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Nina [5.8K]
3 years ago
10

Which of the following statements about the insurance verification process is a FALSE statement? A) Directly affects payment del

ays or denials. B) Insurance verification cannot be performed until the patient arrives for services. C) Is dependent on the accurate collection of demographic and financial information. D) Verifies whether scheduled service expenses will be covered.
Business
1 answer:
Lorico [155]3 years ago
3 0

Answer:

B

Explanation:

Insurance verification cannot be performed until the patient arrives for services

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2 years ago
On March 1, 2021, Bearcat lends an employee $20,000. The employee signs a note requiring principal and interest at 9% to be paid
almond37 [142]

Answer:

Debit interest receivable $1,500

Credit interest revenue $1,500

Explanation:

Adjust entries are used in accounting to record accrued revenue or expense at the end of an accounting period.

On March 1, 2021, Bearcat lends an employee $20,000. The employee signs a note requiring principal and interest at 9% to be paid on February 28, 2022.

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5 0
2 years ago
Taunton's is an all-equity firm that has 152,000 shares of stock outstanding. The CFO is considering borrowing $245,000 at 6 per
dezoksy [38]

Answer:

The value of the firm is $1,773,333

Explanation:

<u>Calculation of Value of each share</u>

Amount borrowed (A)                    $245,000

No. of shares repurchased (B)      <u>   21,000   </u>

Value for each share (C)               <u>  $11.67   </u>

<u></u>

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Value for each share(B)                                        <u>   $11.67   </u>

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Firm value after this transaction                     <u>  $1,773,333</u>

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2 years ago
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