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Gnesinka [82]
3 years ago
15

President Obama said in a number of speeches advocating his health care plan, "If you like your health care plan, you can keep y

our health care plan, period." After the law was passed and as its provisions took effect, about 5 million Americans had their policies canceled because the policies no longer met federal minimum standards for coverage. A provision in the law required insurers to cancel any policies that did not meet those federal standards. Which of the following categories does the President’s statement fall into? a. Giving or allowing a false impression b. Conflict of interest c. Personal decadence d. a, b and c
Business
2 answers:
seraphim [82]3 years ago
7 0

Answer:

The correct answer is letter "A": Giving or allowing a false impression.

Explanation:

The statement:

"<em>If you like your health care plan, you can keep your health care plan, period</em>";

is vague if the intention is to comprise a major and wide topic such as public health care insurance. If we base our judgment only in the statement, <em>President Obama would be allowing a false impression because he is actually stating something true without outlining all the implications of the matter being discussed</em>. As a result, some insured lost their coverage since within those implications there was a provision setting the minimum standards for the policy which not every coverage fulfilled.

Burka [1]3 years ago
4 0

Answer:

D.a, b and c

Explanation:

a. Giving or allowing a false impression b. Conflict of interest c. Personal decadence d. a, b and c

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Which is the most expensive form of advertising blank is the costliest mode of advertising as it includes buying air time and sh
Sveta_85 [38]

Answer:

Television Advertising is the most expensive form of advertising.

Explanation:

Television Advertising still the most powerful advertising. Even though internet has a huge access to households. TV still the only Mass Media electronic that is possessed almost by all houses in the world.  

The Advertising in TV reaches a greater number of users than any other media. Because of this advertising in TV is extremely costly when compared to other mass media.  

Big events such as the super bowl have an expensive fee for the companies that want to air an add. The most expensive add ever is No. 5 the Film (2004) is a 180-second short film directed by Baz Luhrmann for the perfume company Channel, this advertising had a budget of $33 million dollars.    

4 0
4 years ago
When the amount of revenue collected in advance decreases during an accounting period:(A) Accrual-basis revenues exceed cash col
otez555 [7]

Answer:

The correct answer is letter "A": Accrual-basis revenues exceed cash collections from customers.

Explanation:

Revenue collected in advance are profits collected usually at the beginning of a contractual agreement that implies obligations from the firm for a certain time. For instance, insurance companies charging a one-time payment for an annual policy fall into this category.

The accrual basis of accounting states that profits are reported on the income statement as they are earned. In that case, if the revenue collected in advance decreases, the accrual-basis revenues will be higher than the cash collections from customers under the advanced payment method.

5 0
3 years ago
The Valenti Company uses flexible budgeting for cost control. Valenti produced 10,800 units of product during October, incurring
Alex Ar [27]

Answer:

$500 favorable

Explanation:

Given;

Number of units produced  = 10,800 units

Actual indirect material costs = $13,000

Reflected indirect material costs for 144,000 units  = $180,000

Now,

Per unit reflected indirect material costs = $180,000 ÷ 144,000

= $1.25 per unit

Therefore,

Budgeted indirect material cost for actual units produced

= $1.25 × 10,800

= $13,500

since,

the budgeted cost for indirect material cost for actual units produced is more than the actual indirect material cost, therefore

the indirect material costs in October is favorable

amount = Budgeted cost - Actual cost

= $13,500 - $13,000 = $500 favorable

5 0
3 years ago
To assist ________ decision making, information systems are used to obtain aggregate summaries of trends and projections of the
Zinaida [17]

Answer: Executive level.

Explanation:

The Executive level decision making are decisions made concerning a company by the management or owners of the company. When making decisions at the highest level in a company there is a high reliance on accurate information sources to enable accurate decisions to be made.

8 0
3 years ago
Han Products manufactures 27,000 units of part S-6 each year for use on its production line. At this level of activity, the cost
o-na [289]

Answer:

Financial advantage  of accepting the outside supplier’s offer= $23,000

Explanation:

The relevant cash flow from the accepting the offer of the outside suppliers include

Extra variable cost of buying

Savings in direct fixed manufacturing overhead

Gains from annual rental income from facility

Unit variable cost of making: 3.5+ 10+ 2.50 =$16

Direct fixed manufacturing overhead (1/3× 12× 27,000)=  108,000.00  

                                                                                                           $

Variable cost of external purchase (22× 27,000)                       594000

Variable cost of making   (16×  27,000)                                       <u>(432000 )</u>

Extra variable cost of buying                                                        (162000 )

Savings in manufacturing cost                                                      108,000

Revenue from rental charge                                                        <u>  77,000</u>

Net financial advantage from buying                                         <u>   23000 </u>

Financial advantage  of accepting the outside supplier’s offer= $23,000

4 0
3 years ago
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