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blsea [12.9K]
2 years ago
10

An outside business associate generously offers you a gift. What is the policy in regards to accepting an item from an outside b

usiness associate
Business
1 answer:
Jet001 [13]2 years ago
7 0

Option B. You may accept the gift if the Outside Business Associate assures you that there is no intent to induce a referral or other business.'

<h3>Who is a business associate?</h3>

This is the  term that is used to refer to a person that is known to perform activities on behalf of another entity.

The entity that they do these activities for are usually covered and they may also hand disclosure of information for the person.

<h3>Complete question</h3>

An outside business associate generously offers you a gift. What is the policy in regards to accepting an item from an outside business associate?

A An item cannot be accepted from an outside business associate. If offered, given, requested, or accepted in exchange for or to induce referrals or other business that may be reimbursed by a Federal health care program.

B You may accept the gift if the Outside Business Associate assures you that there is no intent to induce a referral or other business.

C You may always accept a gift from an Outside Business Associate regardless of the situation.

Read more on Outside Business Associate here: brainly.com/question/25895372

#SPJ1

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Eagle Corp. operates Magnetic Resonance Imaging (MRI) clinics throughout the Northeast. At theend of the current period, the com
8_murik_8 [283]

Answer:

Net Income = $5,000

Stakeholder's Equity = $23,000

Explanation:

Net Income

Revenue        $14,000

-Expenses       <u>$9,000</u>

=Net income   $5,000

Assets = $50,000

Liabilities = $27,000

Accounting Equation:

Assets = Stockholder's equity + Liabilities

$50,000 = Stockholder's equity + $27,000

Stockholder's equity = $50,000 - $27,000

Stockholder's equity = $23,000

Net income of Eagle Corp. is $5,000 and Stockholder's equity is $23,000.

4 0
4 years ago
The major advantage of a regular partnership or a corporation as a form of business organization is the fact that both offer the
posledela

Answer:

True

Explanation:

Some owners of a regular partnership (limited liability partnership) or a corporation (S-corporation) enjoy limited liability, unlike the owners of proprietorships, whose business liabilities and solvency are backed with the personal assets of the owners.  The owners of a C-corporation enjoy full limited liability unless the corporate veil is lifted by the court, depending on prevailing circumstances.  With limited liability also comes limited participation in the management of the entity.

3 0
3 years ago
Which action should a job seeker ideally take by the end of an interview?
spayn [35]
Thank the interviewer and wait for a. Call back
7 0
3 years ago
Read 2 more answers
Organizational commitment can be defined as _____. the collection of feelings and beliefs that managers have about their organiz
Varvara68 [4.7K]

Answer:

the collection of feelings and beliefs that managers have about their organization as a whole.

Explanation:

Organizational commitment can be defined as the collection of feelings and beliefs that managers have about their organization as a whole.

Generally, when the employees working in an organization completely identifies and believe in the vision, mission, values and ethical standards of their organization, it simply means that they believe and are in agreement with what the organization is doing and would basically have a high level of loyalty because they are proud to be associated with what the organization stands for.

Hence, organizational commitment is important for the growth and development of an organization.

4 0
3 years ago
A company purchased a computer system at a cost of $25,000. The estimated useful life is 6 years, and the estimated residual val
Alenkinab [10]

Answer:

$5,102

Explanation:

Double declining Method

Cost $ 25,000

B Residual Value $2,000

C = A - B Depreciable base $23,000

D Life [in years] 7

E = C/D Annual SLM depreciation $3,286

F = E/C SLM Rate 14.29%

G = F x 2 DDB Rate 28.57%

.

Depreciation schedule-Double declining

Year Beginning Book Value Depreciation rate Depreciation expense Accumulated Depreciation Ending Book Value

1 $25,000 , 28.57%, $7,143 , $7,143 $17,857

2 $17,857, 28.57%, $ 5,102 , $ 12,245, $12,755

5 0
4 years ago
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