To calculate the weighted average cost, divide the total cost of goods bought by the numeral of units available for sale. To find the cost of goods available for sale, you'll need the total amount of beginning products and recent purchases.
What is the weighted average cost method?
In accounting, the Weighted Average Cost (WAC) method of inventory valuation uses a weighted standard to determine the amount that goes into COGS and inventory. The weighted middle cost method divides the cost of goods available for sale by the number of units available for sale
How do you calculate the weighted moderate cost of capital?
WACC is calculated by multiplying the cost of each money source (debt and equity) by its appropriate weight by market value, and then adding the outcomes together to select the total.
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During the past year, Stacy McGill planted a new vineyard on 150 acres of land that she leases for $30,000 a year. She has asked you as her accountant to assist her in determining the value of her vineyard operation. The vineyard will bear no grapes for the first 5 years (1–5). In the next 5 years (6–10), Stacy estimates that the vines will bear grapes that can be sold for $60,000 each year. For the next 20 years (11–30) she expects the harvest will provide annual revenues of $110,000. But during the last 10 years (31–40) of the vineyard’s life, she estimates that revenues will decline to $80,000 per year. During the first 5 years the annual cost of pruning, fertilizing, and caring for the vineyard is estimated at $9,000; during the years of production, 6–40, these costs will rise to $12,000 per year. The relevant market rate of interest for the entire period is 12%. Assume that all receipts and payments are made at the end of each year.
Based on the various costs that Stacy McGill will incur, and the present value of her revenue, the minimum price that Stacy should accept from Ric Button is $376,595.
What amount should Stacy accept?This should be the net present value of her vineyard over 40 years.
Present value of revenue from 1 - 5 years is $0 because no grapes will be grown in the vineyard.
Present value of revenue from 6 - 10 years;
= 60,000 x 3.14772
= $188,863.20
Present value of revenue from 11 - 30 years
= 110,000 x 6.40475
= $704,522.50
Present value of revenue from 31 to 40 years:
= 80,000 x 1,28146
= $102,516.80
Then find the present value of the expenses:
Present value of expenses from 1 - 5 years:
= 9,000 x 4.21236
= $37,911.28
Present value of expenses from 6 - 40 years:
= 12,000 x 10.83393
= $130,007.16
Present value of lease:
= 30,000 x 15.04629
= $451,388.70
The minimum amount Stacy should sell for is therefore:
= 188,863.20 + 704,522.50 + 102,516.80 - 37,911.28 - 130,007.16 - 451,388.70
= $376,595.
Question is:
Eric Button has offered to buy Stacy’s vineyard business by assuming the 40-year lease. On the basis of the current value of the business, what is the minimum price Stacy should accept?
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Question 6 of 20
What is one type of federal financial aid the Free Application for Federal
Student Aid (FAFSA) will identify for you?
OA. Pell grants
B. College Scholarship Service aid
O C. Academic merit scholarships
OD. Private loans
SUBM
The type of federal financial aid, the free application for federal student aid will identify for you is Pell grants.
What are Pell grants?The Pell Grant is a subsidy limited to students with financial needs. The Pell grants are usually awarded to undergraduate students who have not earned their first bachelor's degree, or who are enrolled in post-graduation programs. Based on your answers on the free application for federal student aid, you will get the Pell grants.
The Pell grant application process exists identical to any federal financial aid process—you require to complete the Free Application for Federal Student Aid (FAFSA). The U.S. Department of Education specifies your Pell Grant eligibility based on your answers on the FAFSA.
A Pell Grant exists money the government furnishes for students who need it to pay for college. Grants, unlike loans, do not maintain to be repaid. Eligible students acquire a specified amount each year under this program.
Therefore, option A is the right answer.
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Frederick taylor’s work in management was instrumental in using engineering principles to
Fredrick Taylor's work in management was instrumental in using engineering principles to the work performed on the factory floor. This way he established a discipline called Industrial Engineering.
Taylor was a mechanical engineer who wanted to improve efficiency in the industry. He is considered as the father of Scientific Management. Taylor supported giving management more power over the workforce. He set out to make a stronger separation between manual labor and mental(planning) labor (executing work). Management was required to create and provide to the workforce detailed plans that outlined the task and how it was to be completed.
Nevertheless, his system's implementation was frequently despised by the workforce, which led to repeated strikes.
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1.1 Basic terminologies in agricultural accounting 1.2 Recognition and measurement of agricultural produces 1.3 Reporting and disclosure requirements 2. Overview of Share-based Payments 2.1 Share-based Payments Settled with Equity 2.2 Share-based Payments Settled with Cash 2.3 Share-based Payments with Cash Alternatives 2.4 Counterparty Has Choice of Settlement 2.5 Issuer Has Choice of Settlement 2.6 Share-based Payment Disclosures 3. Insurance Contracts 3.1 Insurance Contract Aggregation 3.2 Initial Recognition of Insurance Contracts 3.3 Initial Measurement of Insurance Contracts 3.4 Estimated Future Cash Flows 3.5 Discount Rates Used 3.6 Risk Adjustment for Non-Financial Risk 3.7 Contractual Service Margin 3.8 Subsequent Measurement of Insurance Contracts 3.9 Modification of Insurance Contracts 3.10 Derecognition of Insurance Contracts 3.11 Presentation of Insurance Contract Information 3.12 Disclosures
not understand question sry
The only way to decrease your lifestyle budget is by completely eliminating an item.
Answer:
everything just stop spending
Explanation:
if you dont buy things then as a result of abstaining from spending money you will result in having more money
If a housekeeping vendor cleans the room(s) in Jan. 2022, but we did not receive the invoice until Feb. 2022, what would be the double sided entries in Jan. 2022 and Feb. 2022?
In January, the entries would recognized as follows:
Account Payable will be credited; while Cash is debited.In February,
Credit the Vendor, Debit Account Payable.What is account payable?Account payable is a term that is used to depict the moneys that are owed that that need to be paid to vendors and service providers for services rendered or goods purchased on credit.
What is the double entry principle?The double entry principle is one of the principles of accounting. The fundamental tenet of double entry is that every debit must be balanced by an equal and opposite credit entry.
Any transaction must involve a minimum of two accounts:
The debit and credit accounts of the transaction serve as the foundation for the double entry.
For example, if a business takes out a $10,000 loan, the cash (asset) account is debited to $10,000 and the outstanding debt (liability) account is credited $10,000.
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Please answer the following questions: 1) Do goods that have secondary packaging influence your purchasing decisions? Why/why not?
explain other roles of quality circle as part of continuous improvement to process and systems
The quality circle are essential to the part of continuous improvement to process and systems because they examine products, processes or procedures with the objective of making recommendations for improvement to management.
What is a quality circle?This refers to the small group of employees that volunteers to meet regularly to undertake work related projects such as on work quality, productivity, safety, efficiency, cost, working conditions etc.
On other word, they are team of volunteer production employees and their supervisors who meet regularly to solve quality problems.
In a continuous improvement to process and systems, these quality circle are essential because when they meets, they examine products, processes or procedures with the objective of making recommendations for improvement to management.
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The net present value (NPV) method estimates how much a potential project will contribute to
-Select-
, and it is the best selection criterion. The
-Select-
the NPV, the more value the project adds; and added value means a
-Select-
stock price. In equation form, the NPV is defined as:
CFt is the expected cash flow at Time t, r is the project's risk-adjusted cost of capital, and N is its life, and cash outflows are treated as negative cash flows. The NPV calculation assumes that cash inflows can be reinvested at the project's risk-adjusted
-Select-
. When the firm is considering independent projects, if the project's NPV exceeds zero the firm should
-Select-
the project. When the firm is considering mutually exclusive projects, the firm should accept the project with the
-Select-
NPV.
Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both projects' after-tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 8%.
0 1 2 3 4
Project A -900 620 395 200 250
Project B -900 220 330 350 700
What is Project A's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
$
What is Project B's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
$
If the projects were independent, which project(s) would be accepted?
-Select-
If the projects were mutually exclusive, which project(s) would be accepted?
-Select-
This answer requires that we fill in the blanks
The net present value (NPV) method estimates how much a potential project will contribute to shareholder wealthThe larger the NPV, the more value the project adds; and added value means a higher stock price.The NPV calculation assumes that cash inflows can be reinvested at the project's risk-adjusted WACCWhen the firm is considering independent projects, if the project's NPV exceeds zero the firm should accept the project. When the firm is considering mutually exclusive projects, the firm should accept the project with the higher positive NPV.What is the NPV?
In order to get the NPV we have to make the following calculations for the projects A and B.
This is calculated as
Project A
-900 + 620/1.08 + 395/1.08² + 200/1.08³ + 250/1.08⁴
= $355. 237
For the project B
We would have to perform similar calculation
Hence we would have
-900 + 620/1.08 + 395/1.08² + 200/1.08³ + 250/1.08⁴
= 378.98
From the calculations that we have done above, we can see that the value for project B is greater hence we have to choose project B.
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When using a recovery device manufacturered after November 15 1993 the recovery level for type I appliances is
The recovery level for type I appliances is
80 percent of the system charge if the compressor is nonoperational90 percent if the compressor is operation.What is a recovery level?This refers to the maximum tolerable length of time that appliance can be down after a failure.
Most time, for type I appliances, the recovery level for type I appliances is 80 percent of the system charge if the compressor is nonoperational and 90 percent if the compressor is operation.
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12. The stock that is selling for GH¢12 today is expected to pay GH¢ 1 next year, GH¢2 the year after and GH¢ 3 the following year. How much are you expecting to sell it for after the third dividend if you buy it today? Your discount rate is 32%.
The expected share price after the third dividend is GH¢ 20.22
What is stock price?
The stock price can be determined as the present value of future dividends, years 1-3 and the present value of all dividends beyond year 3 which is known as the terminal value(i.e. the unknown selling price after the third dividend as required in this case)
The terminal value is the present value of future dividends after 3 years which needs to be discounted 3 years backward in the process of computing share price
Share price=12
Year 1 dividend=1
Year 2 dividend=2
Year 3 dividend=3
Terminal value=unknown (assume it is X)
discount rate=32%
Each future dividend can be discounted using the present value formula of a single cash flow shown below:
PV=FV/(1+r)^N
FV=each future cash flow/dividends
r=discount rate=32%
N=the year of dividends, 1 for year 1, 2 for year 2
12=1/(1+32%)^1+2/(1+32%)^2+3/(1+32%)^3+X/(1+32%)^3
12=3.20978378829618+X/(1+32%)^3
12-3.20978378829618=X/(1+32%)^3
(12-3.20978378829618)*(1+32%)^3=X
X=(12-3.20978378829618)*(1+32%)^3
X=GH¢ 20.22
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2. Mrs Marta is a financial executive with XYZ Enterprises. Although Mrs Msrts has not had any formal training in finance or accounting, she has a “good sense” for numbers and has helped the company grow from a very small company ($500,000 sales) to a large operation ($45 million in sales). With the business growing steadily, however, the company needs to make a number of difficult financial decisions in which Marta feels a little “over his head.” She therefore has decided to hire a new employee with “numbers” expertise to help her. As a basis for determining whom to employ, she has decided to ask each prospective employee to prepare answers to questions relating to the following situations she has encountered recently. Here are the questions. a. In 2009, XYZ Enterprises negotiated and closed a long-term lease contract for newly constructed truck terminals and freight storage facilities. The buildings were constructed on land owned by the company. On January 1, 2010, XYZ took possession of the leased property. 20-year lease is effective for the period January 1, 2010, through December 31, 2029. Advance rental payments of $800,000 are payable to the lessor (owner of facilities) on January 1 of each of the first 10 years of the lease term. Advance payments of $400,000 are due on January 1 for each of the last 10 years of the lease term. XYZ has an option to purchase all the leased facilities for $1 on December 31, 2029. At the time the lease was negotiated, the fair market value of the truck terminals and freight storage facilities was approximately $7,200,000. If the company had borrowed the money to purchase the facilities, it would have had to pay 10% interest. Should the company have purchased rather than leased the facilities? b. Last year the company exchanged a piece of land for a non-interest-bearing note. The note is to be paid at the rate of $15,000 per year for 9 years, beginning one year from the date of disposal of the land. An appropriate rate of interest for the note was 11%. At the time the land wa
The Present Value of Lease is $6,449,579, the Fair value of the note is $83,055.75 and the cost of credit is 12.12%.
Present Value of LeaseYear Cash flows PV Factors Discounted cash flow
0-9 800,000 6.75902 5,407,216
10-19 400,000 2.60590 1,042,360
20
Total 6,449,579
Present Value of Lease = $6,449,579
Purchase price = $7,200,000
Based on the above cash flow the company should lease the facility because the present value of cash payment is low.
b. Fair value of the note
Using this formula
Fair value of the note=Amount×PVOA
Let plug in the formula
Fair value of the note=$15,000×5.53705
Fair value of the note=$83,055.75
c. Cost of credit
Using this formula
Cost of credit=Discount/(1-Discount)×360/Allowed payment day-Discounted day
Let plug in the formula
Cost of credit=1/(1-100)×360/30
Cost of credit =1/99×360/30
Cost of credit=0.1212×100
Cost of credit =12.12%
Based on the above the calculation because the cost of funds which is 10% is lower than the cost of credit which means that the company should not continue the policy.
The complete parts of the question is:
(b) Last year the company exchanged a piece of land for a non-interest-bearing note. The note is to be paid at the rate of $15,000 per year for 9 years, beginning one year from the date of disposal of the land. An appropriate rate of interest for the note was 11%. At the time the land was originally purchased, it cost $90,000. What is the fair value of the note?
(c) The company has always followed the policy to take any cash discounts on goods purchased. Recently, the company purchased a large amount of raw materials at a price of $800,000 with terms 1/10, n/30 on which it took the discount. McDowell has recently estimated its cost of funds at 10%. Should McDowell continue this policy of always taking the cash discount?
Therefore the Present Value of Lease is $6,449,579, the Fair value of the note is $83,055.75 and the cost of credit is 12.12%.
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All choices can have unintended consequences. When those outcomes affect someone who had no part in the initial choice, what is it called?
O Free market
O Free resource
O Eminent domain
O Externality
When unintended consequences affect someone who was not part of the initial choice, it is known as an externality.
What is an externality?Externality is when the economic activities of economic agents have an effect on people who are not part of the consumption or production activity. Externality can either be positive or negative.
Positive externality occurs when the benefits to third parties not involved in production is greater than the cost. An example of an activity that generates positive externality is planting trees.
Negative externality occurs when the cost of economic activities to third parties not involved in production or consumption of a good is greater than the benefits. An example of an activity that generates negative externality is smoking.
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Answer:
Externality
Explanation:
Got a 100% on the test.
1) Do goods that have secondary packaging influence your purchasing decisions? Why/why not?
Yes the goods that have secondary packaging are able to influence the purchasing decision of a person.
How does packaging influence consumer buying?The packaging of a product is one of the ways of creating good impression of a product to the would be consumer. The aesthetics of packaging would leave a positive impression on the person affecting their willingness to go for the product..
what is Secondary packaging?This refers to the cover of a product. most times this is what we see when we are about buying a product. it is usually colorful and appealing.
When a particular good is well packaged in a good way, some consumers would want to equate its quality packaging to the fact that the good would be one of value. Packaging are intended to be appealing and this will appease the minds of consumers. The consumer end up making the decision of getting goods or products with better secondary packaging.
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Question 10 of 20
Which situation best describes a monopoly?
A monopoly expresses a market situation where one company owns all the market share and can control prices and output.
What are some instances of a monopoly?A monopoly is a company who is the sole seller of its product, and where there are no comparable substitutes. An unregulated monopoly has market control and can influence prices. Examples: Microsoft and Windows, DeBeers and diamonds, your local crude gas company.
What forces monopoly?Monopolies can occur when one business owns a key resource. These are typically physical resources, such as diamonds. For example, if there is only one diamond abundance in the country, the business that owns it will be able to gain a monopoly.
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Why is the stock price of a company an indication of the performance of that company's senior managers?
Answer:
In general, people want to invest in a well-managed corporation, which will drive up the price of shares.
The stock price of a company is often considered an indication of the performance of that company's senior managers for several reasons:
Market Perception: The stock price reflects the collective perception of investors and the market about the company's current and future prospects.
If investors have confidence in the company's management and believe that they are making sound strategic decisions, it can lead to an increase in the stock price.
Financial Performance: The stock price is influenced by the company's financial performance. Senior managers are responsible for making key decisions that impact the company's revenue, profitability, and growth.
A well-performing company is more likely to have a higher stock price, indicating effective management practices
However, it is important to note that the stock price is just one metric to evaluate the performance of senior managers.
Other financial and non-financial metrics, such as revenue growth, profit margins, employee satisfaction, customer retention, and innovation, also play a crucial role in assessing management performance comprehensively.
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what do multinational corporations need to balance when making decisions about social responisbilities?
Answer:
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Which of the following is included in the M-2 definition of the money supply but NOT in the M-1 definition?
The option included in the M2 definition of money supply and not in the M1 definition is money market mutual fund shares.
What is M2?M2 definition of money supply that includes cash, checking deposits, and near money. M2 is a broader measure of the money supply when compared with M1. It also less liquid than M1. M1 includes includes cash and checking deposits.
Here are the options:
a. Checkable deposits.
b. Currency held in banks.
c. Currency in circulation.
d. Money market mutual fund shares.
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The human ecosystem, composed of trillions of organisms in the human body, is understood as what? a system of discrete, biological entities a useful way to collect microbes used for the treatment of other diseases a potentially lethal collection of bacteria a complex microbiome
The human ecosystem, composed of trillions of organisms in the human body, is understood as biological entities.
What is biological entities?The human ecosystem consist of everything that makes up the human environment which is called human entities.
This entities help adequate functioning of this system by working together.
This include microorganisms such as Bacterial and fungi, plants and animal which are important in successful existence of human.
Therefore, The human ecosystem, composed of trillions of organisms in the human body, is understood as biological entities.
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Does Audit services needed in Auchi polytechnic student union government? If yes,why
Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.
.
What is the student union?The student union is known to be a body that is composed of student of any university, polytechnic or college institution.
It is known to be a body that is autonomous and one whose internal life set up its own by-laws.
Note that the student unions are often allocated funds by the university or polytechnic and as such they have to use the audit service because some of their leaders may squander the money given to them., So this will help to checkmate them.
Hence, Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.
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All choices can have unintended consequences. When those outcomes affect someone who had no part in the initial choice, what is it called?
O Free market
O Free resource
O Eminent domain
O Externality
Answer: Externality
Explanation: I got that right
Prophet Co. signed a long-term purchase contract to buy timber from the U.S. Forest Service at $300 per thousand board feet. Under these terms, Prophet must cut and pay $6,000,000 for this timber during the next year. Currently, the market value is $250 per thousand board feet. At this rate, the market price is $5,000,000. Jerry Herman, the controller, wants to recognize the loss in value on the year-end financial statements, but the financial vice president, Billie Hands, argues that the loss is temporary and should be ignored. Herman notes that market value has remained near $250 for many months, and he sees no sign of significant change. INSTRUCTIONS What are the ethical issues, if any? Is any particular stakeholder harmed by the financial vice president's decision? What should the controller do?
The ethical issue is that the financial vice president fraudulently agreed to pay $6,000,000 rather than the market price of $5,0000,000.
What are the ethical issues?From the information given, the financial vice president fraudulently agreed to pay $6 million instead of the market price of $5 million for the timber.
This is unethical due to the fact that the financial manager may collude with the seller to rip off the company the extra $1 million.
b. Is any particular stakeholder harmed by the financial vice president's decision
The vice president’s financial decision affects the shareholders of the company.
This is because the vice president is reducing the profitability of the company and low profitability means low retained earnings.
The shareholders will be affected in terms of the reduced dividends earned due to the reduced retained earnings.
c) What the controller should do
The controller should then use professional due diligence and integrity on order to ensure transparency in the dealings.
He should therefore ensure that the company does not pay the $6 million that the financial president agreed to pay.
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Yvonne and Rolanda are good friends. One day, they are on the way to the market together when they are hit by a car whose driver runs a stop sign. Yvonne is barely injured, but Rolanda sustains life-threatening injuries. In the hospital, just before they wheel Rolanda away to surgery, Rolanda tells Yvonne that she wants Yvonne to have her diamond necklace. Rolanda directs Yvonne to get the diamond necklace out of Rolanda’s purse, where they had put it after the accident, so Yvonne does. The surgery is successful, and Rolanda makes a full recovery. If Rolanda asks for her necklace back:
Answer:
Yvonne would have to return the necklace to Rolanda
Explanation:
Yvonne would have to return the necklace to Rolanda after she survived the surgery because it was a gift causa mortis, a gift given in contemplation of impending death. Because Rolanda did not die, Rolanda is entitled to have the necklace returned to her.
Write up to 500 word describe why business comunication play a important role in business major.
Business comunication main purpose is to improve organizational practices, eliminate silos, keep employees informed and reduce errors.
What is Business comunication?Business communication is the exchange of information between personnel both inside and outside of an organisation. The manner in which employees communicate and conduct themselves within a firm is critical to the company's success in the commercial world.
Business communication is critical for conveying clear, compelling signals about strategy, customer service, and branding. A company that is developing a brand sends out a consistent message that is suited to its target audience. Internal communication fosters rapport between employees and management while also encouraging teamwork and collaboration.
Clarity is a rule that every business must follow. Clarity is the first and most important rule of all business communication. The ideals of brevity and objectivity underpin business communication. The goal of business communication should always be consistency.
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Which one of the followiWhich one of the following is not the element of quality of work life?
Select one:
a. Authority to do things your way
b. Safe and healthy condition
c. Legalised labour relations
d. Sufficient and fair compensationng is not the element of quality of work life
One of the following statement that is not the element of quality of work life is: a. Authority to do things your way.
Quality of Work-Life?Quality of Work-Life is the activities a person involved themselves in an work environment that has positive impact on them and as well help to shape the organization them work with which inturn enhanced their overall well being leading to quality work life.
Quality of work life is paramount for all employee or workers when it comes to workers working environment, Career Prospects, working conditions, remuneration, rewards and benefits etc.
Therefore One of the following statement that is not the element of quality of work life is: a. Authority to do things your way.
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Violations of the Federal False Claims Act may lead to
exclusion from participating in Federal health care programs.
True or False.
Violations of the Federal False Claims Act may lead to exclusion from participating in Federal health care programs is true.
The False Claims Act permits private parties to file qui tam actions alleging that defendants cheated the federal government.
What are the possible consequences for violating the False Claims Act?
Violations under the federal False Claims Act can result in significant fines and fines. Financial penalties to the person or community includes recovery of three times the amount of the false claim(s), plus an additional fine of $5,500.00 to $11,000.00 per claim.
What are specific False Claims Act cases?Healthcare scam, government contractor fraud, and environmental scam are common types of False Claim Act cases. The False Claims Act permits individuals to report companies, federally funded schedules, or individuals who perpetrate fraud opposed the U.S. Government.
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Using Apple as the company, how can this organization benefit from the four business intelligence capabilities? Identify the specific benefits, and how the four capabilities contribute to them.
Explain how business intelligence would improve their Customer Service function.
Explain the technologies that facilitate organizational memory capabilities.
The four capabilities of a business intelligence can be divided into:
data presentationdata analysisdata ingestiondata foundation.What is a business intelligence?This refers to the technology that allows analyzing of data and delivering of actionable information that can helps executives, managers and workers make informed business decisions.
The system of business intelligence is vital for business because it allows them to have an insight into what their competitors are doing and to allows informed & educated decisions for plans.
The business intelligence would improve Apple's Customer Service function because it helps to gain better understanding of customers. For instance, it help to predict the future buying behavior of a customer.
In conclusion, the system thus increases the overall customer satisfaction by improving interactions with your customers and understanding their needs.
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Why is it important to keep personal finances separate from business finances?
Answer:
Perhaps the most important reason to separate personal and business finances is for tax purposes. As a business owner, you're allowed to deduct business-related expenses like travel and supplies. To claim these deductions, you must have proper supporting documentation. Keeping your business assets separate from your personal finances can be a liability and help protect your assets in the case of any legal actions.
When a house is built on a lot, the house is an example of:
When a house is built on a lot, the house is an example of Real property.
A lot or plot of land is a tract or a parcel of real estate that is owned by or intended to be owned by some owner. In certain nations, a plot is essentially regarded as a piece of real estate, whereas in others it is referred to as immovable property which effectively means the same thing.
What are the two types of properties?Two different kinds of property exist. Any property will be categorized legally as either personal property or real property. Our current laws still make a distinction between the two categories of property, although this distinction dates back to English common law.
A "lot" is frequently big enough for just one house. Typically, the word "lot" does not refer to a specific area of land. Instead, it usually refers to a particular parcel of land of any size that can be purchased under a separate contract. The area described must be contiguous in order to be treated as a single lot.
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Which of the following is the single largest federal expenditure? *
1.national defense
2.Social Security
O interest
O Medicare
Answer:
it is B
Explanation:
I Known because I searched it up