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3 years ago

Which standard is for safeguarding of phi specifically in electronic form (ephi)?

1 answer:

6 0

The answer for this question is: A. security standards
Security standards refer to a set of standards that being done in cyber environment in order to protect users from malicious intent towards their information. This will be really crucial to be set by every medical institutions to protect their customer's private healthinformations.

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The appropriate section in the statement of cash flows for reporting the issuance of common stock for cash is: Multiple Choice O

nasty-shy [4]

Answer:

Financing activities.

Explanation:

In the financing activities of the cash flow statement the stockholder equity section should be considered i.e. if there is an issuance of the common stock or preferred stock or both so the same would be represented as cash inflow but if there is a dividend so it would be represent as a cash outflow

So as per the given situation it is a part of the financing activities

6 0

3 years ago

The ABC Corporation makes collections on sales according to the following schedule: 25% in month of sale 71% in month following

Sedbober [7]

Answer:

Budgeted cash collection in June=$110,300

Explanation:

Budgeted cash collection in June will be determined as follows:

Month of sale collection

= 25%×June sales = 25%× 100,000= 25,000

Month following sales collection

71%× May sales= 71% × 110,000 = 78,100

Second month following sales collection

4%× April Sales = 4%× 180,000= 7200

Budgeted cash collection in June= 25,000 + 78,100 + 7200 =110,300

Budgeted cash collection in June=$110,300

6 0

3 years ago

What may make a small business loan challenging to obtain? List at least two potential obstacles.

jeka57 [31]

Answer:

credit

work history

Explanation:

hope this helps

3 0

3 years ago

A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's una

ValentinkaMS [17]

Answer: $5,440

Explanation:

When using the percent of sales method to determine bad debts, the company estimates a percentage that it believes will results in uncollectible debt and then applies it to the sales/revenue figure. The figure that is calculated is then debited along with the debit balance on the Allowance for doubtful accounts to the Bad debts account for the year and credited to the Allowance for doubtful accounts.

This company estimates that they will have 0.6% of credit sales uncollectible.

There are also $790,000 in sales of which all are on credit.

The Uncollectible estimate is therefore,

= 790,000 * 0.6%

= $4,740

This figure is then added to the debit amount on the Allowance for Uncollectible Accounts.

= 4,470 + 700

= $5,440

Note; A debit balance on the Allowance for doubtful debt account signifies that the bad debts were higher than anticipated the last time. This is why the figure is added to the current bad debts expense.

6 0

3 years ago

The Mixing Department of Complete Foods had 62,000 units to account for in October. Of the 62,000 units, 38,000 units were compl

Harman [31]

Answer:

The total equivalent units of production are as follows:

For direct materials = 62,000 units

For conversion costs = 42,000 units

Explanation:

These can be computed by preparing statements of equivalent units as follows:

Statement of Equivalent Units (EU) (Weighted average)

For October

For Materials

Particulars Units (a) Complete (%) (b) EU (c = a * b)

Transferred 38,000 100% 38,000

Ending WIP 24,000 100% 24,000

Total 62,000  62,000 

Statement of Equivalent Units (EU) (Weighted average)

For October

For Conversion Costs

Particulars Units (a) Complete (%) (b) EU (c = a * b)

Transferred 38,000 100% 38,000

Ending WIP 24,000 20% 4,800

Total 62,000  42,000 

Conclusion

The total equivalent units of production are as follows:

For direct materials = 62,000 units

For conversion costs = 42,000 units

5 0

3 years ago