Ian is committing C. insurer fraud. Insurer fraud refers to fraudulent activities perpetrated by insurance companies or individuals who operate as insurers.
In this case, Ian has established his own health insurance company online and is intentionally deceiving customers by collecting premiums but refusing to pay any claims. By offering low premiums and creating the perception of a great deal, Ian lures individuals into purchasing policies, but his true intention is to abscond when suspicions arise.
This type of fraudulent behavior is a form of insurer fraud as Ian is misrepresenting his insurance company's operations, financial capabilities, and intention to fulfill claims, ultimately defrauding policyholders and abandoning his obligations as an insurer.
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the steps to analyze the effects of the business transactions should be performed in what order?
It is typically recommended to follow the procedures when analyzing the effects of commercial transactions are transaction identification, analyze transaction, record and analyze transaction and perform trail balance.
Find the transaction: The first step is to find the transaction that has taken place. Understanding the transaction's nature and the affected accounts is necessary for this.
Evaluate the transaction: To ascertain its effect on the accounting equation: The next step is to analyze the transactions. In order to do this, you must first determine which accounts are impacted and in what way (i.e., whether they are increased or decreased).
Register the transaction: The transaction must be recorded in the appropriate accounting records after the impact of the transaction has been evaluated. As determined by the analysis of the transaction, this comprises debiting and crediting the appropriate accounts.
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Do you agree or disagree that world history revolves around money? Why or why not?
Answer:
I agree
Explanation:
Battles and soldiers during the world wars both 1 and 2 were surrounded by money to me because for instance when Hitler was around he was only there for the money and if it wasnt bc of that it was bc of the aryan race
but thats besides the fact that i believe that history is a mixed up feelng of what happened in that time era
hope this helps
Give (2) examples how we deal with "Scarcity"
Answer:
Either increasing supply or lowering demand
Explanation:
increasing supply:
e.g. when less developed countries (LDCs) experience a famine or drought, other countries can supply food and/or water to them
lowering demand:
finding alternative solutions of the product (that have the same effect as the original product) or reducing the reasons for why there is a high demand
- e.g. crops not growing well due to weather/crop disease going around -> find a crop that is more resistant to the disease (reducing reasons for demand)
- e.g. rice field has an infestation -> not yielding enough rice to feed the population -> population feels hungry and other foods cannot help them feel full/sustain them -> find another crop to substitute, like yam or potatoes that are equally filling (alternative solutions)
but these two are pretty much the same so
also please note I don't take any courses on supply and demand other than geography so I might be completely wrong
Achievements that will take you a while to meet are referred to as _____________.
A.
backwards goals
B.
short term goals
C.
long term goals
D.
visualization
Hello!
Your answer is long term goals!
(don't know why they deleted my answer)
Hope this helps!
If a firm's marginal revenue is below its marginal cost, an increase in production will usually: a. increase profits. b. leave profits unchanged. c. decrease profits. d. increase marginal revenue.
Answer:
D. increase marginal revenue
Explanation:
If marginal revenue is less than marginal cost then they are producing too much product and need to decrease production until marginal cost and marginal revenue are equal.
state farm has a commitment to service, which is one way of managing for
state farm has a commitment to service, which is one way of managing for competitive advantage.
The ability to execute at a better level than others in the same sector or market is referred to as having a competitive edge (Christensen and Fahey 1984, Kay 1994, Porter 1980 cited by Chacarbaghi and Lynch 1999, p. 45). Due to current concerns about higher performance levels of organizations in today's competitive market, the study of this advantage has gained significant research interest. When a company is adopting a value-creating strategy that isn't being done at the same time by any other players, current or potential, it is considered to have a competitive edge (Barney 1991 cited by Clulow et al.2003, p. 221).
The edge a company has over its rivals is known as a competitive advantage. By providing them with better and higher value, this can be accomplished.
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Which of these has a low correlation to job satisfaction?
Age correlation to job satisfaction has a low correlation to job satisfaction.
Correlation is a measure of the relationship between two or more variables. It is used to determine how one variable is affected by changes in other variables. Correlation can be used to measure the effectiveness of a marketing strategy, the performance of a product, or the success of a business venture.
It can also be used to identify relationships between different variables, such as customer satisfaction and profitability. Correlation is an important tool for understanding how different factors can influence the success of a business.
The relationship between age and job satisfaction is weak. While age may be correlated to job satisfaction in some cases, it is not a consistent predictor of job satisfaction. Factors such as job security, pay, benefits, work-life balance, and autonomy are more likely to be correlated with job satisfaction than age.
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Your client, a builder, is considering buying three adjacent lots. They each have the same depth: 275 feet. Lot A is 35,750 s.f., Lot B 53,900 s.f., and Lot C is 33,000 s.f. If your client buys all three lots, what total street frontage will he have?
If he buys all three lots, the client will have a total street frontage of 350 feet.
What are squared feet?The squared feet are obtained by multiplying the length by the width. This translates to Length (in feet) x width (in feet) = area in sq. feet.
The length or width of squared feet of an area is equal to the square root of the area.
The formula to calculate the area of the square is:
Area of a square = Side²
Side = √Area
Data and Calculations:Square feet of Lot A = 35,750
Square feet of Lot B = 53,900
Square feet of lot C = 33,000
Total square feet of the three lots = 122,650
The square root of 122,650 squared feet or √122,650 = 350 feet
Thus, if your client buys all three lots, the total street frontage will have is 350 feet.
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A salesperson whose primary responsibilities are to identify potential customers and engage those customers in discussion to attempt to make a sale are known as
Answer:order getter
Explanation:
"What a given group of people appreciates" are their ___________. A. Cultural contexts b. Culture shock c. Cultural education d. Cultural values Please select the best answer from the choices provided A B C D
Answer:
d. Cultural values
Explanation:
Cultural values are the values and norms that are followed by a distinct society or a group of people. In other terms, values and norms developed within the society to form its basis are said to be the cultural values. The people believe, follow, and appreciate the values. They help in defining the ways of living and leading the life. The behavior, nature, and thinking of the society is influenced or structured as per the cultural values.
Answer:
D
Explanation:
I just took the assignment
You plan to make a series of deposits in an interest-bearing account. You will deposit $1,000 today, $2,000 in 2 years, and $8,000 in 5 years. If you withdraw $3,000 in 3 years and $5,000 in 7 years, how much will you have after eight years if the interest rate is 9%?
Answer:
$5,641
Explanation:
DEPOSIT NOW
$1000 * FVIF 9%,8 PERIODS
= $1000 * 1.9926
= $1992.6
IN 2 YEARS
= $2000 * FVIF 9%,6 PERIODS
= $2000 * 1.6771
= $3354.20
IN 5 YEARS
= $8000 * FVIF 9%, 3 PERIODS
= $8000*1.2950
= $10360
WITHDRAWAL: IN 3 YEARS
= ($3000) * FVIF 9%, 5 PERIODS
= ($3000) * 1.5386
= ($4615.80)
IN 7 YEARS
= ($5000) * FVIF 9%, 1 PERIOD
= ($5000) * 1.0900
= ($5450)
Total value = $1992.6 + $3354.20 + $10360 - $4615.80 - $5450
Total value = $5,641
So, the total future value after eight years is $5,641
30 points please help!
Which of the following are NOT considered employment taxes?
a. real estate taxes
b. social security taxes
c. self-employment taxes
Answer:
B.
Explanation:
Social Security is Payroll Tax.
In economics, actions by individuals and interest groups designed to influence public policy in a manner that will either directly or indirectly redistribute more income to themselves are known as.
Rent-seeking refers to individuals and interest groups' efforts to influence public policy to either directly or indirectly transfer more revenue to themselves.
Rent-seeking is a tactic for gaining more profit or money above and the minimal payment necessary to keep the resources functioning at someone else's expense individuals'.
The rent seeker seeks to maximize its income for a resource it offers by transferring the financial burden to others. It also frequently has additional negative implications, such as increased economic disparity, lost government revenues, and less competitiveness. Rent-seeking does not boost the economic expense of individual output.
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Mention five legal ways to spend money
Some ways that you can spend money legally are:
Buying booksGoing on a vacationBuying a companyGiving to the poor or a charityEmploying laborWhat is Money?This refers to the legal tender that is used for the buying and selling of goods and services that have an inherent value
Hence, we can see that based on the given question, money can be spent in a variety of ways legally and this includes starting a business, giving to the poor, etc.
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supporters of globalization believe that tougher environmental regulations and stricter labor standards are a natural aspect of economic progress. t or f
True, supporters of globalization believe that tougher environmental regulations and stricter labor standards are a natural aspect of economic progress.
What kind of economic globalization is it?
Economic globalization is the term used to describe the rising interdependence of world economies as a result of the expanding size of cross-border trade in goods and services, the movement of capital internationally, and the wide-spread and quick adoption of technology.
What impact is globalization having on the current economic climate?
Globalization generally lowers the cost of manufacturing. This enables businesses to provide consumers with items at a lesser cost.
Increases in the level of life are largely influenced by the average cost of commodities. The range of products available to consumers has likewise increased.
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Angie’s net cash flow surplus each month is $200. Her disposable
monthly income is $2,500. What is her minimum emergency funding
need?
Points: 1
$2,300
$6,900
$13,800
$4,600
Based on the calculations, the closest option is $13,800, which represents Angie's minimum emergency funding need of 13 months multiplied by her disposable monthly income of $2,500. Option C
To determine Angie's minimum emergency funding need, we need to consider her net cash flow surplus and her disposable monthly income.
Angie's net cash flow surplus is the amount of money she has left over after covering her expenses and financial obligations each month. In this case, her net cash flow surplus is $200.
Her disposable monthly income is the total amount of money she has available to spend or save after deducting taxes and other mandatory expenses. In this case, her disposable monthly income is $2,500.
To calculate the minimum emergency funding need, we need to determine how many months Angie's net cash flow surplus can cover her expenses in case of an emergency. This can be done by dividing her disposable monthly income by her net cash flow surplus:
Minimum emergency funding need = Disposable monthly income / Net cash flow surplus
= $2,500 / $200
= 12.5 months
Since we cannot have fractional months, we round up to the nearest whole number. Therefore, Angie's minimum emergency funding need is 13 months. Option c
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What are the journal entries to record a cash sale of inventory?.
Answer:
In the case of a cash sale, the entry is:
[debit] Cash. Cash is increased, since the customer pays in cash at the point of sale
.[debit] Cost of goods sold. ..
. [credit] Revenue. ...
[credit]. ...
[credit] Sales tax liability.
Explanation:
In the case of cash sales, the “cash account” is debited, whereas “sales account” is credited with the equal amount.
When a department in an organization has a high level of absenteeism, we are dealing with:____.
When a department in an organization has a high level of absenteeism, we are dealing with a problem's symptom rather than the issue itself.
Absenteeism: What Is It?The habitual absence of an employee from their place of employment is known as absenteeism. When a person often misses work due to genuine reasons like planned vacations, illness from time to time, or personal emergencies, this is referred to as habitual non-presence.What contributes to absenteeism?The term "absenteeism" refers to a worker's routine absence from work, which is typically intentional and unjustified. The main causes of absence include family obligations, illness, job searching, and workplace harassment.Learn more about absenteeism here:
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Demarco and Tanya have received information about three separate mortgage offers. In two or three paragraphs, describe your recommendation for the best financial choice in their situation.
Answer: first one
As for Mortgage Option 3, not only is the interest rate higher (4.0%), but the remaining balance that is not paid has to be paid off completely in 8 years. After the down payment, they would have a $1,605 monthly payment which includes the fixed interest rate of 4.25% as well. Due to the short payment time, a borrower has a risk of loosing their home and equity if the final payment is not able to be made. Mortgage Option 2 has the lowest interest rate (3.5%) but these rates could be adjusted annually. Even though the interest rate is the highest, they would be able to afford it. Not only are they able to make these payments, Tanya and Demarco would also have. approximately $3,395 left to spend from their monthly earnings too.
Explanation:
credit to mohammedalm2
Assume you are a paralegal working for a corporate law firm. New clients Bradley Harris and Cynthia Lund have just finished an initial meeting with your supervising attorney, Belinda Murphy. Ms. Murphy has briefed you on their situation. Bradly Harris and Cynthia Lund have just incorporated a business called Cutting Edge Computer Repair, Inc. After consulting with Ms. Murphy, they feel it would be in their best interests to be taxed as an S Corporation. Ms. Murphy has asked you to prepare the necessary Form 2553 to elect S Corporation status for their signatures.
Using the earlier information and the information in Appendix B-3 on pages 689-690 of this text, do a Form 2553 for Cutting Edge Computer Repair, Inc. This form may be downloaded from the Internal Revenue Service's website at http://www.irs.gov (Links to an external site.)
As a paralegal at the corporate law firm, I would assist in preparing the Form 2553 for Cutting Edge Computer Repair, Inc. to elect S Corporation status.
Form 2553 is the official document required by the Internal Revenue Service (IRS) to elect S Corporation tax treatment. It allows eligible entities to choose to be treated as an S Corporation for federal tax purposes.
To complete the form accurately, I would gather the necessary information from Bradley Harris and Cynthia Lund, the owners of Cutting Edge Computer Repair, Inc., as well as consult Appendix B-3 on pages 689-690 of the relevant text for guidance.
The Form 2553 typically requires details such as the entity's legal name, address, and Employer Identification Number (EIN), as well as the tax year for which the S Corporation election is effective. I would ensure that all required fields are accurately filled out and that the form is signed by the appropriate parties.
It's important to note that since the specific details of Bradley Harris and Cynthia Lund's situation and their business were not provided in the prompt, the exact completion of the form cannot be provided here. The completion of Form 2553 should be tailored to the unique circumstances of Cutting Edge Computer Repair, Inc. It is recommended to consult the official IRS website and any relevant tax professionals or resources to ensure accurate completion of the form based on the specific requirements and guidelines provided by the IRS.
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for which of the following audit tests would an auditor most likely use attributes sampling?
An auditor would most likely utilise attributes sampling when checking employee time cards for necessary supervisor permission during audit testing.
"Independent inspection of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is performed with a view to offer an opinion thereon" is what is meant by an audit. The purpose of auditing is to make sure that a company is keeping its books of accounts in accordance with the law. Auditors analyse the claims made in front of them, gather supporting data, then evaluate the claims in their auditing report. Various stakeholders can receive third-party assurance from audits that the subject matter is free of material misrepresentation.
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How old will someone who graduated high school at 18 be until they get a Masters Degree in civil engineerings ?
Answer:22 years
Explanation:
1. after watching the big short, do you have a clearer understanding of the wall street collapse of 2008? does the movie do a good job, or a poor one, of explaining the arcane financial devices and the ins and outs of the bond markets? did you find it interesting? or were you bored to tears?
Yes the movie big short gave a good explanation of the financial instruments that led to the wall street collapse in the year 2008.
How the movie relates to the happenings that led to the collapse of the wall street.The writer of this movie helped to tell the story of what happened in the year 2008. He focused on the people that were behind the crash.
He used good celebrities to keep the attention of the viewer on the happenings and helped to show in good perspective all that happened.
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Which of the following is true if you are making all of your payments ON TIME? A. You will have many payments, and your credit score will drop. B. You will only have a few payments, and your credit score will remain the same. C. You will have many payments, and your credit score will rise. D. You will only have a few payments, and your credit score will drop.
Answer:
d. You will only have a few payments, and your credit score will drop.
Explanation:
Think of a favorite product that you have. What do you think ALL of the things are that have to happen before you see the product in the store?
The transformation of raw materials into finished goods. Natural items are transformed into goods that can be sold on the market through manufacturing.
What are the initial steps ?The acquisition and monitoring of raw materials is the initial step in inventory management. The environment can be mined for raw materials or they can be purchased from sources. Once received, raw materials must be kept in storage until they are needed for manufacturing. Systems of inventory keep track of the quantity, location, and state of each raw item.
Work in process refers to the production process from storage to the assembly line. Production might be carried out internally or contracted out to manufacturers. Inventory management systems monitor the production process and the finished goods as they are produced in both scenarios.
The number, location, and state of each end product must be monitored. The system is updated in response to product purchases to account for the drop in inventory following distribution.
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A sales organization practice whereby a different sales force calls on each separate type of buyer or market channel is referred to as a:_________
A sales organization practice whereby a different sales force calls on each separate type of buyer or market channel is referred to as a "Customer sales organization".
What is market channel?A marketing channel is defined as the collection of individuals, organizations, including activities that collaborate to move things (products and services) between their point of origin to their point of consumption.
There are four basic types of the market channel are-
Direct selling is the practice of marketing and selling products directly to customers without the use of an established retail location.Products are manufactured just at point of origin then sold to clients by downstream middlemen such as brokers, traders, wholesalers, and retail stores.Dual distribution occurs when manufacturers mix various types of outlets to offer products to end users. This could imply that the producer sells directly to clients as well as to wholesalers and retailers that sell to customers via their own distribution networks.Reverse marketing is the process of returning merchandise from the customer to the manufacturer. Recycling & product recalls are two examples of reverse marketing.To know more about the market channel, here
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How is the president pro tempore chosen ?.
The senator from the ruling party with the longest history of continuous service is traditionally chosen by the Senate to serve as president pro tempore (or "president for a time").
The second-highest ranking official in the United States Senate and senior senator is known as the president pro tempore of the United States Senate (often abbreviated as president pro tem). The vice president of the United States is the president of the Senate (despite not being a senator), and the Senate is required to elect a president pro tempore to preside over the chamber in the vice president's absence, according to Article One, Section Three of the United States Constitution.
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Type the correct answer in the box. Spell all words correctly.
Complete the sentence with the correct word.
Mia likes to write books during her
free time. At present, three of her books have been
published and sold around the world.
The income received
from selling her
books is an example c
income.
Reset
Next
The income received from selling her books is an example of passive income.
Income is split up into three categories by the IRS in the US: active income, passive income, and portfolio income.
What is passive income?A sort of unearned income known as passive income is one that is automatically acquired and requires little to no work to retain. It frequently goes hand in hand with another revenue stream, like a second job. A taxable acquired income, passive income is derived from capital gains or has a connection to the tax deduction system.Examples of passive income include producing books, recording music, selling digital goods, and generating other items that generate money. Investing. capital gains through asset investments.Investing in dividend stocks is one of the simplest passive income strategies available. When you buy a dividend stock, you support a company's operations while also getting regular returns on your investment. Progressive passive income is described as such when the earner puts minimal effort into increasing the revenue.Learn more about passive income here:
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higher level profession requires in the knowledge good skills and a special training explain this statement with example
PLZZ make uhr on answer
Answer:
true
Explanation
Higher level professions are professions occupied by professionals who think strategically and carry out their duties by adhering to the ethical standards that governs their profession. Examples are medical practitioners, engineering, accountant and pilot. All these requires in-depth knowledge , good skill and special training because of the technical nature of the profession.
Having a degree is not enough to deliver on these professions because of their complexities. These professionals must adhere to the ethical standard that governs their profession and also hold themselves out of having the required training, knowledge and experience .
Take for instance a pilot who controls a plane. Asides having the required education, he would undergo special trainings on how to fly planes. He must also have the skills and experience of flying before being certified to fly people because of the risky nature of the profession.
The above example also applies to a doctor. He would undergo trainings depending on his area of specialization and must have knowledge before being certified to work as a doctor. The reason is that he is dealing with lives hence must possess the the required skills and experience
ECONOMICS CHAPTER 2 SECTION 3
explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market
ECONOMICS CHAPTER 2 SECTION 3
Private property rights and market is in which people buy and sell resources or goods and services.
Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.
Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.
Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.
Factor market and product market- The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.
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