If bonds are issued initially at a premium and the effective-interest method of amortization is used, interest expense in the earlier years will be________.

Answers

Answer 1

If bonds are issued initially at a premium and the effective-interest method of amortization is used, interest expense in the earlier years will be greater than if the straight-line method were used.

Amortization of Bond Premium alludes to the amortization of abundance premium paid well beyond the presumptive worth of the Bond. Security has an expressed coupon pace of revenue and pays revenue to the security financial backers in view of such a coupon pace of interest.

It is esteemed at the current worth of premium installments and assumed worth decided in light of the market financing cost. The financial backers pay more than the presumptive worth of the securities when the expressed loan fee likewise called the coupon rate surpasses the market financing cost.

The backer needs to amortize the Bond premium over the existence of the Bond, which, thus, decreases the sum charged to intrigue cost.

Interest expense in the early years will be higher than it would be if the straight-line method were employed if bonds are first issued at a premium and the effective-interest method of amortization is adopted.

To learn more about amortization refer to:

https://brainly.com/question/24232991

#SPJ4


Related Questions

the budgeted fixed manufacturing cost rate is the lowest for . question 5 options: theoretical capacity normal capacity utilization practical capacity master-budget capacity utilization

Answers

The budgeted fixed manufacturing cost rate is the lowest for theoretical capacity.

The quantity of throughput that could be achieved if a production facility was able to operate continuously at its highest efficiency level is known as theoretical capacity. Since theoretical capacity is so difficult to achieve in practice, it shouldn't be used for planning or bonus compensation. Many circumstances, including as planned and unplanned maintenance, personnel and raw material shortages, equipment replacements, power outages, flooding, and earthquakes, might prevent a facility from operating at its theoretical capacity.

Based on the machines, people, and space, practical capacity is most likely to occur. Theoretical capacity represents the complete utilization of all resources in an ideal world. It is clear that theoretical capacity is practically unattainable.

To know more about fixed manufacturing cost click here,

https://brainly.com/question/28240319

#SPJ4

Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral

Answers

Answer:

deferral

Explanation:

Adjusting entries are when changes are made to already recorded journal entries.

Categories of adjusting entries :

accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.

Prepaid expenses are payments made for services yet to be delivered.

For example, paying for a year's worth of subscription on your streaming service

Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral

Commercially reasonable means Multiple Choice observing industry standards and practices that are generally accepted throughout various industries as proper business practices. charging a fair price for goods and not taking advantage of others in the industry. getting the highest price possible for goods without violating the law. observing industry standards and practices that may be unique to the particular industry.

Answers

Answer:

observing industry standards and practices that may be unique to the particular industry.

Explanation:

Commercially reasonable activities are based on a standard of reasonableness. It gauges what a reasonable person or entity will do in a given situation.

For example a standard for operation is defined in an industry and used as a basis the determine if business practices of a company are reasonable or not.

It involves good faiths effort on the part of the actors to meet as much as possible a similar objective or activity under similar circumstances.

In this instance commercially reasonable is defined as observing industry standards and practices that may be unique to the particular industry.

Which type of account (real, personal, or nominal) includes the following expenses of a business?
Expenses like rent, transportation, and advertising are part of a business’ ______
account, because they are fictitious.

Answers

Answer: Nominal account

Explanation:

Expenses like rent, transportation, and advertising are part of a business (Nominal) account, because they are fictitious.

Personal accounts are the accounts that have to do with individuals, or businesses. A real account is an account that isn't closed when the accounting period ends. The bqlnaces in the real account are carried to the following period. An example of this is cash.

Nominal account is an account that has a zero beginning balance at the start of the year. This is because when an accounting year ends, the nominal account will be closed.

What do you think are the most important components of budgeting? Why?

Answers

Answer:

I would have to say figuring out ur cash flow where its going after u earn it and making sure u keep track of ur savings

Explanation:

In the long run, increasing the national debt will cause which of these?

A) higher tax revenue
B) an increase in jobs
C) higher interest rates
D) an increase in production

Answers

Answer:A - higher task revenue
If choose all that apply I think a,b,and c
It’s a higher tax revenue

Which demographic groups does Women in Motion serve?

Answers

Demographic groups do Women in Motion serve, Akela Peoples is an award-winning teacher and entrepreneur who has helped over 20,000 young women create career plans.

Demographic evaluation is the take a look at a populace primarily based totally on elements including age, race, and gender. Demographic information refers to statistically expressed socioeconomic records including employment, education, income, marriage rates, start rates and loss of life rates.

Examples of diagnosis. It is included. Demographic studies consist of 5 simple themes. Distribution over a geographical area. its composition (including age, gender, race, and different characteristics); modifications in populace size, distribution, and composition over time; Determinants and outcomes of populace growth.

Learn more about   Demographic  here

https://brainly.com/question/6623502

#SPJ1

9) How do we lose most of our mass when we exercise?
a) As heat
b) sweating
c) Exhaling CO2
d) Difestion

Answers

B sweating is how we lose most of our mass during exercise

Answer:

To lose weight, you need to break down those triglycerides to access their carbon.

The results showed that in order to completely breakdown 22 pounds (10 kg) of human fat, we need to inhale 64 pounds (29 kg) of oxygen (and somewhere along the way, burn 94,000 calories). This reaction produces 62 pounds (28 kg) of CO2 and 24 pounds (11 kg) of water.

Explanation:

pls help need answer fast





Use these graphics to answer the question.

An energy company wants to know the amount of energy consumed in US households. Site energy is energy used by the customer. Primary energy is raw fuel, or crude energy, such as natural gas or fuel oil.

What was the relationship between the primary energy consumptions of electricity and natural gas in 2010?

Other fuels were consumed more than natural gas.
Electricity was consumed at a higher rate than natural gas.
It took more crude energy to generate natural gas than electricity.
It took more crude energy to generate electricity than natural gas.

pls help need answer fast Use these graphics to answer the question.An energy company wants to know the

Answers

The majority of natural gas used in the United States is used for heating and electricity generation, but there are some other uses for natural gas.

What distinguishes total energy consumption from primary energy consumption?

The energy transformations, such as power generation and refineries, account for the primary and final energy consumption, respectively, while industry (excluding the energy sector), transportation, and buildings account for the total energy consumption.

What was the essential energy source beginning in the mid 1900's?

In the early 1900s, electricity was produced by utilizing hydro (water power), oil, coal, and natural gas. After that, nuclear energy was discovered and used to generate electricity. Oil was used a lot by Americans. Natural gas is used to generate electricity and useful thermal output in the electric power sector.

To learn more about energy transformations here:

https://brainly.com/question/8210521

#SPJ1

what level are inputs for estimating fair values are based on inputs that are readily available via prices for identical assets or liabilities in actively traded markets such as securities exchanges?

Answers

The level you are referring to is Level 1 inputs.  In the context of estimating fair values, the Financial Accounting Standards Board (FASB) developed a fair value hierarchy known as the three-level hierarchy.

This hierarchy categorizes inputs used in valuation techniques into three levels based on their reliability and availability.

Level 1 inputs are considered the most reliable and are based on quoted prices for identical assets or liabilities in active markets. These inputs are readily observable and can be directly obtained from reliable sources, such as securities exchanges. Level 1 inputs provide the highest degree of transparency and objectivity in fair value measurements.

Examples of Level 1 inputs include publicly traded stocks, bonds, and other financial instruments that have readily available market prices. The prices of these assets or liabilities can be easily obtained from exchanges or other reliable pricing sources.

It's important to note that Level 1 inputs are considered the most reliable because they are based on actual market transactions and reflect current market prices.

Learn more about objectivity here:

https://brainly.com/question/31838853

#SPJ11

The weighted average cost of capital is determined by Blank______. Multiple choice question. multiplying the weighted average after-tax cost of debt by the weighted average cost of equity adding the weighted average after-tax cost of debt to the weighted average cost of equity dividing the weighted average after-tax cost of debt by the weighted average cost of equity adding the weighted average before-tax cost of debt to the weighted average cost of equity

Answers

The weighted average cost of capital is determined by dividing the weighted average after-tax cost of debt by the weighted average cost of equity. Option C. This is further explained below.

What is WACC?

Generally, A company's WACC is determined by calculating the cost of each kind of capital (debt and equity) by the market value weight assigned to that source of capital, and then summing the results.

In conclusion,  It is calculated by dividing the weighted average after-tax loan costs by the weighted average equity costs, and the weighted average cost of capital is the result.

Read more about WACC

https://brainly.com/question/14223809

#SPJ1

Which of the following is an Internet job search “do”? a. Post your résumé without considering your privacy b. Pay attention to all directions before responding to job postings c. Assume that e-mail is informal, private, or temporary d. Take a passive role during your online job search Please select the best answer from the choices provided A B C D

Answers

Answer:

B

Explanation:

Answer:

its B

Explanation:

I did the test and got a 100%

Why does no one like me? i need answers.​

Why does no one like me? i need answers.

Answers

um I don’t know u very pretty tho

Answer:

nobody likes me either lol

Suppose we have used the following information to formulate standard control limits for our sample average: 109.3 In-control In-control R 22.8 Sample size n 6 How wide would our control limit interval be? That is, what will be the numerical difference between UCLi and LCL ? (Round to 4 decimal places)

Answers

The width of the control limit interval, rounded to 4 decimal places, is 22.0128.

To calculate the control limit interval width, we need to use the given information: the in-control average (109.3), the in-control range (R = 22.8), and the sample size (n = 6). The control limit interval width is the numerical difference between the upper control limit (UCL) and the lower control limit (LCL).

First, we need to find the Average Range (R-bar) which is the average of the ranges of all the samples. In this case, we only have one range value given (22.8). So, R-bar is equal to 22.8.

Next, we will use the A2 constant, which depends on the sample size (n). For a sample size of 6, the A2 constant is 0.483.

Now, we can calculate the control limits for the sample average (X-bar) using the formulas:

UCL = X-bar + (A2 * R-bar)
LCL = X-bar - (A2 * R-bar)

Substituting the values, we get:

UCL = 109.3 + (0.483 * 22.8) ≈ 120.3064
LCL = 109.3 - (0.483 * 22.8) ≈ 98.2936

Now, we can find the width of the control limit interval:

Width = UCL - LCL ≈ 120.3064 - 98.2936 ≈ 22.0128

For more about control limit interval:

https://brainly.com/question/29857950

#SPJ11

gastroenterology job outlook

Answers

All of the digestive system's organs, including the GI tract (esophagus, stomach, and intestines) and biliary organs, are cared for by gastroenterologists (your liver, bile ducts, pancreas and gallbladder.)

What test is most effective for gastroenterology?

Upper gastrointestinal series (UGI), ultrasounds, MRIs, CT scans, and X-rays are examples of common imaging examinations used to diagnose gastric disorders. A barium swallow or barium enema may be performed in addition to an X-ray to provide an even sharper image of the gastrointestinal tract.

What are the three digestive diseases?

some examplesof a digestive disease (IBS)

a. Irritable Bowel Syndrome

b. the illness Crohn's.

c. Gluten intolerance

What is a gastroenterologist's area of specialization?

ERCP, Endoscopy, Colonoscopy, Stomach Slimming Balloon, Liver Diseases, Hepatitis Treatment

To know more about Gastroenterology visit:

https://brainly.com/question/28187744

#SPJ1

What type of federal funding is free money, but is based
on financial need only?

A.Federal grants

B.All federal scholarships

C.The 529 Plan

D.None of these are correct

Answers

Answer:

Try A. Federal Pell Grant

Answer:

answer : b

Explanation:

cauise

An entry to record discount received of £75 has been debited to discount received and credited to the payables control account. What is the journal to correct this? DEBIT • £150 CREDIT • £150 (Select the correct answer in each blank space above)

Answers

The journal to correct the entry should debit the payables control account and credit the discount received account.

The correct journal entry is:

DEBIT • Discount Received account • £75

CREDIT • Payables Control account • £75

To correct the mistake, we need to reverse the original entry by debiting the discount received account (to reduce it) and credit the payables control account (to increase it). Since the original entry was for £75, the correction needs to be for the same amount, resulting in a debit of £75 to the Discount Received account and a credit of £75 to the Payables Control account.

The total of debits and credits in the corrected entry should be equal, so the correct answer is:

DEBIT • Discount Received account • £75

CREDIT • Payables Control account • £75

Therefore, the correct answer is:

DEBIT • Discount Received account • £75

CREDIT • Payables Control account • £75.

Learn more about credit here:

https://brainly.com/question/31104152

#SPJ11

you are a leader. you recognize there are unstated standard operating procedures or ways of doing things in your organization. these procedures or ways of doing things are called:

Answers

You are aware of any unwritten standard operating procedures or practices used by your company. These customs or ways of operating are referred to as cultural practices.

What do you consider to be culture?

A population's culture is defined as its way of life as a whole, encompassing its institutions, beliefs, and artistic expressions. It has been argued that a society's habits make up its culture. It therefore covers manners, attire, language, religion, conventions, and artistic standards.

What traits characterize a culture?

The following five pillars of culture: It is dynamic, integrated, built on symbols, and communicated orally. Every culture shares these characteristics. One can learn a culture. It is neither biological nor something we inherit.

To know more about the culture visit:-

https://brainly.com/question/12718739

#SPJ4

a company orders and uses 2,000 barrels of filtered water each year. each order has a fixed shipping cost of $200 and an additional cost of $4 per barrel. to store a barrel for a full year costs $5. what is the optimal number of orders the company should make each year? do not include units with your answer.

Answers

Five orders each year are the ideal number for the organization to place. The response to the query is this.

What are the issues with EOQ and holding cost estimation?

Disadvantage: according to assumptions. The EOQ model presupposes constant demand for a business product and quick accessibility of the goods that need to be restocked. Seasonal or economic variations are not taken into account. It makes the assumption that ordering fees, holding fees, and fixed costs for inventory units.

What estimations are required to determine the economic order quantity?

Demand rate, setup costs, and holding costs are the necessary variables to determine the economic order quantity. The equation is as follows: EOQ = sqrt(2(setup costs)(demand rate)] holding expenses.

To learn more about economic order quantity visit:

brainly.com/question/16986815

#SPJ1

according to the ae model, what will happen when a gdp increase

Answers

When aggregate expenditures exceed real GDP, firms increase output and real GDP rises.

Real GDP is a measure of total firm output. Total planned spending on that output is equal to aggregate expenditures. In the model, equilibrium occurs when aggregate expenditures in one period equal real GDP in that period.

Each level of real GDP generates a specific amount of aggregate expenditures. When aggregate expenditures fall below the level of real GDP, firms reduce output and real GDP falls. When aggregate expenditures exceed real GDP, firms increase output and real GDP rises.

If aggregate expenditures equal real GDP, firms' output will remain unchanged; we have reached equilibrium in the aggregate expenditures model. There is no unplanned investment when everything is in balance. This occurs at a real GDP of $7,000 billion in this case.

To learn more about GDP link is here

brainly.com/question/30111703

#SPJ4

Suppose that good X is a substitute for good Y. Then an increase in the price of good Y leads to Multiple Choice a decrease in the demand of good X. an increase in the demand of good X. an increase in the supply of good X. a decrease in the supply of good X.

Answers

If X and Y are substitute goods, an increase in the price of good Y leads to: B. an increase in the demand of good X.

What are Substitute Goods?

Substitute goods are goods can be any two or more products that can be used by consumers to fulfil the same purpose or need.

Generally, when the price of one of the substitutes increases, consumers will go its close substitutes as an alternative.

Therefore, if X and Y are substitute goods, an increase in the price of good Y leads to: B. an increase in the demand of good X.

Learn more about substitute goods on:

https://brainly.com/question/2055005

Give a least two reseons why u think your product and country would be a good idea

Answers

Answer:

my Product and Country Would be a good idea because instead of charging taxes I would make sure everyone is not at the same level but to a point to where no one is homeless or in need of help my product would be something that could make food for free and anytime food is not hard to come by but the wealthy buys so much food that they don't need and discard that those who do need the food cannot retrieve the food because it is already gone being wealthy is nice but if I was wealthy I would try to at least let those around me either become wealthy or make sure they never need something to the point they could die for it.

Explanation:

Suppose that at first price of bag of coffee is $10 and the price of a box of tea is $6. Then, the price of a bag of coffee changes to $20 and the price of a box of tea changes to $14. What has happened the money prices and relative prices of these two goods?

Answers

The money prices and relative prices of the two goods have changed as follows: Money prices, Relative prices.

The price of a bag of coffee has increased from $10 to $20, indicating a rise in its money price.

The price of a box of tea has increased from $6 to $14, also indicating a rise in its money price.

Relative prices: The relative price of coffee in terms of tea can be calculated by dividing the price of coffee by the price of tea at each point:

Initially, the relative price of coffee was $10 / $6 = 1.67.

After the price changes, the relative price of coffee becomes $20 / $14 = 1.43.

The relative price of coffee has decreased, indicating that coffee has become relatively cheaper compared to tea.

In summary, the money prices of both goods have increased, but the relative price of coffee has decreased. This implies that the price increase of coffee has been relatively smaller compared to the price increase of tea.

Learn more about prices here:

https://brainly.com/question/15072414

#SPJ11

Mary is deciding whether to book the cheaper flight home from college after her final​ exams, but​ she's unsure when her last exam will be. She thinks there is only a ​%10 chance that the exam will be scheduled after the last day she can get a seat on the cheaper flight. If it is and she has to cancel the​ flight, she will lose ​$150. If she can take the cheaper​ flight, she will save ​$50. ​a) If she books the cheaper​ flight, what can she expect to​ gain, on​ average? ​b) What is the standard​ deviation?

Answers

Answer:

(a) Expected gain = 30

(b) Standard deviation = 66.03

Explanation:

From the question, we are given the following:

Probability of loss = 10%

Loss amount = $150

Probability of Saving = 100% - Probability of loss = 100% - 10% = 90%

Saving amount = $50

Therefore, we proceed as follows:

a) If she books the cheaper​ flight, what can she expect to​ gain, on​ average?

This can be calculated as follows:

Expected gain = (Probability of loss * (-Loss amount)) + (Probability of Saving * Saving amount) = (10% * (-150)) + (90% * 50) = -15 + 45 = 30

b) What is the standard​ deviation?

Standard deviation can be described as a measure of the amount of variation a set of values. This can be calculated from the variance as follows:

Variance = (Probability of loss * (-Loss amount - Expected gain)^2) + (Probability of Saving * (Saving amount - Expected gain)^2) = (10% * (-150 - 50)^2) + (90% * (50 - 30)^2) = (10% * (-200)^2) + (90% * (20)^2) = (10% * 40,000) + (90% * 400) = 4,000 + 360 = 4,360

Standard deviation = Variance^0.5 = 4,360^0.5 = 66.03

-. Things are scarce because:
a. Government rationing prevents us from having all we desire.
b. Our desire for things is greater than the amount that is freely available.
c. Individuals are greedy and will consume everything they obtain .
d. There is an allocation and distribution problem.

Answers

Answer:

I believe it to be answer choice B

Explanation:

because this choice is the definition of scarcity

Hope i'm right and that it helps

Management is responsible for making the accounting estimates in the financial statements. estimates are based on subjective as well as objective factors and, as a result, judgment is required to estimate an amount at the financial statement date. in regards to accounting estimates made by management of a nonissuer, the auditor is responsible for:_____.
a. determining the accuracy of the estimate.
b. evaluating the reasonableness of the estimate.
c. neither i nor ii.
d. both i and ii.

Answers

In regards to accounting estimates made by management of a nonissuer, the auditor is responsible for evaluating the reasonableness of the estimate.

The responsibility for making accounting estimates lies with the management of a nonissuer. Accounting estimates are based on both subjective and objective factors, requiring judgment to estimate an amount at the financial statement date. However, the auditor's role is to independently assess the reasonableness of these estimates made by management.

The auditor evaluates the reasonableness of the accounting estimates by considering the methods and assumptions used by management, as well as reviewing relevant supporting documentation and evidence. The auditor examines the accuracy and appropriateness of the estimates and ensures they comply with the relevant accounting standards and principles.

While the auditor's responsibility includes evaluating the reasonableness of the estimates, it does not extend to determining the accuracy of the estimate. The auditor's role is to provide an independent opinion on the fairness of the financial statements as a whole, including the reasonableness of the accounting estimates made by management.

Learn more about financial statement here:

https://brainly.com/question/31159037

#SPJ11

Taylor organizes and manages the operations department. At the end of the day, he gathers data from his team and generates a daily report for his supervisor. Which option has helped him gather and generate all the reports quickly?

A.
adoption of an information system
B.
adoption of a transaction management system
C.
adoption of a report generation tool
D.
adoption of a data processing tool

Answers

With an adoption of a data processing tool,Taylor gathered and generate all the reports quickly.

Data Processing tool is any software tool that helps to arrange

scattered,raw and  unprocessed documents( text file data, excel file

data, images, audio clips, video clips etc) into a structured, readable and

useable data that can be stored and retrieved easily.

Different types of data processing tools for different reports or

management exist and some of them  include:

Excel for very small data.Tableau

Qlik Sense 

ThoughtSpot

FineReport. MicroStrategy etc

Taylor can therefore gather and generate his reports using a good data processing tool like Excel or Fine report software.

See similar answer here: https://brainly.com/question/14738159

Which of the following is a characteristic of a checking account?

1 Minimum money amount required to invest
2 Easy access to funds through a debit card
3 Fee charged if money is removed early
4 High rate of return on deposits

Answers

The characteristic of a checking account from the given options is: Easy access to funds through a debit card.

What features do checking savings accounts have?

With a checking account, you can pay your bills, move funds to savings, get cash from ATMs, and use your debit card to make purchases. A crucial aspect of your personal money management is your bank account.

Which of the following describes a checking account's characteristics?

Checking accounts offer simple methods for making deposits and withdrawals. In order to ensure that client and bank data always match, checking accounts are processed instantly. Checking accounts have fewer checks available but have greater interest rates. Checking accounts offer simple methods for making deposits and withdrawals.

To know more about debit card visit:-

https://brainly.com/question/1169716

#SPJ1

Gabriela Marco, a former regional manager for the Chipotle restaurant chain. On January 2, 2008 (but it might be 2009 due to an error on the medical records from, understandably, forgetting to use the new year, right after December 31), Gabriela underwent surgery in Eyeowah with Dr. Wright to donate a kidney to her cousin Scott Connolly. The surgery was successful and there were no reported complications. The same day, in a separate surgery, Dr. Maccabee transplanted Gabriela's donated kidney into Scott. In the subsequent days, Scott experienced some complications with the donated kidney. Additional surgical procedures were required. On January 10, Dr. Maccabee performed an exploratory surgery on Scott and apparently mistakenly stitched the renal artery which supplied blood to the donated kidney. On January 12, Dr. Daly performed yet another surgery on Scott. Dr. Daly observed Dr. Maccabee's sutures transgressing the renal artery and determined that the donated kidney could not be saved. Dr. Daly ordered the kidney to be removed. The true cause of the issues with the kidney are never disclosed to Scott or Gabriela.
EMMC is a non-profit hospital and Scott qualifies for their Charity Care Policy, but the hospital has indicated that they will not allow him to avail himself of the Charity Care Policy because transplants are not included under the policy.
At the time, Gabriela was obviously disappointed that her organ donation was unable to help Scott. But it was only a few months ago, when she returned to EMMC for some tests, that she learned this was due to surgical error. She is now not just disappointed but really disgusted that she subjected herself to serious risks from surgery for Scott, and it was all for nothing. Gabriela has some physician friends.
You are a hospital administrator at EMMC and you have this case reviewed by the following experts. Dr. Lucy is a cardiologist at Johns Hopkins in Baltimore. She opined that it was negligent to stitch the renal artery during the exploratory surgery. Dr. Apple is a surgeon at the Mayo Clinic in Rochester, MN. Dr. Apple also opined that it was negligent to stitch the renal artery during the exploratory surgery. Dr. Apple further opined that both Dr. Maccabee and Dr. Daly were negligent for failing to monitor and supervise Scott properly and detect the decreased blood flow to his transplanted kidney after the exploratory surgery. Dr. Apple said that if the decreased flow had been detected, there would have been a "good chance" the kidney could have been saved.
As I mentioned, in September 2013, Gabriela went to EMMC for some tests. She had been experiencing fatigue and urination problems. Dr. Sean diagnosed Gabriela with kidney disease. While medicine cannot reverse chronic kidney disease, it is often used to help treat symptoms and complications and to slow further kidney damage. Since Gabriela only has only one remaining kidney, Dr. Sean prescribed Soobent, a drug that has proven effectiveness for her condition. But apparently because of the $4000 per month cost, Gabriela's health insurer, Medicare, denied coverage. Medicare, explained that Soobent is still a new drug and has only significant proven effectiveness with patients who have kidney disease more serious and more advanced than Gabriela. Therefore, using it with someone like Gabriela is "experimental" and falls within the insurance contract's coverage exclusion for "experimental therapies." Dr. Sean appealed the denial by adding some additional false information into her medical record that makes Gabriela's appear sicker than she is. Her insurance company approves the drug, along with some other additional treatments based on the falsified documents in her medical record.
The CEO at EEMC hears about everything that has happened with both Gabriela and Scott. The CEO asks you as the hospital administrator to evaluate the risks for the organization based on the facts that you currently have. The CEO also asks you to come up with a corrective action plan so something like this doesn't happen again in the future. The CEO would like the risks and associated corrective action plan laid out in a memo so that he can present it to the Board. He would also like your opinion on whether EEMC should self-disclose the fraud by Dr. Sean to Medicare.

Answers

The hospital administrator should evaluate the risks associated with Gabriela and Scott's cases and develop a corrective action plan to prevent similar incidents in the future.

Memo

To: CEO, EEMC

From: Hospital Administrator

Date: [Date]

Subject: Risk Evaluation and Corrective Action Plan

I have evaluated the risks associated with the cases of Gabriela Marco and Scott Connolly and prepared a corrective action plan to prevent similar incidents in the future. Additionally, I will provide my opinion on self-disclosing the fraud by Dr. Sean to Medicare.

1. Risk Evaluation:

a) Surgical Negligence: The negligence in stitching the renal artery during the exploratory surgery resulted in the loss of the transplanted kidney.

b) Failure to Monitor and Supervise: The failure to detect decreased blood flow to the transplanted kidney after the exploratory surgery indicates a lapse in monitoring and supervision.

c) Insurance Fraud: Dr. Sean's falsification of Gabriela's medical records to secure coverage for Soobent and other treatments poses legal and ethical risks to EEMC if discovered.

2. Corrective Action Plan:

a) Surgical Protocols: Review and enhance surgical protocols to ensure thorough monitoring and supervision during and after procedures, with specific attention to vascular surgeries.

b) Quality Assurance: Strengthen quality assurance processes to identify and address surgical errors promptly. This includes regular performance evaluations, peer reviews, and implementing a culture of reporting and learning from adverse events.

c) Compliance and Ethics: Strengthen compliance and ethics programs to prevent and detect insurance fraud. This includes regular training, monitoring of medical record documentation, and robust internal reporting mechanisms.

d) Patient Education and Advocacy: Enhance patient education programs to ensure they understand their rights, treatment options, and how to address any concerns or grievances.

3. Self-disclosure to Medicare:

It is strongly recommended that EEMC self-disclose the fraud committed by Dr. Sean to Medicare. Falsifying medical records violates ethical standards and legal requirements.

This comprehensive approach will mitigate risks, enhance patient safety and satisfaction, and safeguard the hospital's reputation. By implementing these measures, EEMC can ensure the delivery of high-quality care while maintaining compliance with regulatory and ethical standards.

Please let me know if you require any additional information or clarification.

Thank you.

Sincerely,

[Your Name]

Hospital Administrator

To know more about Surgical visit-

https://brainly.com/question/32112303

#SPJ11

the adjustment for underapplied overhead

Answers

Answer: The adjustment for underapplied overhead increases cost of goods sold and decreases net operating income.

Other Questions
SOMEONE PLZ HELP I NEED THIS REALLY BAD!! And for the last page there is one more box and the C.E. is 597 C.E. jan has episodes of hypomania that alternate with episodes of major depression. she is most likely experiencing What are you most looking forward to this Holiday? Which term refers to an institution created by a society to enforce public policies? what is the structure for the poem fire and ice by robert frost why the colours of many Airplane are white? A portfolio manager has a $250m position in an equity portfolio which tracks the CARSON500 index. The manager is concerned about the possibility of a short term fall in the index and consequent decrease in the value of his portfolio. As a result investors may question his or her competence and invest their money elsewhere. To address this issue the fund manager decides to hedge using futures written on the CARSON500 index. The current value of the index is 5,000 points with a continuously compounded dividend yield of 3.5% per annum. The portfolio has a beta of 1.3 with respect to the index. The relevant futures contract has 6 months to maturity and has a contract multiple of $10 per full index point. The risk-free rate of interest is 2.5% per annum. (a) Calculate the futures position required to hedge the portfolio using a beta hedge. (30 marks) (b) After 3 months the spot price of the index falls to 4,500 points and the futures position is closed out. What will be the new quoted futures price, the gain or loss on the futures and spot positions and the return on the hedged portfolio? (40 marks) (c) Discuss whether this is likely to be a perfect hedge. (30 marks) the unit of measurement of the magnetic field surrounding the periphery of the mr scanner is expressed as: according to code complete, what is the main goal of maintaining loose coupling? group of answer choices hiding information enhancing security increasing flexibility providing abstraction "Please include all relevant working out as detailed as possibleand all relevant diagram to find the answer. Much appreciated! Iwill upvote! Thank you so much"Find total response of the system (transient+steady state). Do not solve for coefficients. Determine the frequency of applied force at which resonance will occur? M = 20 kg F, = 90 N Given: -6 rad/s M What change did the Mongols bring to China?The Mongols established the Han Dynasty.The Mongols established the Yuan Dynasty.The Mongols expanded the Tang Dynasty.The Mongols expanded the Song Dynasty. Find evidence in these lines of repetition in the events Bradford describes. What kind of events does Bradfords writing focus on? the reflecting surfaces of two mirrors form a vertex with an angle of 125 . Select the sentence that uses active voice.O The lights around the rink were turned on by the crew.O Hot cocoa and cider were sipped by the cold skaters.O The children excitedly put on their ice skates.O The ice skating rink was resurfaced by the Zamboni. Write an equation of the line that passes through the points (-3,-4) and (0,2) a survey is made of tony's property and it is found that a portion of the neighbor's garage is on his property. tony is planning to sell his property. this encroachment of the garage onto his lot: Which neurotransmitter(s) is/are the body's natural pain killer?a) norepinephrineb) substance Pc) acetylcholined) endorphins circle the subject and underline the predicate b- Carlos almorzara en el trabajo?____________________AYUDA ES PARA HOY EN QUE TIEMPO ESTA CONJUGADO Express the following in exponential notation: 16384