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3 years ago

The insurance claims organization that offers certification as a certified medical billing specialist is the

1 answer:

4 0

Medical Association of Billers is the insurance claims organization that offers certification as a certified medical Billing specialist. It is a membership organization that provides health care billing training and education, CEUs, and the cerified Medical Billing specialist (CMBS) exam.

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Most codes of ethics created by professional organizations have two main parts:________

Sveta_85 [38]

The correct answer is true.

It is completely true that most codes of ethics created by professional organizations have two main parts. One part outlines what the professional organization aspires to become, and the other part lists rules and principles by which members of the organization are expected to abide.

The code of ethics is an obligated set of ethic statements that serves one purpose in the Organization: that every member of the company follows the code directions and applies moral values in every decision-making process to have an honest company that maintains its reputation in the business and that public opinion can never question its procedures and decisions.

4 0

3 years ago

Simon Corporation manufactures hydraulic valves. The product life of a valve is 4 years. Target average profit margin for Simon

Luda [366]

Answer:

Allowable unit cost of a hydraulic valve using the target costing model = 52.4

Explanation:

Given that:

Simon Corporation manufactures hydraulic valves. The product life of a valve is 4 years.

Target average profit margin for Simon 20.00%

The company does not expect the manufacturing cost to vary over the next 4 years

Estimated sales volume and the unit selling price of the valve for the next 4 years is given below:

Year Sales volume (units) Unit selling price

Year 1 40,000 $80.00

Year 2 50,000 $75.00

Year 3 35,000 $50.00

Year 4 25,000 $45.00

The objective is to determine the allowable unit cost of a hydraulic valve using the target costing model.

The Cost for each unit selling price can be calculated as:

= unit selling price - (Target average profit margin × unit selling price)

For Year 1

= $80.00- (0.2 × $80.00)

= $80.00 - $16.00

= $64.00

For Year 2

= $75.00 - ( 0.2 × $75.00)

= $75.00 - ( $15.00)

= $60.00

Year 3

= $50.00 - (0.2× $50.00)

= $50.00 - $10.00

= $40.00

Year 4

= $45.00 - (0.2 × $45.00)

=$45.00 - $9.00

= $36.00

Year Sales volume Unit Cost Cost per Unit

(units) selling price

Year 1 40,000 $80.00 $64.00 $2560000

Year 2 50,000 $75.00 $60.00 $3000000

Year 3 35,000 $50.00 $40.00 $1400000

Year 4 25,000 $45.00 $36.00 $900000

Total: 150000 $7860000

Allowable unit cost = Total cost/Total number of unit cost

Allowable unit cost = $7860000/150000

Allowable unit cost = 52.4

6 0

3 years ago

.In 2027, instead of cashing in the bond for its then current value, you decide to hold the bond until it doubles in face value

cricket20 [7]

Answer:

The question is not complete,find below complete questions:

If you purchased a $50 face value bond in early 2017 at the then current interest rate of .10 percent per year, how much would the bond be worth in 2027? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. In 2027, instead of cashing the bond in for its then current value, you decide to hold the bond until it doubles in face value in 2037. What annual rate of return will you earn over the last 10 years?

The bond is worth $50.50 in the year 2027

The annual rate of return is 7.07%

Explanation:

The future value of the bond is given by the below formula:

FV=PV*(1+r)^N

where PV is the present of the bond of $50

r is the rate of return of 0.10 percent=0.001

N is the duration of the bond investment of 10 years

FV=50*(1+0.001 )^10

FV=$50.50

However for the face of the bond to double i.e to $100, the rate of return can be computed thus:

r=(FV/PV)^(1/N)-1

where FV=$100 (double of $50)

FV=$50.50(current value in 2027)

N=10

r=($100/$50.50)^(1/10)-1

r=0.070707543

r=7.07%

5 0

3 years ago

A municipal government fund that reports income and expenditures related to municipal services for which a fee is charged in exc

zhannawk [14.2K]

Answer: Enterprise fund

Explanation: In simple words, enterprise funds refers to the government fund which is self supportive in nature. Under such funds, government entities such as municipal parties sells goods and services to the public for a specific fee.

The basic objective of implementing enterprise fund is to make revenues out of the facilities that an entity provide so that funding of the operations of such entity can be done properly.

The funds are collected and used by the specific entity but the fee is determined by the government itself.

6 0

3 years ago

In producing product a, 6300 pounds of direct material were used at cost of $1.1 per pound. the standard was 6000 pounds at $1 p

Eva8 [605]

In producing product AA, 6,300 pounds of direct materials were used at a cost of $1.10 per pound. The standard was 6,000 pounds at $1.00 per pound. The direct materials quantity variance is: $300 unfavorable.

The direct materials quantity variance is (6,300 × $1.00) − (6,000 × $1.00) = $300. This variance is unfavorable because more material was used than prescribed by the standard.

A material quantity variance may be a difference between the particular amount of materials utilized in the assembly process and also the amount that was expected to be used. The measurement is utilized to work out the efficiency of a production process in converting raw materials into finished goods.

The material quantity variance can yield unusual results since it's supported by a typical unit quantity that will not be even near actual usage. the fabric quantity is sometimes set by the engineering department and relies on an expected amount of fabric that ought to theoretically be utilized in the assembly process, together with an allowance for an inexpensive amount of scrap.

If the quality is excessively generous, there'll be an extended series of favorable material quantity variances, while the assembly staff might not be doing an especially good job. Conversely, a parsimonious standard allows little room for error, so there's more likely to be a substantial number of unfavorable variances over time.

Thus, the quality accustomed derives the variance is more likely to cause a positive or unfavorable variance than any actions taken by the assembly staff. Of course, variances are caused by production snafus, like an excessive amount of scrap while putting in a production run, or perhaps damage caused by mishandling.

It can even be caused by the business department ordering materials that have excessive caliber in order that more material is scrapped during the assembly process.

learn more about material quantity: brainly.com/question/18684769

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6 0

2 years ago