Planning is a management function that includes anticipating trends and determining the best tactics and strategies for achieving organizational goals and objectives.
Planning is a very important management function that is carried out by the management. Planning includes analyzing the trends that are going on in the market. Then the management needs to develop tactics and strategies. These strategies and tactics that are so developed will help the organization to meet its goals and objectives.
Planning can be divided into three types and all these are carried out by the management. The first type of planning done by top-level management is long-term planning. The second level of panning is middle-level management is short-term planning. The day-to-day planning is done by the functional managers.
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Explain what the 'blue-collar bias' is towards apprenticeships in the U.S. and how it differs from
other countries.
The blue-collar bias towards apprenticeships in the U.S. it differs from other countries as its makes the apprenticeship seem as lower.
What is a 'blue-collar bias?The blue-collar bias is a kind of job discrimination towards the blue-collar worker; these blue-collar worker are those individuals that engage in hard manual labor such as in agriculture, manufacturing, construction, mining or maintenance sectors. In history, these people wore blue collared shirts when they worked, hence, that was where the workers names originated from.
In conclusion, the bias that are projected towards the apprentice of blue-collar jobs is known to differ from other countries because the seniors makes such apprenticeship look lower than it actually is.
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The owners of a local coffee shop routinely try to develop new menu items and seek better ways of helping their customers. ________ is the result of their efforts.
The owners of a local coffee shop routinely try to develop new menu items and seek better ways of helping their customers. Innovation is the result of their efforts.
The process of conceptualising brand-new products, processes, and ideas, as well as of approaching already-existing products, processes, and ideas in novel ways, is referred to as innovation. This process can be carried out by an individual or an organisation.
A useful and novel product, service, business model, or strategy is considered innovative. Innovations don't always involve significant advances in technology or novel business strategies; they can be as straightforward as improvements to customer service at a company or the addition of features to an existing product.
Innovation is defined as an invention or something new. Innovation occurs when a business creates a novel new product, like a brand-new tablet PC.
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Business portfolio analysis and diversification analysis help an organization to answer what important strategic question?
Where do we want to go for growth? is the important strategic question.
What are the advantages of portfolio analysis in strategic management?Portfolio analysis offers the following advantages: It encourages management to evaluate each of the organization's businesses individually and to set objectives and allocate resources for each.
It stimulates the use of externally oriented data to supplement management's intuitive judgment.
Portfolio analysis is a methodical way to examine the goods and services that make up a business portfolio for an association.
All associations are engaged in multiple businesses, with the exception of the simplest and smallest.
Publishing, gatherings and gatherings, instruction and training, government representation, research, standards-setting, public relations, etc. are a few of these.
Each of these is a strategic business unit for the association (SBUs).
Each company has a portfolio of goods and services.
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Gordon has built a lucrative small business by purchasing inexpensive kitchen gadgets from a variety of companies in china and the far east and selling them at his booth in a popular flea market. This is an example of ________.
Gordon has built a lucrative small business by purchasing inexpensive kitchen gadgets from a companies in china and the far- east and selling them at his booth in a popular flea market. This is an example of importing
An import is an item or service that is purchased outside of its nation of origin. International trade is made up of imports and exports. A country has a negative trade balance, or a trade deficit, if the value of its imports surpasses the exports it produces.
The majority of the time, nations will import items or services that the exporting nation's own industry cannot provide as effectively or inexpensively. Additionally, nations may import goods or raw materials that are unavailable within their boundaries.
A significant percentage of the drop in jobs in manufacturing in the importing country appears to be attributable to unrestricted agreements and a dependence on imports from nations with less expensive labour. Free trade makes it easier to import goods and materials from regions with more affordable manufacturing, which lessens the need for indigenous goods.
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A property sold for $129,000. it was not improved or added onto, and it re-sold 12 months later for $141,900. what is the annual change in market conditions indicated by this sale?
A 10% increase is the annual change in market condition.
$141,900 - $129,000 = increase of $12,900. $12,900 / $129,000 = 10% over 12 months (1 year).
In economics, a market is a composition of systems, institutions, procedures, social family members, or infrastructures wherein parties interact in change. At the same time as parties may additionally alternate goods and services by using barter, maximum markets rely upon dealers imparting their items or services to buyers in change for money.
The definition of a market is a place where you move to shop for things or a call for a selected object. An example of a marketplace is a grocery keep or a farmer's market where stands are set up and fruits and veggies are sold.
In economics, a market does now not imply a selected location however the whole place in which sellers and buyers of a product ate spread. Contemporary modes of communication and shipping have made the marketplace area for a product very huge.
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In+one+town,+66%+of+adults+have+health+insurance.+what+is+the+probability+that+4+adults+selected+at+random+from+the+town+all+have+health+insurance?+round+to+the+nearest+thousandth+if+necessary.
As a result, the probability that four people will be insured in insurance is equal to 0.66 to the power of four, leaving a value of 0.1897, or nearly 0.19.
In an insurance agreement, the insurer is responsible for covering a party's losses due to specific calamities or perils. It helps the insured person or their family avoid financial loss. There are many different types of insurance policies. Life, health, homeowners, and auto insurance are the most common varieties.
A risk management tool is insurance. When you buy insurance, you get protection against unanticipated financial losses. In the event that something bad occurs to you, the insurance provider pays you or a different person of your choosing. If an accident happens and you don't have insurance,
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Statements that can be relied on with a fair amount of certainty and can be observed objectively are known as.
Statements which will be relied on with a fair amount of certainty and can be observed objectively are known as.----Facts.
What does one mean by a statement?
A statement is a sentence that says something is true, like "Pizza is delicious." There are other forms of statements in the worlds of the law, banking, and government. All statements claim something or make some extent . If you witness an accident, you create a statement to police, describing what you saw.
What can we mean by facts?
A fact is an indisputable observation of a natural or social phenomenon. we will see it directly and show it to others. A hypothesis is a thought that we can test with further observations. We began to gather evidence to see if our hypothesis is supported.
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Holding all other personal characteristics-such as age, gender, and income-constant, economists would expect that.
Holding all other personal characteristics such as age, gender, and income-constant, economists would expect that people with health insurance are more likely to be overweight than people without health insurance.
Health insurance is a sort of insurance protection that covers the insured's medical and surgical costs. Health insurance can either pay the healthcare provider directly or compensate the insured for costs related to illness or damage.
A regular health insurance policy typically covers any ambulance costs incurred in the event of a medical emergency. This has a big advantage because expensive hospitals frequently charge a lot for transportation.
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Bob is interested in examining the relationship between the number of bedrooms in a home and its selling price. After downloading a valid data set from the internet, he calculates the correlation. The correlation value he calculates is only 0. 5. What does bob conclude?.
Bob is interested in examining the relationship between the number of bedrooms in a home and its selling price. After downloading a valid data set from the internet, he calculates the correlation. The correlation value he calculates is only 0. 5. Bob concluded regression outputs of 0.67.
A correlation may be a relationship between two variables. The number of correlation, or relationships, are often explained in an exceedingly numerical form called a parametric statistic - defined as a numerical representation of the strength and direction of the connection.
Correlation between variables will be positive or negative. Direct correlation implies a rise of 1 quantity causes a rise within the other whereas in correlational statistics, a rise in one variable will cause a decrease within the other. A correlation may be a relationship between two variables during which both variables move within the same direction.
Therefore, when one variable increases because the other variable increases, or one variable decreases while the opposite decreases. An example of correlational statistics would be height and weight. Correlation could be a statistical measure (expressed as a number) that describes the scale and direction of a relationship between two or more variables.
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Debit or credit memo describing entries in the company's bank account may be enclosed with the bank statement. an example of a credit memo is:__________
Debit or credit memo describing entries in the company's bank account may be enclosed with the bank statement. an example of a credit memo is: a promissory note left for collection.
What is credit memo?
A credit memo could be a commercial record issued by a provider to the client informing the reduction of the amount that a customer owes to the seller. In case it could be a cash sale, it infers the amount of advantage that the provider owes to the customer. A credit memo is called Credit Memorandum and more popularly known as ‘Credit Note’.
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If+your+short-term+interest+rate+(the+rate+on+your+current+debt+is+12.1%,+then+your+bond+rate+(the+rate+on+your+long-term+debt)+is:_________
If your short-term interest rate (the rate on your current debt) is 12.1%, then your bond rate (the rate on your long-term debt) is 13.5%.
Bondholders will finance up to 80% of the value of your plant and equipment (the capacity and automation of the Production Department).
Each bond issue provides investors a coupon, or annual interest payment. If the face amount or principle of bond 12.6S2011 is $1,000,000, the holder will get a payment of $126,000 every year for the next ten years.
At the end of the tenth year, the holder would also get the $1,000,000 principle.
Every year, your company is assigned a credit rating ranging from AAA (best) to D. (worst).
Ratings in Capstone are calculated by comparing current debt interest rates to the prime rate.
The interest rate on new bonds will be 1.4% higher than the current debt interest rate. If your current loan interest rate is 12.1%, the bond rate is 13.5%.
Hence, the answer is 13.5%.
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Working on developing ________ is a strategy that will encourage engagement and allows you to readily focus on the task at hand.
attempting to cultivate mindfulness The capacity to be present is a strategy that promotes involvement and makes it simple for you to concentrate on the activity at hand.
A strategy is a broad plan to accomplish one or more long-term or overall goals in the face of uncertainty (from the Greek stratgia, "art of troop commander; office of general, command, generalship"). The phrase was first used in the 6th century C.E. in terms of the "art of the general," which covered a number of subsets of talents such as military tactics, siegecraft, logistics, etc. It was only in the 18th century that the term was translated into Western vernacular languages. The term "strategy" was then used to refer to "a comprehensive manner to try to attain political aims, including the threat or actual use of force, in a dialectic of wills" in a military war, in which both opponents engage.
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What+is+the+expected+real+rate+of+interest+for+an+account+that+offers+a+12%+nominal+rate+of+return+when+the+rate+of+inflation+is+6%+annually?
mega sus mega sus mega sus mega sus mega sus mega sus mega sus mega sus mega sus mega sus mega sus mega sus mega sus mega sus mega sus
On december 27, 2022 , abc, inc receives a $5,000 deposit by a customer for some remodeling that is scheduled to be started on december 29, 2022 and completed on january 3, 2023. The company president tells the accountant to go ahead and book the $5,000 as revenue since the completion of the project will only take a few days. What is the ethical dilemma involved?.
The ethical dilemma involved here, is whether revenue should be recorded before its realization or not according to revenue realization principle.
Since, ABC, Inc received revenue on December 27, itself, it should record it on that only because according to revenue recognition principle, revenue should be recorded when it is realized or earned not when cash is realised. Means if company has made sale in this case, it has earned the revenue on sales, so it should record it in books of account no matter, cash is realised now or will be received later.
The company is in dilemma because as per revenue recognition principle it should record the revenue when it is earned means when the work will be completed i.e., on January 3, 2023 and not on date of receipt of cash means on December 27, 2022.
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Using cost-benefit analysis, a local government would decide to build a new bridge if the additional tax paid by an individual resident is greater than the additional benefit of building the bridge for all residents. The additional tax paid by an individual resident is greater than the additional benefit of building the bridge for all residents. The toll paid by an individual resident crossing the bridge is less than the resident’s benefit from crossing the bridge. The toll paid by an individual resident crossing the bridge is less than the resident’s benefit from crossing the bridge. The total costs of building the bridge are less than the total benefits from building the bridge. The total costs of building the bridge are less than the total benefits from building the bridge. The total costs of building the bridge are greater than the total benefits from building the bridge. The total costs of building the bridge are greater than the total benefits from building the bridge. Total costs are at a minimum and total benefits are at a maximum
Using cost-benefit analysis, a local government would decide to build a new bridge if total costs are at minimum and total benefits are at maximum.
Businesses utilise a cost-benefit analysis as part of a systematic procedure to determine which options to take and which to ignore. The cost-benefit analyst adds up the potential benefits anticipated from a circumstance or course of action before deducting the overall expenses related to that course of action.
Intangible benefits, costs, or consequences of a choice, such staff morale and customer happiness, can also be considered in a cost-benefit analysis.
Assessment, depreciation of future cash flow, and numerous options may all be included in a more complex cost-benefit analysis. All things being equal, it will typically be advantageous for the business to take on a project if the analysis shows more benefits than expenses.
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In order to gather comparison ratings of items in a survey, it is important to ______.
In order to gather comparison ratings of items in a survey, it is important to Use the same scale for each item
What is survey?
A survey is a set of questions used in human subject research with the goal of gathering specific information from a certain population. Surveys can be carried out via the phone, by mail, online, at street corners, and even in shopping centers. It gives you information that represents people's attitudes and behaviour. You can examine the representativeness of the client experience with the aid of surveys.
It helps to locate the problems and resolve them. You can use the survey results as a starting point for data-driven business choices. Surveys can be used to determine how representative each person's opinions and experiences are. When conducted properly, surveys offer precise data about people's beliefs and actions that can be utilized to inform significant decisions.
By dividing by the sample standard deviation and subtracting the sample mean, it is normal practise to standardize the two variables, A, and B, to put them on the same scale.
Hence, In order to gather comparison ratings of items in a survey, it is important to Use the same scale for each item
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A ________ can be defined as a recurring period of decline that usually lasts 6 months to a year and includes many widespread contractions from many areas of the economy.
A Recession can be defined as a recurring period of decline that usually lasts 6 months to a year and includes many widespread contractions from many areas of the economy.
A recession is a significant slowing or contraction of the economy. A recession typically results from a sizable decrease in spending. Such a downturn in economic activity may continue for a number of quarters, entirely impeding an economy's progress. Economic index like the GDP, company profits, employment levels, etc. decline in such circumstances. The result is chaos throughout the entire economy. In order to combat the threat, economies typically react by easing their monetary policies and boosting the amount of money available to the market, or the money supply.
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Why might a wealthy society not have as much staying power as another wealthy society with highly skilled labor force
Accumulation of the capital stock is one of three primary variables that stimulate society economic growth. An economy's human capital can help it grow.
Improvements in participation rates, social wellbeing, and productivity result from increases in human capital in areas like research, education, and management, all of which support economic growth. The information, skills, and health that people invest in and amass throughout the course of their life give them the opportunity to realize their potential as contributing members of society.
Human capital development raises labor productivity, encourages technological advancements, boosts returns on investment, and makes growth society more sustainable—all of which contribute to reducing poverty.
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Suppose a pure discount bond promises to repay $10,000 in one year. the market interest rate is 6.6 percent, how much will the bill sell for in the market?
Consider a pure discount bond with a $10,000 interest rate over a year. 9434 is the price the bill will sell for on the market at the 6.6 percent market interest rate.
Future value, FV = 10000N
Interest rate = 6
Number of years, N = 1
Price or present value of t bill = 9434
Present value, PV = FV / (1 + R)N
PV = 10000 / (1 + 0.06)1
PV = 9433.96 or 9434
A percentage of the principal, or the amount loaned, is what a lender charges a borrower as interest rate. The annual percentage rate, or APR, is the usual unit used to express the interest rate on a loan (APR).
The amount earned from a savings account or certificate of deposit at a bank or credit union may also be subject to interest rates. Interest on these bank accounts is calculated as an annual percentage yield (APY).
The borrower is essentially charged interest for the usage of the asset. Cash, consumer goods, vehicles, and real estate are all examples of lent assets. As a result, an interest rate can be viewed as the "cost of money" because it increases the cost of borrowing the same amount of money.
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Assume that one company aims to achieve operational innovation as the strategic goal. identify one strategic initiative which is not consistent with the strategic goal, and explain your answers.
a) One relevant Enterprise architecture component for the products and service layer.
The EA stands for Enterprise architecture. it is a well-defined practice to conduct enterprise analysis, planning, implementation, and design for the successful development and execution of strategy.
Enterprise architecture helps to reduce redundancy, information silos and complexity, and the business risk associated with IT investment.
The components of enterprise architecture are as follows :
Business information system, Database domain, Database object classes, Database object information system, Management level, Mission, Organization performing mission, Organizations accomplish function, Positions, Position performing mission, Resource life cycle analysis tools, and Resources. but the most relevant components for the product and service layer.
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The table below shows the typical hours worked by employees at a company. A salaried employee makes $50,000 per year. Hourly employees get paid $20 per hour, but get $30 per hour for each hour over 40 hours.
Sun.
Mon.
Tues.
Wed.
Thurs.
Fri.
Sat.
0
8
8
9
9.5
7.5
4
Which of the payment options would you recommend to a new employee?
a.
Either one. Hourly and salaried employees earn the same amount per week.
b.
Hourly pay. Hourly employees make more per week than salaried employees.
c.
Salaried pay. Salaried employees make more per week than hourly employees.
d.
There is not enough information given to compare weekly earnings.
The recommended salary method would be C. Salaried pay. Salaried employees make more per week than hourly employees.
What is a Salary?A salary is a compensation that is paid to employee for their services taken, the employee earns this income which is known as the salary and paid at the end of the month.
A salaried employee makes $1,042 per week ($50,000 / 12 months / 4 weeks per month)
Hourly employee is paid $980 per week (40*$20) + (6 * $30) (8+/8+9+9.5+7.5+4) - 40 hours = 6 hours
So the salaried employee makes more salary per week than hourly.
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Answer:
It is C
Explanation:
If the equilibrium price in a market is $20, and the government imposes a price ceiling of $25, what will be the resulting market condition?
If the equilibrium price in a market is $20, and the government imposes a price ceiling of $25 and the resulting market condition is less demand of the good.
How can a market condition determined with the help of equilibrium price and price ceiling?When the price ceiling is less than the equilibrium price, then the quantity demanded will eventually exceed the quantity supplied and the higher demand will lead to shortages.
In this case the equilibrium price is less than the price ceiling which is the reversal of the above where in the demand will be less and therefore the products will be available for all the consumers.
When the price is too low than the quantity demanded increases than the supplied quantity. this leads to shortage and consumers who can afford the goods are happy as not all can get the product due to a a higher price.
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On March 31, the following data were accumulated to assist the accountant in preparing the adjusting entries for Potomac Realty:
• The supplies account balance on March 31 is $5,620, the supplies on hand on March 31 are $1,290.
The appropriate journal entries to record the transaction is: Debit Supplies expense $4,330, Credit Supplies $4,330.
Journal entriesa. Debit Supplies expense $4,330
($5,620- $1,290)
Credit Supplies $4,330
b. Debit Unearned rent $1,250
($5,000/4 months)
Credit Rent earned $1,250
c. Debit Wages expense $2,290
Credit Wages payable $2,290
d. Debit Accounts receivable $16,825
Credit Fees earned $16,825
e. Debit Depreciation expense-Office equipment $4,600
Credit Accumulated depreciation-Office equipment $4,600
Therefore the appropriate journal entries to record the transaction is: Debit Supplies expense $4,330, Credit Supplies $4,330.
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The complete question is:
On March 31, the following data were accumulated to assist the accountant in preparing the adjusting entries for Potomac Realty:
a. The supplies account balance on March 31 is $5,620, the supplies on hand on March 31 are $1,290.
b. The unearned rent account balance on March 31 is $5,000 representing the receipt of an advance payment on March 1 of four months’ rent from tenants.
c. Wages accrued but not paid at March 31 are $2,290
d. Fees accrued but unbilled at March 31 are $16,825.
e. Depreciation of office equipment is $4,600.
Required:
Journalize the adjusting entries required on March 31.
Castillo services paid k. castillo, the sole shareholder of castillo services, $5,000 in dividends during the current year. the entry to close the dividends account at the end of the year is?
Castillo services paid k. castillo, the sole shareholder of castillo services, $5,000 in dividends during the current year. the entry to close the dividends account at the end of the year is $5,000.
Analysis:
Debit Retained Earnings $5,000; Credit Dividends Accounts $5,000. A $5,000 debit was made from the dividend account and a credit of the same amount in cash when dividends were paid to K. Castillo. Additionally, dividends are temporary accounts, all of which need to be zero before the next quarter. Dividends have therefore been credited to bring the balance to zero and will lower the remaining retained earnings at the end of the year. Retained earning account has been debited as a result.
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The ftc has extensively regulated advertisements for violent films, video games, and music that target children.
a. true
b. false
It is false that the FTC has extensively regulated advertisements for violent films, video games, and music that target children.
What is advertisement?The definition of advertising is an industry used to call the attention of the public to something, typically a product or service.The definition of advertisement is the means of communication in which a product, brand or service is promoted to a viewership in order to attract interest, engagement, and sales. Advertisements (often shortened to ads or adverts) come in many forms, from copy to interactive video, and have evolved to become a crucial feature of the app marketplace.Why are advertisements important?Advertisements are a guaranteed method of reaching an audience. By creating an engaging ad, and spending enough to reach your target users, advertisements can have an immediate impact on business. This effect could be seen in improved trade or boosted brand recognition, among many different metrics. An advertising strategy typically includes a KPI to measure this impact.To learn more about advertisements, refer: https://brainly.com/question/3163475?referrer=searchResults
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In the evolution of database management systems, what does optimization refer to?
In the evolution of database management systems, what does optimization refer to
a High Availability
b. Security
c. Performance
d. Scalability.
One of the three fundamental security management functions that exist in all systems is availability. The claim that a computer system is always accessible to a legitimate user is known as availability. Systems are highly available to guarantee that they function as expected when required. The capacity to build in fault tolerance is provided by availability in the products. By including hot and cold sites in the disaster recovery planning, it also ensures the backup processing.
Both the primary key and the candidate key may definitively identify the tuples in relation in a self-test with the right answers. real false definition of named column.
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Which elements of a swot analysis are identified by looking at the internal resources of a company?
The SWOT (strengths, weaknesses, opportunities, and threats) analysis component examines both internal and external elements that may have an impact on your company. Your internal traits are your assets and liabilities. Threats and opportunities are factors outside of oneself.
Using SWOT analysis, a person or organization can identify their strengths, weaknesses, opportunities, and threats in relation to project planning or competitive business environments. Situational analysis or situational assessment are other names for it. The main objective of a SWOT analysis is to raise awareness of the variables that influence business decisions or the formulation of business strategies. You can find the parts of your business that are doing well by conducting a SWOT analysis. These are your crucial success factors, and they give your company an edge over the competition. You can ensure that you maintain these strengths so that you don't lose your competitive advantage by identifying them.
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Those who wrongfully disclose individually identifiable health information can be fined up to what amount per calendar year?
a. $50,000
b. $250,000
c. $500,000
d. $1,500,000
Those who wrongfully disclose individually identifiable health information can be fined up to $1,500,000 per calendar year.
What are the penalties of HIPAA violations?
HIPAA or The Health Insurance Portability and accountability Act of 1996 extends a lot of requirements to safeguard PHI or Protected Health Information amnd to strictly control when PHI is divulged.
The penalities extended for HIPAA violations are issued by the Department of Health and Human services, state attorney general and the office of civil rights.
The entities covered are asked to adopt a corrective action plans for the procedures and policies upto the given standards which is demanded by HIPAA
The minimum fine for willful violations of HIPAA Rules is $50,000
Those who wrongfully disclose individually identifiable health information can be fined up to $1,500,000 per calendar year.
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Bad debt expense is recognized in the same accounting period as the revenue that is related to the receivable because:________
Bad debt expense is recognized in the same accounting period as the revenue that is related to the receivable because a customer is unable to fulfill their obligation to pay an outstanding debt due to bankruptcy or other financial problems.
What Are Bad Debt Costs?
When a receivable is no longer recoverable as a result of a customer's inability to pay an outstanding debt owing to bankruptcy or other financial issues, a bad debt expense is recorded. Companies that offer credit to their clients record bad debts as an allowance for doubtful accounts, sometimes referred to as a provision for credit losses, on their balance sheet.
Bad debt costs are typically listed on the income statement as a sales and general administrative expenditure. Accounts receivable on the balance sheet are reduced when bad debts are recognized, but firms still have the right to collect money if the situation changes.
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When apple inc. , the flows are a ______ from firms to households and a ______ from households to firms.
When apple incorporated , the flows are a money flow from firms to households and a real flow from households to firms.
What is money flow?Money flow is calculated by averaging the high, low and closing prices, and multiplying by the daily volume. Comparing that result with the number for the previous day tells traders whether money flow was positive or negative for the current day. Positive money flow indicates that prices are likely to move higher, while negative money flow suggests prices are about to fall.To learn more about money flow, refer: https://brainly.com/question/14560938?referrer=searchResults
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