Answer:
1. Dr Salaries expense 590
Cr Bank 590
2. No journal entry is required
3. Dr Vehicle maintenance 390
Cr Bank 390
Explanation:
1. Entry will be created because salaries are of companies employees.
2. In event 2 there is not mentioned of any company equipment purchase and mostly payment is done through checks in company not through credit cards.
3. This event is solely business event because it is clearly stated of company vehicle.
Answer:
c. consistent with the cost-benefit model because most people intuitively weigh costs and benefits
Explanation:
People weight the cost and benefit before making desitions Some times without noticing they are doing it.
Also is important to notice intuition takes a role when there are shades in the information, the effect on the personnel and when not all information is available.
Answer and Explanation:
The value based purchasing is a strategy that encourages the healthcare quality through payment linking that depend upon the quality of the care provided to the patients. It is different from the fee for service as the fee of service means the payment is to be done for taking a particular service
The value based purchasing involved two things
a. Value- based payment system: Here the service quality is determined with the payment made. The good qualiyty would be accepted while the bad quality would be rejected
b. The cost managed by the healthcare provider: The quality care should be provided in order to get reward for the same. and for cover up any lower payment it is necessary to decrease the cost. It is important for the long term substainability as the provider keeps their profit so that the quality care should be provided at lesser cost
All of that would be $255.21
Answer:
The question is incomplete
Explanation:
Price ceiling is a legal maximum on the price at which a good can be sold whereas a price floor is a legal minimum on the price at which a good can be sold
