The statement 'Fraud, Abuse, potential health privacy violation and unethical behavior are examples of issues that should be highlighted to compliance department' is True.
A successful compliance program promotes a compliance culture within an organization. For an effective compliance program it is necessary to
- Prevents, detects and corrects non-compliance.
- Is fully implemented and customized to an organization's particular operations and circumstances.
- Has sufficient resources
- Promotes the Organization's Standards of Conduct
- Establishes clear channels of communication for reporting non-compliance.
To avoid, identify, and address noncompliance as well as Fraud, Waste, and Abuse, an efficient compliance program is necessary (FWA). Non-compliance has an impact on everyone. Without tools it is difficult to prevent and everyone is at stake.
In case of unethical behavior or employee misconduct the organization can take following actions
- Exclusion from all Federal health care programs
- Discipline
- Termination
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The correct answer is choice c, changes in the price level.
Aggregate supply is only affected by capital, labor, and technology in the long run because everything in the economy is assumed to be used optimally. Of the options that are presented, the only option that is not capital, labor or technology is the change in price level, which makes it the correct answer.
Answer: A monopolistic company will produce to the point where the marginal cost is equal to marginal income, which is the production point called optimal.
Marginal Income = Marginal Cost
In other words, from that point the company is not able to obtain more profit if it increases its production. Because it happens that the cost of producing one more unit is greater than the marginal income for that unit, it would be necessary to reduce the level of production because it is excessive.
As in a situation of perfect competition the company is accepting price, then it sells its product at the price given by the market, so its optimal point will be: Marginal Cost = Marginal Income = Price
Segmented pricing is a situation, when seller or a company establishes different prices (two or more), for one the same product.
Price segmentation, to put it simply, is the process of differentiating pricing based on willingness to pay. It is motivated by the reality that customers' price sensitivity might differ greatly from one another, from one product to another, and throughout all the environments in which they use your product.
With price segmentation, you may set different prices for various consumer types according to their willingness and ability to pay. Price segmentation allows you to profit more from consumers who spend the most and less from those who pay the least.
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Answer: Fixed Indirect costs.
Explanation:
Depreciation cost is the amount of a fixed asset that has been charged to expense through a periodic depreciation charge. Depreciation can either be a direct cost which is one that varies in concert with changes in a related activity while
an indirect cost is one that is not directly associated with an activity.
The determination of depreciation as a direct or indirect cost depends upon what it is associated with. For example carpet cleaning is an Indirect costs because it's precise benefits to a specific project is difficult or impossible to trace Also,since depreciation is a fixed cost, because it recurs in the same amount per period throughout the useful life of an asset then cost of the depreciation on the carpet cleaning is a Fixed Indirect Cost.
