Purposes of the coinsurance clause in health insurance contracts include which of the following? I. To reduce premiums. II. To exclude coverage for certain medical procedures
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: A
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Which of the following is an example of a purchase money security interest in consumer goods?
A) A doctor purchasing a computer on credit to create a Webpage to make services and information available to her patients B) A doctor purchasing on credit a blood glucose monitor to check his own blood sugar levels C) A doctor purchasing a TV/VCR unit on credit to place in her office waiting room D) A doctor purchasing an exercise bike for his employees to use over the lunch hour
Data collected in its raw form is usually adequate to determine the effectiveness and efficiency of an existing system.
Answer the following statement true (T) or false (F)
On October 31, 2018, your company's records say that the company has $21,641.13 in its checking account. A review of the bank statement shows you have three outstanding checks totaling $9918.17, and the bank has paid you interest of $31.74 and charged you $26.00 in service charges. The bank statement dated October 31, 2018 would report a balance of: (Round your answer to 2 decimal places.)
A. $11,717.22. B. $11,728.70. C. $31,565.04. D. $31,553.56.
If the control limits in statistical quality control are set at two standard deviations above and below the mean,
A. The cause of the errors that exceed the number allowable for the control limits is due to chance. B. The cause of errors that exceed the number allowable for the control limits can be attributed to some factor other than chance. C. Employee fatigue is the reason for errors exceeding the control limits. D. All errors fall within the control limits.