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Likurg_2 [28]
4 years ago
15

Why is it important for a future Medical Administrative Assistant to understand of basic accounting and banking procedures?

Business
1 answer:
Vinvika [58]4 years ago
3 0
The medical administrative assistant is responsible for managing the front desk operations of a medical facility ( s hospital, a physician's office...). The job of a medical administrative assistant includes:  communicating with patients, scheduling appointments, accounting and billing, filing insurance claims, maintaining records.<span> For a future medical administrative assistant it is important to understand of basic accounting and banking procedures because his/her job will require </span>handle billing and light bookkeeping.
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According to the Capital Asset Pricing Model (CAPM), correctly priced securities:
miskamm [114]

Answer:

A) have zero alphas

Explanation:

Stock's alpha show show much they have over or under performed in relation to similar peer stocks. But if the stocks were correctly priced, then alpha should be 0 since no variation, either positive or negative should occur. Alpha basically measures the error in the stock's valuation. It is always better to have positive alphas because if you make a mistake then hopefully is in your favor, but alphas can also be negative and that equals unexpected losses.

This is why the CAPM model only considers beta in its calculation.

5 0
3 years ago
The Department of Homeland Security has asked the Internal Revenue Service for the tax retums of U.S. citizens who have been ide
padilas [110]

Answer: The Department of Homeland Security can obtain the information because it is engaged in law enforcement activity

Explanation:

With regards to the question above, it should be noted that exchanging information is not allowed only in cases whereby the Department if Homeland Security needs it for law enforcement activities.

Therefore, option D i.e. The Department of Homeland Security can obtain the information because it is engaged in law enforcement activity is correct.

7 0
3 years ago
The total payroll of trolley company for the month of october was 960000 of which 180000 represented amounts paid to certain emp
vivado [14]

Answer:

$68,760  

Explanation:

The computation of the payroll expense is shown below:

FICA taxes ($960,000 - $180,000) × (7.65% - 1.45%) $48,360

Medicare ($960,000 × 1.45%)                                       $13,920

State unemployment tax {($960,000 - $600,000) × 1%}  $3,600

Federal unemployment tax {($960,000 - $600,000) × 0.80%} $2,880

Total                                                                                  $68,760  

6 0
3 years ago
Assume Sheryl Jenkins wants to accumulate $ 13,241.39 in two years. She currently has $ 10,621.36 to invest. What interest rate
WITCHER [35]

Answer: 11.65%

Explanation:

The $13,241.39 is a future value amount as it is what is to be accumulated in 2 years.

Future value formula therefore applies:

Future value = Current value * ( 1 + interest rate) ^ no. of years

13,241.39 = 10,621.36 * ( 1 + i) ²

(1 + i)² = 13,241.39 / 10,621.36

(1 + i)² = 1.24667556697

1 + i = √1.24667556697

i = 1.116546267 - 1

i = 11.65%

8 0
3 years ago
Place the steps in order to perform a quick sort.
Margaret [11]
What’s the quesitos asking? Like I know it’s a quick sort but like about what?
7 0
3 years ago
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