Democratic style of leadership is termed as useful when all team members need to feel involved.
Democratic leadership is referred to as participative leadership or it can be called shared leadership. It is a leadership style where members of the group take a more participative role in the process of decision making. It can apply to any organization. Everybody is given the opportunity to exchange ideas freely or participate and encourage discussion. The democratic process helps to focus on the free flow of ideas which are focused on the group equality and leader offers control and guidance. The democratic leader has the mandate to know who is in the group and who contributes to the decision which is made.
Many who people enter a nursing home as private-pay patients rapidly deplete their income and assets and thus become poor through a process known as The Spend-Down Process.
When an individual's income is too high to qualify for Medicaid, he or she may use a Medicaid spend down strategy. To be accepted into the program, the individual must spend down some of his or her income to ensure that his or her income is low enough to qualify for Medicaid. You can apply for Medicaid either through your state's Medicaid agency or through the Health Insurance Marketplace.
Individuals frequently must first complete an income or asset spend down in order to qualify for Medicaid. This means that a portion of the individual's income or assets must be spent, typically on health care and medical-related expenses. However, you could spend money on accumulated debt, such as a mortgage, a car, or credit card balances.
Learn more about Medicaid here:
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Answer:
$45,000
Explanation:
Data provided in the question:
Selling cost of the furniture on May 1, 2015 = $300,000
Original cost of the machine on January 1, 2008 = $750,000
Depreciable Life of the furniture = 10 years
Salvage value = $75,000
Now,
Annual depreciation =
or
Annual depreciation =
or
Annual depreciation = $67,500 per year
The total duration from the date of purchase to date of selling
= 7 years 4 months
or
= 7 × 12 + 4 months
= 88 months
= years
therefore,
The total accumulated depreciation till the date of sale
= Annual depreciation × Duration
= $67,500 ×
= $495,000
Thus,
The book value on May 1, 2015
= Purchasing cost - Accumulated depreciation
= $750,000 - $495,000
= $255,000
Hence,
The gain recognized = Selling cost - Book value
= $300,000 - $255,000
= $45,000
Answer:
Prepare Kameron Gibson’s bank reconciliation.
Cash 282,1
Books
Payroll Check 1260,9
Checks written 150,7
Checks written 16,35
Deposit not in stat. -666,6
Banks
Bank service fee -12,4
NSF Check -10,7
Bank conciliation 1020,35
Bank account 1020,35
Explanation:
Cash 282,1
Books
Payroll Check 1260,9
Checks written 150,7
Checks written 16,35
Deposit not in stat. -666,6
Banks
Bank service fee -12,4
NSF Check -10,7
Bank conciliation 1020,35
Bank account 1020,35