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3 years ago

What is one result of an effective corporate compliance program in a healthcare facility?

Business

1 answer:

mario62 [17]3 years ago

5 0

Answer: A more efficient use of taxpayer money

Explanation:

The main purpose of the compliance program is that it helps in developing various types of effective internal control program in terms terms of healthcare facilities that require the state, federal and the personal heath related policies or plans.

According to the given question, the result of the effective corporate compliance plan is that It can effectively using the taxpayer money and also effectively manage all the management.

It also prevents the employees or the organization from violating the rules or the regulations.

Therefore, A more efficient use of taxpayer money is the correct answer.

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Belinda has found a business opportunity she believes will be successful, but there are already a couple companies in that mark

Pavel [41]

Answer: Option D

Explanation: Competitive advantage refers to situation when an organisation gets favorable advantage in the market over its competitors.

In the given case, Belinda is trying to establish business in the industry which already has heavy competition. Therefore, if she wants to establish a customer base, she must need some competitive advantage so that she can operate with low profits initially.

Hence from the above we can conclude that the correct option is D.

6 0

3 years ago

On-line Text Co. has four new text publishing products that it must decide on publishing to expand its services. The firm's WACC

dem82 [27]

Answer:

C. Reject W

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) which is shown below:

Expected return = Risk-free rate of return + Beta × (Market rate - Risk-free rate of return)

= 7% + 1.6 × (12%-7%)

= 7% + 1.6 × 5%

= 7% + 8%

= 15%

The Project W should be rejected as it gives only 14% expected return which is less than the derived expected return.

3 0

3 years ago

When Castle Corporation pays insurance premiums, the transaction is recorded as a debit to prepaid insurance. Additional informa

atroni [7]

Answer:

$227,500

Explanation:

The computation of the total amount of cash paid is shown below:

Cash paid for insurance premium = Prepaid Insurance at end of the year + Prepaid Insurance recognized - Prepaid Insurance at the beginning of the year

= $61,250 + $218,750 - $52,500

= $227,500

We simply applied the above formula so that the correct amount of cash paid could come with respect to the insurance premium

5 0

3 years ago

On March 31. 2019, Home Decorating Pavilion received a bank statement showing a balance of $9,810. The balance in the firm's che

NNADVOKAT [17]

Answer:

Both requirements 1 and 2 are the same, but I guess one refers to a bank reconciliation statement and the other one to a cash account reconciliation.

Bank account reconciliation:

bank balance $9,810

+ deposits in transit $2,935

- outstanding checks 358 and 359 ($2,225)

<u>+ check deducted by mistake $590</u>

reconciled bank account $11,110

Cash account reconciliation:

Cash account balance $10,276

+ note and interest collected $1,320

- bank fees ($31)

- NSF check Dane Jarls ($555)

<u>+ error on check 341 $100 </u>

reconciled cash account $11,110

3 0

3 years ago

You are the manager of a movie theater that is the only one in a local market, so you have strong market power. You have extensi

Gre4nikov [31]

Answer: b. Set higher prices to the students as their demand is relatively more inelastic.

Explanation:

Price elasticity of demand measures the change in quantity demanded to changes in price levels.

If demand is inelastic, a small change in price has a small effect on quantity demanded. An inelastic demand usually has a coefficient of less than 1.

The elasticity of demand for students and senior citizens are both inelastic but that of the students is greater than that of senior citizens. They are less responsive to price changes when compared with senior citizens.

7 0

3 years ago