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Mkey [24]
1 year ago
7

qzuilet which of the following best describes upics? a. upics are federally funded. b. upics are paid by grant monies. c. upics

only cover certain states where fraud is prevalent. d. upics are private companies contracted by cms.
Business
1 answer:
ioda1 year ago
4 0

Private businesses are employed by CMS as the Unified Program Integrity Contractor (UPIC).

<h3>What is a UPICs used for?</h3>

Investigating instances of alleged fraud, waste, and abuse in Medicare or Medicaid claims is UPIC's main objective. They conduct early and prompt investigations and act right away to prevent the improper payment of funds from the Medicare Trust Fund.

<h3>What role do Medicaid Integrity Contractors (MICs) play in society?</h3>

CMS has agreements with organizations called Audit Medicaid Integrity Contractors (Audit MICs) to carry out post-payment audits of Medicaid providers. The primary objective of provider audits is to find overpayments and ultimately reduce the payment of erroneous Medicaid claims.

To know more about Centers for Medicare and Medicaid Services visit: brainly.com/question/14293469

#SPJ4

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A company's income statement showed the following: net income, $134,000; depreciation expense, $30,000; and gain on sale of plan
andrew11 [14]

Answer:

The net cash provided or used by operating activities is equal to $148,600.

Explanation:

The net cash provided or used by operating activities can be calculated using the indirect method as follows:

XTZ Co,

Calculation of The Net Cash Provided or Used by Operating Activities

(Indirect Method)

For the Year ....

<u>Particular                                                                         Amount ($)    </u>

Net income                                                                        134,000

Adjustment to reconcile net income:

Depreciation expense                                                       30,000

Gain on sale of plant assets                                              (4,000)

(Increase) decrease in current assets:

Decrease in accounts receivable                                       9,400

Increase in merchandise inventory                                 (18,000)

Increase in prepaid expenses                                           (6,200)

Increase (decrease) in current liabilities:

Increase in accounts payable                                          <u>   3,400    </u>

Net cash provided or used by operating activities    <u> 148,600  </u>

Therefore, the net cash provided or used by operating activities is equal to $148,600.

7 0
3 years ago
At the end of the prior year, Atoka Industries reported the following account balances: Common Stock ($0.01 par value) $ 2,000 A
Veronika [31]

Answer and Explanation:

According to the scenario,  journal entry of the given data are as follow:-

Journal Entry  

Cash A/c (10,000 ×$50)    Dr.   $500,000

Additional paid in capital A/c    $280,000

     To Treasury stock A/c(10,000  × $78)     $780,000

(Being the reissue of treasury shares is recorded)

For recording this we debited the cash as it increased the cash and debited the additional paid in capital as it reduced the stockholder equity and credited the treasury stock

4 0
3 years ago
Read 2 more answers
Who is the owner of Amazon
scoray [572]

Answer:Jeff Bezos

Explanation:

7 0
3 years ago
Read 2 more answers
The SBA provides information for which group of people?
Viktor [21]

Answer:

people starting and operating small businesses

Explanation:

In business terms,  SBA stands for Small Business Administration.

This is a government agency that was formed in 1953 with the purpose of providing small scale entrepreneurs with various types of supports. Such as education about how to operate a business, small loans as their beginning capital, etc.

The government created this administration to encourage production of goods that stimulate the growth of the nation's Economy.

4 0
3 years ago
Jessica spends all her income on two goods, A and B. The price of A is $5, and the price of B is $7. At the current consumption
masha68 [24]

Answer:

Jessica should consume more of good A.

Explanation:

Jessica spends all her income on two goods, A and B.

The price of A is $5, and the price of B is $7.

At the current consumption bundle, the marginal utility of A is 10, and the marginal utility of B is 21.

The total utility is maximized when the ratio of marginal utility and price of the goods consumed is equal for all the goods in the bundle.

The ratio for Good A

= \frac{10}{5}

= 2

The ratio for good B

= \frac{21}{7}

= 3

Since the ratio is higher for good B, the consumer should shift from consumption of good B to good A until the ratio is equal for both the goods.

5 0
3 years ago
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