Jackline98

Medicare - ️️Federal health insurance program Medicare is administered by whom? - ️️CMS ( Centers for medicare and medicaid services) Parts A & B of medicare are - ️️federal health insurance program referred to as original medicare Part A? - ️️Hospital insurance Part B? - ️️Medical insurance What doesnt medicare cover? - ️️routine dental, eye care hearing exam,deductibles, coinsurance and copayments Part C? - ️️Medicare Advantage Plans MA covers? ...

Joseph has Original Medicare and was a patient in the hospital last week. What part of Medicare helps cover the costs of his inpatient hospital stay? - ️️Part A - ️️The consumer must be in a valid MA election or disenrollment period. Which of the following consumers would be eligible for Medicare? - ️️Consumers age 65 or older, consumers under 65 years of age with certain disabilities for more than 24 months and consumers of all ages with ESRD or ALS Which of the following ...

What is the definition of Abuse? - ️️Abuse includes any practice that results in the provision of services that are not medically necesary An agent should only enroll a consumer in a product: - ️️That is suitable for the consumer's needs, goals and financial resources. When marketing UnitedHealthcare Medicare Advantage plans to consumers, which of the following must an agent do? - ️️Provide current marketing materials that have been approved by CMS and UnitedHealthcare. Age...

For the routine service cost center, an increase in the number of patient days over the budgeted number of patient days will result in: 1. A higher average cost per patient day. 2. A lower average cost per patient day. 3. An increase in the budgeted fixed costs for the routine service cost center. 4.No change in the average cost per patient day. - ️️2. Which of the following balance sheet items would differ between a for-profit and a not-for-profit healthcare organization? 1.Reta...

CEO Compensation should be based on: a. the compensation arrangement with prior CEO b. executive compensation in local corporations with similar gross revenues c. present day salary plus cost-of living adjustment d. what the institution would have to pay for a similarly prepared person if that person were employed elsewhere - ️️d. what the institution would have to pay for a similarly prepared person if that person were employed elsewhere An essential function of the governing board i...

The interpretation of the healthcare organization's role with respect to healthcare values would require: a. Establishing corporate goals and major institutional policies b. Ensuring that the community served by the facility is well informed about the organization's goals and performances c. Developing a mission statement indicating the organization's fundamental purpose or reason for existence, in order to guide organizational behavior d. Creating a corporate vision of the organization'...

CEO Compensation should be based on: - ️️what the institution would have to pay for a similarly prepared person if that person were employed elsewhere An essential function of the governing board is to: - ️️approve the mission, vision, and long-range plan The key to enhancing board effectiveness is: - ️️organizing the board's work Members of the medical staff are eligible for full membership on the governing board in the same manner as other individuals: - ️️when not le...

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Under the Securities act of 1933, registration is required for which of the following securities? A. Eurodollar bonds B. Municipal securities C. American Depositary Receipts (ADRs) D. Securities issued by the federal government - ️️C. American Depositary Receipts Which of the following outcomes are possible for the writer of a covered call option? A. Profit limited and loss limited B. Profit limited and loss unlimited C. Profit unlimited and loss limited D. Profit unlimited an...

What is cost basis? A The original purchase price plus any transaction costs B The transaction charges affiliated with the purchase of any security C The net after-tax purchase price per share of common stock D The amount of any gain or loss if a different transaction had occurred - ️️A. The original purchase price plus any transaction costs Which of the following corporate securities carries the greatest risk to the investor? A Commercial paper B Common stock C Preferre...

Upon Expiration, all in-the-money S&P 100 Index call options are settled by the delivery of which of the following? - ️️Cash Which of the following statements is true about treasury stock? - ️️It is issued stock that has been subsequently reacquired by the corporation In the event of a stock split, which of the following parties is required to maintain a record of the shareholders eligible to receive the additional shares? - ️️Transfer Agent Which of the following actions is...

A customer writes an MMM January 70 put at 6. The maximum potential gain on this position is - ️️600 Your customer is long 1 October 75 put at 2. The customer's maximum gain potential is - ️️7300 Large time deposits of more than $100,000 are considered to be found in what part of the money supply? - ️️M3 By purchasing shares of stock in a company, investors can benefit from which of the following? An increase in the price of the shares An increase in price of the company...

The securities industry's primary regulatory body and created under what act? - ️️SEC, Securities Exchange Act of 1934 Function under the SEC's oversight and is accountable to the Commission for enforcing federal securities laws, as well as supervising securities practices within an assigned jurisdiction. - ️️Self Regulatory organizations (SRO) what are the largest SROs - ️️Financial Industry Regulation Authority (FINRA), Chicago Board Options Exchange (CBOE), Municipal Secur...

What type of risk is unique to a specific industry, business enterprise, or investment type? - ️️Nonsystematic risk Under which of the following circumstances is an investor in a position to acquire stock? - ️️Buy a call, sell a call (The holder of a call has the right to buy stock at the strike price if exercised. The seller of a put is obligated to buy stock at the strike price if exercised) Options- a premium - ️️the cost of an option contract, expressed in dollars per share...

Do common stock holders have to right to inspect all books of a company? - ️️No, only certain items suchs as the income statement and balance sheet Order of asset distribution - ️️Taxes Secured debt Unsecured debt Preferred stock holders Common stock holders What type of corporate security is considered the riskiest? - ️️Common stock Of all securities, common stock has historically - ️️Provided the best hedge against inflation, best capital appreciation potential ...

Which corporate voting procedures entitles a shareholder to one vote per share, and votes must be divided evenly among the candidates being voted on? - ️️Statutory voting What market refers to the trading of exchange-listed securities in the over-the-counter market? These trades allow institutional investors to trade blocks of securities directly, rather than through an exchange, providing liquidity and anonymity to buyers. - ️️Third market An investor sells a naked call on Omikron...

The redemption value of an open-end investment company's shares is based on the: previous offering price previous closing NAV NAV computed after the order is received offering price computed after the order is received - ️️NAV computed after the order is received The computation of dollar prices and accrued interest on municipal bonds is normal on what calendar basis? 30/360 30/365 Actual/360 Actual/365 - ️️30/360 Blue-sky laws are regulated by which of the following entit...

If interest Rates fall the issuer will most likely call which bonds first? - ️️High Dividend Rate preferred issues trading at a premium What are some actions by a corporation will affect an individuals common shareholder's equity - ️️Conversion of convertible preferred stocks or bond Repurchase of common shares Issuance of additional common shares (Stock splits do not effect shareholders equity but it must be voted on because it effects Par Value) Benefits to a Convertible ...

What are three primary AGC control models? - ️️Tie-Line Bias, Constant Frequency, Constant Net Interchange When a balancing Authority's ACE is zero, what is true? - ️️The BA load-interchange-generation balancing while supporting Interconnection Frequency In a 3-phase AC generator... - ️️Each phase is physically offset by 120 degrees Inductance is a property of an electric circuit that opposes the change in ___ - ️️current What three values are included in OHM's Law?...

As a Transmission Operator, you realize that the voltage level is starting to decline in the North West part of the system. Which of the following devices should you, as a Transmission Operator, be able to operate, and/or have another entity operate to raise the voltage level back to normal in the North West part of the system? Generator Reactive Output Transformer Underload Tap Changers All answers are correct Shunt Capacitor Banks - ️️NERC Standard VAR-001 states, "Each Transmissio...