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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.

You might be interested in

Why do credit card companies typically require small minimum payment amounts on their customers' monthly credit card statements.

evablogger [386]

Answer:

C) Credit card companies want to increase profits by promoting slower repayment, and actual customer repayments will be anchored by the smaller payment options

Explanation:

It is always a bad idea to only pay the minimum monthly payment on a credit card debt, since the APR charged is much higher than other personal loans. If someone only makes the minimum payment and continues to purchase goods or pay services, their balance will continue to grow.

7 0

3 years ago

At December 31, 2022, the following information (in thousands) was available for Ayayai Inc.: ending inventory $22,000; beginnin

Anuta_ua [19.1K]

Answer:

Inventory turnover in days = 43.59 days

Inventory turnover (No of times)= 8.37 times

Explanation:

Inventory turnover days is the average length of time it takes a business to sell its inventory before replacement.

Inventory turnover in days

= Average inventory /Cost of goods sold × 365 days

Average inventory = (Opening Inventory + closing inventory)/2

Average inventory

= (21,000 + 22,000)/2

= 21,500

Inventory turnover in days

(21,500/180,600) × 365 days

=43.597 days

Inventory turnover (No of times )

= Cost of goods sold/Average inventory

= 180,600/21,500

= 8.37 times

4 0

3 years ago

On July 1, 2020, Crocus obtained a $90 million construction loan with a 6% interest rate. The loan was outstanding through the e

enyata [817]

Answer:

$4.5

Explanation:

Interest to be capitalized=$90*6%*10/12=$4.5

As the loan was outstanding from January to October 2021, therefore interest is worked out for 10 months.

Please note that interest of only those debt instruments are capitalized which have been obtained to finance any construction project under the specific interest method.

In our example $90 is the construction loan therefore only this loan's interest is capitalized.

3 0

3 years ago

What is the purpose of the color coded tape located at the front entrance of

irina1246 [14]

Answer:

D. None of the above

Explanation:

The color-coded tape are used at the front entrance of Dollar General stores is a way to attract the customers in the store.

The color-coded tape attracts customers and shows the safety information to customers directly at the point.

Hence, the correct option is "D. None of the above".

8 0

3 years ago

Calculating Net Cash Flow from Operating Activities (Indirect Method) Lincoln Company owns no plant assets and reported the foll

qwelly [4]

Answer:

(a) Net Cash flow from operating activities = 115,000

(b) Net Cash flow from operating activities (NCOA) to current liabilities (CL) :

Current liabilities = 22000+9000 = 31000

NCOA to CL = 115,000/31000 = 3.71

Explanation:

Income Statement

Sales 750,000

Cost of Goods sold (470,000)

Gross profit 280,000

Wages expenses (110,000)

Rent expenses (42,000)

Insurance expenses (15,000)

Net Income 113,000

Cash flow Statement

Net Income 113,000

Cash flow from operating activities :

Increase in Receivables (54,000-49,000) (5,000)

Decrease in Inventories (66,000-60,000) 6,000

Increase in prepaid Insurance (8000-7000) (1000)

Increase in Accounts Payable (22000-18000) 4000

Decrease in wages payable (11000-9000) (2000)

Net increase in cash flow from Operating activities 115,000

5 0

3 years ago