Answer:
Provide an opportunity for the patient to talk about concerns
Explanation:
More often than not, details regarding incoming surgeries are unaddressed without any ill intention, but just because the physician is not aware of some of the patient's worries.
In fact a recent study carried on by listening to a series of audio recordings of patient-physician visits provided an insight that also showed that some behaviors in the pre-op consultation lead to the patient not disclosing all of his/her concern. For example, physicians often redirect patients at the beginning of the visit, giving patients less than 30 seconds to express their concerns.
By including the patient in the decision making process, showing empathy, giving clinical recommendations, going through the surgery's agenda with the patient, and giving the patient time and patience to talk about concerns, the pre-op fear will be reduced and even the post-op treatment has more chances of being completed to the letter.
<u>Solution and Explanation:</u>
(a). Firm in perfect competition produces at minimum efficient scale, MEC where average cost AC is minimum. The price is determined by the market supply and demand.
(b) Note that q1 is at the minimum of AC while Q* is to the left of q1. Similarly, P1 is equal to MC while P* is higher than MC. This shows that firms in perfect competition produce more and charge less than the firms in monopolistically competitive market.
(c) All firms in monopolistically competitive market as well as perfectly competitive market earn zero economic profit in the long run. This is because there is a free entry and exit
(d) Demand is steeper for firms in monopolistically competitive market so that demand is elastic. Demand is horizontal for any quantity which means it is perfectly elastic for a firm in competitive market.
Answer:
The cash-flow statement is one of the most important documents for making management decisions. While the company can look profitable based on standard accounting methods, the cash-flow statement tells managers whether the company has the cash to pay its bills over the short-term.
GoPro product is a digital camera with a wide lens that has the capability of take photos. The GoPro brand products are used in sports.
Point of Difference or POD refers to the unique properties of a product. The POD of GoPro products are the unique attributes of these products. Some of these are:
1. Durability of the product
2. Easy to use
3. Quality of camera
<u>Explanation:</u>
Payables control accounts helps to maintain each supplier account as a separate subsidiary ledger and reducing the amount of postings in the general ledger. Receivables control account is useful to maintain the credit sales through separate subsidiary ledger.
When there is a control account then the the trial balance of the firm can be easily prepared by seeing the general ledger.
Book keeping errors can also be identified by reconciling the balance on accounts payable and general ledger accounts.
