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LenKa [72]
1 year ago
10

a hospital has not insured itself for malpractice claims with a third-party insurer. which of the following statements best expr

esses the general rule regarding the reporting of liabilities for malpractice claims on the face of the balance sheet? select one: a. they should be reported only to the extent that judgments and settlements are due and payable. b. they should be reported if it is highly likely that the disputes ultimately will be resolved in favor of the claimants. c. outstanding claims should be described in the notes to the statements; adjudicated and settled claims should be reported if they have not been paid d. they should be reported if it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated.
Business
1 answer:
Over [174]1 year ago
5 0

They should be reported if a loss is likely to have occurred and the amount of the loss may be fairly anticipated expresses the general rule regarding the reporting of liabilities for malpractice claims on the face of the balance sheet.

<h3>How should malpractice claims be handled?</h3>

Entities must recognize liability for the projected total expenses of medical malpractice at the time the occurrence possibly leading to a claim occurs, according to FASB ASC 954-450-25-2. An estimate of this type should be collected as a gross sum, not reduced by prospective insurance reimbursements. Recognizing that you are an imperfect human being who will make mistakes will help you lessen your chances of causing injury and being successfully sued. Begin with effective risk management, based on the old adage of the four Cs: compassion, communication, competence, and charting.

To know more about malpractices visit:

brainly.com/question/20226872

#SPJ4

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A ScrumMaster's role is to also be a Servant Leader. Which of the following characteristics is not a Servant Leader characterist
bulgar [2K]

Answer:

D. What are you going to do for me today?

Explanation:

The leader should be first a servant, having a desire to serve than to be served. This makes a leader has authority and not just power by having interactions with ones he leads. He is not just interested in building himself but contributing to growth and development of the people around him.

Therefore asking what one will do for you is not a Servant Leader characteristic because it puts the leader first before the people.

3 0
3 years ago
Jennifer is a manager in a circuit manufacturing plant. a portion of the production process is extremely tedious and repetitive,
Scilla [17]
<span>Robotics could make this repetitive task quicker and less susceptible to error.
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3 0
3 years ago
Read 2 more answers
The value of the mutual fund's portfolio minus the mutual fund's liabilities divided by the number of shares outstanding is call
lara [203]

Answer:

Net Asset value (NAV)

Explanation:

Net Asset value (NAV) represent per share market value of the fund.It is calculated using the below formula

Net Asset value of fund=Value of mutual fund's portfolio-Mutual fund liabilities/Number of share outstanding.

Mutual fund portfolio normally includes all the cash and securities of a fund.

NAV is normally computed at the end of the end of each trading day based on the closing market prices of the fund portfolio.

6 0
3 years ago
Jill's parents are concerned because she does not have a job despite graduating from college. Her parents tell her that they got
gtnhenbr [62]

Answer:

Her sociological imagination.

Explanation:

From the question, we were informed about Jill's parents who were concerned because she does not have a job despite graduating from college. Her parents tell her that they got jobs right out of high school, so she should be able to get a job very easily. They conclude that she must be lazy. Jill tells them that they need to consider larger economic trends and changes in technology to understand why she is having trouble finding a job. Jill is using

Her sociological imagination to explain her inability to get a job. The sociological imagination can be regarded as a practice that involved having ability to “think ourselves away” from some of our daily and familiar routines of our lives, so that see them with critical and new eyes, Sociological imagination is ability gotten by individual to focus away from his/her particular situation then think from other point of view or alternative perspective. Sociological imagination can be regarded from other point of view as capacity of individual to shift his/her thought from one perspective to another perspective.

5 0
3 years ago
John asked Ted why he failed to show up at the study group session. He found out that Ted had had a really tough day.
Kaylis [27]
The answer should be Perception-Checking

Perception checking is where you check someone's behavior, which is how John found out Ted was having a bad day. (based on Teds behavior)
7 0
2 years ago
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