All of the following statements about the Medicare Prescription Drug Plan are true EXCEPT
A) Medicare prescription drug coverage is available to all Medicare beneficiaries.
B) Medicare prescription drug coverage is funded exclusively through the Part A payroll tax.
C) The Medicare prescription drug program provides financial help for beneficiaries with limited income and financial resources.
D) In addition to the initial deductible, there is a coverage gap where the beneficiary must pay the entire cost of prescription drugs.
Answer: B
You might also like to view...
A narrow view in which people see things solely through their own perspective is known as
A. concentrism. B. polycentrism. C. geocentrism. D. expatriatism. E. parochialism.
The auditor is only concerned about the aggregate internal control deficiencies when determining the appropriate opinion on internal control over financial reporting (ICFR)
a. True b. False Indicate whether the statement is true or false
For a single server, single queue system with an arrival rate of 12 customers per hour and a service rate of 14 customers per hour, what is the mean server utilization (to two decimal places)?
a. 0.20 b. 0.86 c. 1.17 d. Cannot be determined from the information given
Hayes Inc. provided the following information for the current year:Beginning inventory 100unitsUnits produced 750unitsUnits sold 800unitsSelling price$150/unitDirect materials$35/unitDirect labor$16/unitVariable manufacturing overhead$15/unitFixed manufacturing overhead$24,000/yearVariable selling/administrative costs$8/unitFixed selling/administrative costs$15,500/yearWhat is the unit product cost for the year using variable costing?
A. $98 B. $95 C. $66 D. $74 E. $96