligated to make the gift.
It is true that if you promise to make a gift of $1 million to a church, which begins new construction based on your promise, you can be held legally obligated to make the gift.
A promise to make a donation is known as a donative promise. Preston, for instance, guarantees Henry a car. A mere donative commitment is often void because there is no consideration, according to the law.
Consideration is what compels the parties to enter into the agreement. It is possible to tell a contract from a gift by whether or not there is payment. A gift is a voluntary, unremunerated transfer of property that is made without any expectation of payment.
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the process of building and maintaining relationships with people whose interests are similar or whose relationship could bring advantages to the firm is called .
The process of building and maintaining relationships with people whose interests are similar or whose relationship could bring advantages to the firm is called networking.
Networking is the process of sharing information or services between individuals, organizations or groups. It provides a tool for people to expand their professional or commercial contacts. As a result, people might establish relationships or a network that is beneficial to them in both their personal and professional lives. Through networking, one can create lasting connections that allow for the trade of goods and services that benefit all parties. Through networking events, social media and professional networking, you can make new and important business connections.
The second half of the 20th century saw the promotion of networking as a way for businesspeople to increase their social capital. In the US, proponents of workplace equity pushed members of underrepresented groups to network in order to identify and address the obstacles they faced.
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you're trying to determine whether or not to expand your business by building a new manufacturing plant. the plant has an installation cost of $12.5 million, which will be depreciated straight-line to zero over its four-year life. if the plant has projected net income of $1,368,000, $1,935,000, $1,738,000, and $1,310,000 over these four years, what is the project's average accounting return (aar)?
The project's average accounting return (Aar) AAR =0.12702
Briefing:-The average net income divided by the average book value is how we define AAR. The project's typical net profit is:
($1,368,000 + 1,935,000 + 1,738,000 + 1,310,000) / 4 equals $1,587,750 for average net income.
The average book value is equal to ($12,500,000 + 0) / 2 which is $12,500,000.
As a result, the project's AAR is calculated as follows: AAR = Average Net Income / Average Book Value.
AAR =$1,587,750 / $12,500,000
AAR =0.12702
Is the typical income gross or net?Collect every adult's gross income above the age of 15 to determine the average household income. Make careful to account for all sources of income, including salaries, tips, bonuses, retirement income, and social security benefits. among others, Social Security benefits. To calculate the total household income, add these up.
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if an agreement is drafted that indicates that the promises made by the parties are not to be performed until a specified event takes place, that event is called:
The actions, conduct, or circumstances of the parties concerned result in an implied contract.
What Is an Implied Contract?A legally-binding obligation that results from the actions, behavior, or circumstances of one or more parties to an agreement is known as an implied contract. A verbal or written contract is enforceable in court just like an implicit contract. It has the same legal effect as an express contract, which is a voluntary agreement reached between two or more parties and expressed verbally or in writing. Contrarily, the implied contract is presumed to exist and requires neither a written nor an oral confirmation.There is no need to confirm the existence of the implicit contract, such as an implied warranty.To Learn more About implied contract refer to :
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the oldest anti-fraud law, which is to be addressed in a healthcare corporate compliance program, is the:
The Medicaid Integrity Program is created in accordance with the oldest anti-fraud statute, which must be handled in a corporate compliance program for the healthcare industry.
Who founded the Medicaid Integrity Program?The Medicaid Integrity Program (MIP), which was established under section 1936 of the Social Security Act (the Act) by the Deficit Reduction Act of 2005, significantly expanded the federal government's involvement and duty in the fight against Medicaid fraud, waste, and abuse.The Medicaid Integrity Program of the Centers for Medicare & Medicaid Services has been working with states since 2006 to advance best practices and knowledge of Medicaid and Children's Health Insurance Program (CHIP) fraud, waste, and abuse.Program integrity actions are designed to make sure that money from federal and state tax payers is used effectively to provide high-quality, essential care while avoiding fraud, waste, and abuse.To learn more about Medicaid Integrity Program refer to:
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at one time, as a condition of employment, the employer could make the employee sign a statement prohibiting the worker from joining a union. what was this called?
Previously, the employer might require the worker to sign a declaration saying they are not allowed to join a union as a condition of employment. National Education Association, if that's what it was (NEA).
The largest union in the country is the National Education Association (NEA). It is made up of teachers and other support staff from public schools, academic staff from colleges and universities, retired educators, and college students majoring in education.
National Education Association (NEA), an American voluntary organization of educators working in colleges, institutions, and elementary and secondary schools. It is the biggest professional association in the world. Washington, D.C. serves as its administrative center.
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Anna purchases a wedding dress and takes the dress to jessica for alteration. Anna and jessica agree that anna will pay jessica $75 for the alterations. After jessica begins working on the dress, she has second thoughts. Jessica contacts anna and advises her that the alternations will cost $150 instead of $75. Because anna’s wedding is in just two weeks, anna reluctantly agrees. Once the alterations are completed, anna pays jessica the $75 originally agreed on. Is jessica entitled to the additional $75?.
Option A. No, Jessica is not entitled to the additional $75 because there is no additional consideration for the revision to the contract.
Why is Jessica not entitled to the amount?
A contract record with the status value of APPR may be revised to make changes. Contracts without any recent revisions and with the status value of APPR are eligible for the Revise Contract action. When you change a contract, all of the information from the original copy is duplicated.
Contract lines, terms and conditions, related SLAs, commodities, permitted sites, and the contract number are all duplicated. No, Jessica is not entitled to the additional $75 once the revisions have been made in the example because the contract revision has already been paid for.
The modifications to the original contract might be listed in a letter that both parties must sign. A contract amendment can be generated using a template or from a provider of legal services. The original signed contract can have addendum pages at the end of it, either digitally or printed.
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Anna purchases a wedding dress and takes the dress to Jessica for alteration. Anna and Jessica agree that Anna will pay Jessica $75 for the alterations. After Jessica begins working on the dress, she has second thoughts. Jessica contacts Anna and advises her that the alternations will cost $150 instead of $75. Because Anna’s wedding is in just two weeks, Anna reluctantly agrees. Once the alterations are completed, Anna pays Jessica the $75 originally agreed on. Is Jessica entitled to the additional $75?
No, Jessica is not entitled to the additional $75 because there is no additional consideration for the revision to the contract.
Yes, Jessica is entitled to the additional $75 because Anna agreed to it, forming a valid contract.
Yes, Jessica is entitled to the additional $75 because the original contract contained insufficient consideration.
No, Jessica is not entitled to the additional $75 because contracts cannot be altered once the terms are agreed on.
as a result of the rapid pace of innovation: product life cycles have become shorter. product development cycles have become significantly longer. market segmentation has reduced. product obsolescence has slowed down.
As a result of the rapid pace of innovation, Option(a) the product life cycles have become shorter.
Explain product life cycle.The product life cycle is the period of time that elapses between the day a product is first introduced to the market and the day it is removed from the market. There are four stages in a product's life cycle: introduction, growth, maturity, and decline.
In addition to determining advertising schedules, price points, expanding to new product markets, and redesigning packaging, product life cycles assist management and marketing professionals in deciding how to create new products. Product life cycle management refers to these strategic methods of supporting development. New products can also determine when older ones should be replaced by updated ones.
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governments often promote exports by helping companies finance their export activities. which u.s. financing entity finances the export activities of companies in the united states and offers insurance on foreign accounts receivable?
Export–Import Bank of the United States is the financing entity finances the export activities of companies in the United States and offers insurance on foreign accounts receivable.
The Export Import Bank of the United States (EXIM) is the official export credit agency of the United States federal government. EXIM is an independent, self-sustaining executive branch agency with a mission of supporting American jobs by facilitating the financing of U.S. exports.
These products include short-term working capital guarantees, export-credit insurance, and direct loans. Over the past 85 years, EXIM has supported more than $600 billion of U.S. exports.
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