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3 years ago

1. When processing cash payments, the cashier accepts the check and cash payment from the

Business

1 answer:

Tasya [4]3 years ago

8 0

Answer:

That statement is true.

Explanation:

Most companies require this type of procedures to ensure that the employees wouldn't scam the customers during the transaction process.

Restating the total and the total changes allow the guests to conduct a self-calculation for the purchase, ensuring whether the price is suitable to the price tag that provided on the counter. This prevent the employees from giving a higher price to the customers and taking the additional amount for themselves.

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Which of the following statements is CORRECT?

Tatiana [17]

The answer is E. i might be wrong

3 0

3 years ago

Current trends indicate that, due to the emerging economies, the world is moving _____ an economic system that is more favorable

Blababa [14]

Answer: closer to

Explanation:

Emerging economies also referred to as developing countries or emerging markets are countries which are investing in more in their productive capacity ans are also gradually moving away from agriculture as it main occupation and there is increase in industrialization.

Due to emerging markets, the world is moving closer to an economic system that is more favorable for international business. There are more quality goods produced by nations and advancement in technology has also helped the economy.

5 0

3 years ago

Linda's health insurance plan requires that she have a physician that manages all of her healthcare. Linda, most likely, has wha

xxMikexx [17]

Linda has a Health Maintenance Organization (HMO) insurance plan.

Further Explanation:

Health Insurance plan:

Health insurance plan is a type of insurance plan where the insured party gets the coverage for the medical expenses incurred. Health insurance plan would reimburse for the medical treatment that is recorded in the contract between the insurance company and the insured party.

Health Maintenance Organization (HMO):

Health Maintenance Organization provides health plans to the individuals. HMO is a private or public organization that renders health services to its user or subscribers. Subscribers are the individuals who opt for HMO as a health insurance plan. HMO does not provide the health services directly to the user or subscribers. HMO provides the services through various medical insurance provider entities such as doctor, physician, specialist and clinic facility.

HMO subscribers pay periodic (Monthly, quarterly or yearly) premium to HMO. HMO pays the medical entities that are connected to it for providing the services to the individuals. It promotes the higher quality of health treatment for a lower premium.

HMO subscribers pay their periodic premium and get the medical services from the medical entities. The medical entities manage all the healthcare of the subscribers. HMO subscribers can take the medical services only from the contracted medical entities. An HMO subscriber chooses a primary care physician. HMO subscriber can seek medical assistance from the appointed primary care physician only. This physician manages all the healthcare services of the individual.

Linda’s insurance plan:

In the given case, Linda’s insurance plan requires her physician to manage all her health care.

Linda has a Health Maintenance Organization (HMO) health insurance plan. HMO states that the physician provided by the HMO would manage all the activities related to healthcare. The physician is a medical entity that has a contract with HMO to provide the medical assistance to the subscriber of the HMO insurance plan. HMO pays them to assist the subscribers and they manage all the healthcare of the subscribers.

<u>So the current insurance plan is a Health Maintenance Organization (HMO).</u>

Learn more:

1. Learn more about the percentage of costs method brainly.com/question/12960656

2. Learn more about the manufacturing cost brainly.com/question/10570313

3. Learn more about the cost allocation brainly.com/question/12960164

Answer details:

Grade: Senior School

Subject: Business Law

Chapter: Insurance

Keywords: Linda, Insurance plan, Healthcare, Physician, Health insurance, Insurance, Health Maintenance Organization, HMO, Insurance, Health insurance plan, Business law, Type of insurance plan.

8 0

3 years ago

Read 2 more answers

In an exchange, archie gave up his fully depreciated business-use dump truck (fmv $15,000) and $5,000 for a newer business-use d

TiliK225 [7]

Answer:

The realized gain is 0

Explanation:

The fair market value of the truck that archie gives up is $15,000 and the new truck he gets has a fair market value of $20,000. Archie also gives $5,000 in cash plus his old truck in order to buy the new truck.

Gain= Fair market value of new truck -Fair market value of old truck - Cash paid

Gain = 20,000-15,000-5,000

Gain = 0

5 0

3 years ago

Patent laws create a dilemma. The idea behind patent protection is to provide inventors, entrepreneurs, and firms an incentive t

solniwko [45]

Reducing the duration of patent law protection. This would allow firms to recover the costs associated with developing a new product but prevent firms from earning outlandish profits.

Answer: Option D.

<u>Explanation:</u>

The major motive and aim of patent is to increase and encourage the motivation of the producers to innovate and produce new things which can increase the efficiency in the process of production. This is done to increase the innovation.

But if the time of patent of a particular good is reduced then the firm will be able to cover it's cost on the innovation but it would not lead to any kind of inefficiencies as others will also be able to use it after patent is over.

4 0

3 years ago