The ability to purchase and immediately assign life insurance policies increases the problems caused by asymmetric information and adverse selection. True O False

Q: What are the other alternatives eliminated by the method of payback screening method?

A: Following are the other alternatives eliminated by the method of payback screening method: The…

Q: Hi involvement purchases generally require lots of search effort because they also usually entail…

A: A high involvement purchase exists when a decent or administration that is exorbitant or that faces…

Q: It pertains to a risk management technique when acquiring a life insurance. * risk avoidance risk…

A: One of the risk management technique is Risk Transfer where one party transfer the risk to another.…

Q: What kind of insurance  forms may not be included in the comprehensive forms?

A: Insurance: Insurance is the protection against an individual or an asset for the financial losses…

Q: Assertions with high inherent risk are least likely to involve  a. complex calculations b.…

A: Routine transactions doesn't have assertions with high inherent risk.

Q: Briefly explain the difference between an insurance and an assurancepolicy?

A: Insurance policy and Assurance policy are two different policies.  Insurance policy provides…

Q: The allowance for doubtful accounts is an example of a(n) Group of answer choices expense account…

A: The amount which are expected not to be collected are recorded in the Allowance for doubtful A/c.

Q: Payment must be probable in order for a compensated absence to be accrued. True False

A: The term "probable" is pivotal in the context of accruing liabilities, especially concerning…

Q: The Write Checks window can be used to pay expenses such as rent, utilities, and insurance. Group of…

A: An expense or an outlay is the amount that is incurred by an entity to generate income and to manage…

Q: Insurance coverage has been shown to diminish the importance of time in the decision about how much…

A: Insurance coverage seems to be the degree of risk or responsibility that would be addressed by…

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: What must occur if a Significant Deficiency is identified?

A: Definition:   Internal control: Internal control is a process which ensures continuous reliability…

Q: ow does the Heal

A: The (HIPAA) plays a crucial role in facilitating electronic transactions within the healthcare…

Q: Which of the following is not an insurance management tool? Group of answer choices deductibles.…

A: Insurance management: Insurance Management is the administration of all insurance requirements, both…

Q: scuss insurance costs and unreimbursed losses

A: Defining and discussing  the terms, Insurance Cost and unreimbursed losses, both the terms are used…

Q: Which of the following is the maximum misstatement that can exist in an account before it is…

A: MisstatementThe difference between the required amounts in the presentation or disclosure and the…

Q: Have we made the payment structure of health care to complicated?

A: Health care providers are paid based on the quality of care they provide rather than…

Q: Please add a source to the question. If you do want to elect COBRA coverage, what are some important…

A: COBRA (Consolidated Omnibus Budget Reconciliation Act) is a federal law that requires employers to…

Q: describe conditions that are conducive to issuing low-quality, or even fraudulent, fi…

A: Financial reports are issued at the end of the year that shows the status of the Company.

Q: percentage method

A: Income Tax refers to the amount paid to the government by the businesses and individuals on the…

Q: Finaancial risk is not directly associate with..    a) ROE b) EBIT c) EPS d) EAT

A: The Financial risk is a risk of loosing money on am investment or investment opportunities.…

Q: Can you cite a specific evidence to support this statement: If left unattended, inadequate…

A: Transparency in healthcare costs and performance is crucial for empowering consumers, improving…

Q: valence of the shenanigan: the extent to which it is common or rare (explain your answe

A: Shenanigan is common practice in the accounting or finance being adopted by the financial managers…

Q: How do the passive losses rules and the at risk rules work in conjunction to limit losses?

A: Passive losses: These are the losses that take place when expenses exceed the income in the passive…

Q: What should occur when a low level of Detection Risk is acceptable?

A: Detection risk is the risk that procedures performed to reduce audit risk will not detect a material…

Q: TRYE OR FALSE   1- Insurance should be considered as a last resort in risk management ,and should…

A: Two statements have been given on the topic of risk management. We need to find they are…

Q: Fee-for-service methods of reimbursement create strong incentives for providers to reduce the volume…

A: Fee-for-service reimbursement is a method of payment for healthcare services in which providers…

Q: Why does scope creep create risk in independence? Select all that apply   It can create an…

A: The objective of the question is to understand the risks that scope creep can create in terms of…

Q: d not be recorded using the Expense or Check onscreen form?

A: Office Supplies purchased

Q: Which of the following is not an example of an asset? 
   Group of answer choices Supplies. Accounts…

A: Supplies are the current assets which represent the cost of supplies on hand. Account receivable are…

Q: Which of the following statement is incorrect?   The expected cost of risk per participant will…

A: (b) The pooling structure minimizes the risk (standard deviation) for pool participants when losses…

Q: Which of he following stalements BEST describes the primary difference between a Health Maintenance…

A: A Health Maintenance Organization is a form of health insurance where the medical care is insured if…