Laszlo’s organization provides group health insurance that covers a set percentage of fees for medical services such as doctors or in-patient care. It allows him to go to any doctor or provider. His group health insurance is a ______.

A. fee-for-service plan
B. health maintenance organization
C. preferred provider organization
D. health savings account service


A. fee-for-service plan

Business

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A major role played by information technology in improving customer service is to

A) present customers with a long menu of options when they ask for help. B) sell customer lists to other companies. C) provide uniform services. D) individualize service.

Business

Oxford Packing Company reported net sales in November of the current year of $1,000,000. At the beginning of November, the company reported beginning inventory of $368,000. Cost of goods purchased during November amounted to $217,500. The company reported ending inventory at the end of November of $226,750.The company's gross profit rate for November of the current year was:

A. 58.6% B. 35.9% C. 64.1% D. 81.2% E. 18.8%

Business

In order to test the significance of a multiple regression model involving 5 independent variables and 50 observations, the numerator and denominator degrees of freedom for the critical value of F are 5 and 45 respectively

Indicate whether the statement is true or false

Business

Which of the following is an accurate statement about internal control weaknesses?

A. All control deficiencies must be communicated to the audit committee. B. Material weaknesses are also control deficiencies. C. Control deficiencies are also material weaknesses. D. Significant deficiencies are also material weaknesses.

Business