Q5: Anees is planning to make an investment of Rs. 40,000 for a period of 4 years and the expected cash inflows from that investment are given below: Years Cash Flows 1 15,000 2 10,000 3 8,500 16,000 If his required rate of return from that investment is 10%, should he make that investment or not?

Q: What amount can she deduct for eligible medical and dentals expenses

A: Medical expenses are the costs incurred for the treatment or prevention of diseases. It also…

Q: Compare whole-life and term insurance.

A: Insurance is a legal agreement between an insurer (insurance company) and an insured person.

Q: True or False: A latent fingerprint is first treated withPhysical Developer followed by ninhydrin.…

A: The question is Ture or False.

Q: 4a Describe the resource-based relative value scale payment method used by Medicare to reimburse…

A: The Centers for Medicare & Medicaid Services (CMS) and the majority of other payers implement…

Q: ne purpose of casualty policy’s condition section is to list the property that is to be covered…

A: Casualty policies are taken to prevent the the company from liabilities arising out of damage or…

Q: There are four security interests listed below. Which will have first priority? Group of answer…

A: Explanation: The purchase money security interest concept relates to a legal claim that helps a…

Q: beneficiary of a life insurance policy is

A: Beneficiary of a life insurance policy is the person who receives money from the insurance company…

Q: What disclosures are required for remote likelihood of losses?

A: Likelihood of losses means chance of occuring loss in some future events of the business. Likelihood…

Q: Please state how does health insurance relate to financial math. 2 paragraphs minimum.

A: Process for the management risk are actually have the highly quantitative as well as mathematics.…

Q: in insurance terminologies this means that a life insurance policy has been paid and active?

A: In insurance terminology premium means that a life insurance policy has been paid and active.

Q: Briefly explain the following life insurance contractual provisions. Suicide clause Grace period…

A: The objective of this question is to understand the meaning and implications of three specific…

Q: The duties of an agent when filling out an application include all of the following EXCEPT:    A:…

A: Ans: (b)  Help the insured make up creative answers to stretch the truth about a past health issue…

Q: When planning life insurance coverage, you should differentiate between ongoing expenses and…

A: The question is based on the concept used in planning life insurance coverage, Life insurance policy…

Q: Differentiate between planned and unplanned retention and give examples of each

A: DIFFERENTIATION BETWEEN PLANNED AND UNPLANNED RETENTION S.NO PLANNED RETENTION…

Q: Common coverage of HMOs include Annual Check-ups, confinements, laboratory fees, doctor's fees and…

A: HMO stands for Health Maintenance Organization which covers a variety area of services provided to…

Q: The least expensive form of whole life insurance protection is:   A. limited payment. B. term. C.…

A: Whole life insurance or straight life insurance protects the life of the covered. Both life…

Q: Identify the process of Recovery Audit Contractors and discuss its impact on healthcare…

A: Recovery Audit Contractors The main obligation of Recovery Audit Contractors to identified the fault…

Q: a. Identify and explain the basic perils insured under a Standard Fire Policy. Name any three extra…

A: a. Standard fire insurance policy is the policy that is taken by the insured to cover the losses…

Q: Distinguish between ordinary repairs and extraordinaryrepairs. How is each accounted for?

A: Ordinary repairs:   These costs are incurred to maintain the long-term asset in good condition for…

Q: Compare life cover and funeral cover, stating the advantages and disadvantages of each

A: Life cover acts as a safeguarding financial tool, delivering a lump sum to beneficiaries upon the…

Q: Discuss the risk of material misstatement inthe acquisition and expenditure cycle.

A: Material Misstatement refers to the misleading information in the statement of affairs of the…

Q: Explain precautionary balance

A: Precautionary balance refers to the reserves kept by the firm or individual to meet any contingency.…

Q: Select 3 of the following EDI transactions that are processed in the format established by the…

A: HIPAA sets the standardised formats to simplify the electronic exchange of financial and…

Q: Briefly describe the replacement chain (common life) and the EAA approaches to theunequal life…

A: Replacement Chain Method: A company usually comes across various projects having different life such…

Q: Discuss two types of voluntary winding up

A: Introduction:- Winding up is the process of closing of business operations. It means creases of…

Q: ULIP has a component of    Opions are health insurance,  accident insurance life insurance…

A: The insurance is the contract under which it promises to pay or indemnify the losses caused to the…

Q: An individual accident and health insurance policy must include O A. An automatic reinstatement…

A: In some form, every state in the US has passed the Uniform Individual Accident and Sickness Policy…

Q: A handwritten will; may be subject to scrutiny after your passing. a) Statutory Will b) Cursive…

A: A holographic will is a report transcribed and marked by a departed benefactor, and it is an option…

Q: Define a "new patient" according to the CPT manual.

A: CPT manual is Current procedural terminology.

Q: List six procedures for screening projects and deciding which toaccept or reject.

A: Among a pool of projects, choosing the best one is a very important task for maximizing returns. The…

Q: Briefly describe the priority of claims in a Chapter 7liquidation

A: Introduction: Liquidation is a mechanism by which the corporation liquidates properties to repay the…

Q: Explain the relationship between substantive tests of transactionsfor the acquisition and payment…

A:

Q: Define Hazard Insurance?

A: Hazard insurance: Hazard insurance is designed to  coverages. Generally it covered against…

Q: Whenwhen are final medical expenses deductible?

A: Medical Expense -Any costs associated with preventing or treating an injury or illness are referred…

Q: What are the three steps to follow in preparing a check?

A: There are various steps that are required to be followed while preparing the cheques, the main three…

Q: Identify several benefits of the post-audit.

A: The Audit is the process of collecting data, processing, accessing them to find the mistakes that…

Q: C. POS codes tell the insurance company where the services were provided.

A: As per our instructions we provide the solutions to only accounting related questions only under the…

Q: What are Automobile Medical Payments?

A: Automobile medical payments are a part of insurance policy which is required to be paid in order to…

Q: List and briefly describe the three categories of likelihood that a future event(s) will confirm the…

A: Loss contingency: Loss contingency is contingency where existing situation or circumstances where…

Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.