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Furkat [3]
3 years ago
12

A large HMO has teamed up with several other large HMOs to study falls and footwear. The investigator proposes to review 5,000 m

edical records across 10 institutions of individuals injured during the last three years from a fall, so he has enough power to detect whether there is a greater number of falls among people who wear clogs. Because individuals wear so many different types of shoes, he will need to review a large number of records to find those few individuals who fit this category. From the medical records, he plans to extract the type of shoe the individuals wear. Which of the following is likely to be the level of review?
a. expedited review required, as the study presents no greater than minimal risk but involves the use of medical records that contain sensitive information
b. full IRB review because the study exposes subjects to greater than minimal risk because the use of private information from multiple institutions
c. exempt as the study presents no greater than minimal risk and does not collect identifying information
Business
1 answer:
JulijaS [17]3 years ago
5 0

Answer:

c. Exempt as the study presents no greater than minimal risk and does not collect identifying information

Explanation:

It is given that, the researcher wants to the number of individuals who ere injured or fell and wore the clogs type of shoes. So he teamed up with several HMOs to make a study on the falls and the footwear by studying at least 5000 medical records for the last three years.

By studying the medical records of the individuals, he wishes to extract the shoes type of the individual wear. Thus, this type of review is an exempted review because in this case the study have no greater than the minimal risk and also it does not collect any identifying information of the subjects.

Therefore, option (c) is correct.

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Vandelay Industries is considering the purchase of a new machine for the production of
Colt1911 [192]

The Equivalent annual cost for the Machine A and B is $5,083,947.72 and $5,461,499.68 respectively,

<h3>What is an Equivalent annual cost?</h3>

In accounting, this refers to the annual cost of owning, operating, and maintaining an asset over its entire life.

<h3>Machine A:</h3>

Cost of Machine = $3,210,000

Useful Life = 6 years

Annual Depreciation = Cost of Machine / Useful Life

Annual Depreciation = $3,210,000 / 6

Annual Depreciation = $535,000

Annual OCF = [Sales - Variable Costs - Fixed Costs] * (1 - tax)+ tax * Depreciation

Annual OCF = [$12,400,000 - 37% * $12,400,000 - $350,000] * (1 -0.24) + 0.24 * $535,000

Annual OCF = $7,462,000 * 0.76 + 0.24 * $535,000

Annual OCF = $5,799,520

NPV = -$3,210,000 + $5,799,520 * PVIFA(9%, 6)

NPV = -$3,210,000 + $5,799,520 * 4.48592

NPV = $22,806,182.76

EAC = NPV / PVIFA(9%, 6)

EAC = $22,806,182.76 / 4.48592

EAC = $5,083,947.72

<h3>Machine B:</h3>

Cost of Machine = $5,455,000

Useful Life = 9 years

Annual Depreciation = Cost of Machine / Useful Life

Annual Depreciation = $5,455,000 / 9

Annual Depreciation = $606,111.11

Annual OCF = [Sales - Variable Costs - Fixed Costs] * (1 - tax)+ tax * Depreciation

Annual OCF = [$12,400,000 - 32% * $12,400,000 - $240,000] * (1 -0.24) + 0.24 * $606,111.11

Annual OCF = $8,192,000 * 0.76 + 0.24 * $606,111.11

Annual OCF = $6,371,386.67

NPV = -$5,455,000 + $6,371,386.67 * PVIFA(9%, 9)

NPV = -$5,455,000 + $6,371,386.67 * 5.99525

NPV = $32,743,055.93

EAC = NPV / PVIFA(9%, 9)

EAC = $32,743,055.93 / 5.99525

EAC = $5,461,499.68

Read more about Equivalent annual cost

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5 0
2 years ago
Which statement indicates that a person is less likely to be an effective team member? A-"That's not my job." B-"I can help you
Nat2105 [25]
A is quite clearly the correct answer. An effective team member would not utter such a statement; an effective team member would say any of the others, however.

Hope this helps.
3 0
3 years ago
Select each of the terms with the best description of its purpose.
Marizza181 [45]

Answer:

a. Budgeted balance sheet.

b. Budgeted income statement.

c. Budgeting.

d. Capital expenditures budget.

e. Cash budget.

f. Master budget.

g. Participatory budget.

h. Production budget.

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis. The benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.

In Financial accounting, some of the key terms associated with budget includes;

a. Budgeted balance sheet: A report that shows predicted balances of assets, liabilities and equity at the end of a budget period.

b. Budgeted income statement: A report that shows predicted revenues and expenses for a budgeting period.

c. Budgeting: Planning future business actions and expressing them as formal plans.

d. Capital expenditures budget: Summarizes the effects of investing activities on cash.

e. Cash budget: Shows expected cash inflows and outflows and helps determine financing needs.

f. Master budget: A comprehensive business plan that includes operating, investing, and financing budgets.

g. Participatory budget: Employees affected by a budget help in preparing it.

h. Production budget: Shows the number of units for a manufacturer to produce in a period.

6 0
3 years ago
Which of the following is true about value-based cultures?a. They emphasize obedience to the rules as the primary responsibility
Lelu [443]

Answer:

(D) These cultures are perceived to be more flexible and far-sighted corporate environments.

Explanation:

A corporation that operates as a value-based organization, is a corporation that operates on a culture that was shaped by the members of the organization, from employees to shareholders, and thus tends to be more flexible in how they operate compared to traditional corporation structures. Employees are committed to these types of organizations because they find alignment between their personal values and the values of the organizations, which in turn lead to better overall performance.  

6 0
4 years ago
Soar incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of
Strike441 [17]
I think that the answer would be 30% of the fixed costs for $60,300 plus $3800=64,100  ie including the loss which would be saved if the mountain bike business was eliminated. The $3800 represents the operating loss for the mountain bike business.
5 0
4 years ago
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