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matrenka [14]
3 years ago
15

Boiler rooms with slick telemarketers offered full physicals for a little or no fee. this free diagnostic service turned out to

be very costly because:
Business
1 answer:
scoundrel [369]3 years ago
4 0
<span>Information was used to file claims against insurance companies and government insurance, patients were pushed to take out loans to cover services, patients' credit card information was obtained and card companies were billed, patients were required to furnish bank information and electronic checks were processed by financial institutions.</span>
You might be interested in
Bank employees use a system known as the "maker-checker" system. An employee will record an entry in the appropriate journal, an
FinnZ [79.3K]

Answer:

Segregation of duties

Explanation:

Segregation of duties is a system of internal control practice where tasks are broken down into different steps with different individual or department handling different steps.

The aim is to provide an oversight and review of action to minimize frauds and errors. With this method , it becomes difficult for an individual to perpetrate and conceal fraudulent activities.

The breaking down of recording and approving transaction between the employee and the supervisor conforms with the practice of segregation of duties.

6 0
4 years ago
A barn with an adjusted basis of $125,000 was destroyed by a tornado on March 5, 2018. On May 15, 2018, the insurance company pa
Tanya [424]

Answer:

$145,000

Explanation:

Data provided in the question:

Adjusted basis of the barn = $125,000

Amount paid by the insurance company = $150,000

Amount reinvested in another barn = $170,000

Now,

Basis of the new barn

= Adjusted Basis of old barn + Additional amount spend on new barn in excess of amount paid by insurance company

= $125,000 + [ $170,000 - $150,000 ]

= $125,000 + $20,000

= $145,000

4 0
4 years ago
Economists speaking like scientists make a. positive statements. b. prescriptive statements. c. claims about how the world shoul
eduard

Answer:

a. positive statements.

Explanation:

Positive statements is a statement from the field of positive economics that deals with measurement and explanation of economic phenomena, it deals with or studies 'what is' or how the various economics problems of what to produce, how to produce, when to produce and for whom to produce are actually solved. it uses relevant fact for its analysis.

3 0
4 years ago
Return on equity is referred to by the acronym ROI. is an activity ratio. shows how much after-tax profits are generated by each
Ne4ueva [31]

Answer:

measures the rate of return on the book value of shareholders' total investment in the company.

Explanation:

Return on equity is referred to by the acronym ROI measures the rate of return on the book value of shareholders' total investment in the company.

The formula for calculating Return on Investment is Net Profit as a percentage of Total Investment.

Total investment here refers to net worth, which is total assets minus total liabilities; which gives the same value as equity.

That explains why the measure is referred to as Return on equity.

4 0
3 years ago
Read 2 more answers
Which is the most expensive form of advertising blank is the costliest mode of advertising as it includes buying air time and sh
Sveta_85 [38]

Answer:

Television Advertising is the most expensive form of advertising.

Explanation:

Television Advertising still the most powerful advertising. Even though internet has a huge access to households. TV still the only Mass Media electronic that is possessed almost by all houses in the world.  

The Advertising in TV reaches a greater number of users than any other media. Because of this advertising in TV is extremely costly when compared to other mass media.  

Big events such as the super bowl have an expensive fee for the companies that want to air an add. The most expensive add ever is No. 5 the Film (2004) is a 180-second short film directed by Baz Luhrmann for the perfume company Channel, this advertising had a budget of $33 million dollars.    

4 0
4 years ago
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