Program staff are to be trained on CACFP annually. New staff are to be trained upon hire and annually thereafter. True False
Annual requirements are typically completed once per year. True False
Organizations that are affected by, and that affect, their environment are called: A Interactive systems B Closed systems C Open systems D Inputs E Outputs
Competition is most intense when there are __ direct competitors, industry growth is slow, and the product or service cannot be differentiated. A Few B Many C Some D Limited E No
If 5000 is borrowed at a rate of 6.75% interest per year, compounded quarterly, find the amount due at the end of the given number of years. (Round your answers to the nearest cent.) (a) 3 years square (b) 5 years square (c) 7 years square
What action is involved in communicating financial results? Deciding what employee to hire for payroll Measuring the financial impact of an event Preparing a budget Recording accounting events
Multiple Choice An insurance produce license is required for which of the following? A. The head underwriter of a large insurer B. A business entity soliciting insurance C. O An office manager who sets sales appointments for an agency's producers D. O An officer of a Fortune 500 insurance company
Describe the role of the tax collector and assessor office in vehicle registration. The tax collector and assessor office issues driver's licenses. The tax collector and assessor office enforces traffic laws and regulations. The tax collector and assessor office provides vehicle maintenance services. The tax collector and assessor office is responsible for handling
Solve PV=(PMT(1-(1+r/m)^-mt))/(r/m) for the technology formula of mt, the format to input into the calculator. mt=square
What is a barrier to family planning?Select all that apply. Cost Services only targeting youth Insurance issues Transportation
Which of the following statements is TRUE regarding an Agent's Report during the policy application process? A. It provides the agent's personal observations concerning the proposed insured. B. It becomes part of the entire contract after the policy is issued. C. It is a required element of the contract. D. It is only used when the initial premium is not paid with the application.
What is the present value (principal) of the investment amount that grows to $\$ 24,300$ in 5 years if the interest rate is $7\% $ compounded continuously? $\$ 17,123.92$ $\$ 18,290.80$ $\$ 18,275.83$ $\$ 17,768.65$
Choose whether the statement is true or false: Potable water and lavatory service should not be completed at the same time. True False
Question 88 of 95 Which statement is NOT true regarding a policy summary? A. It must be combined with a sales illustration. B. It must include the generic name of the basic policy and each rider. C. It is generally given to applicants before acceptance of the initial premium. D. It must include the date the policy summary is prepared.
Which of the following actions should a billing and coding specialist take when submitting a claim to Medicaid for a patient who has primary and secondary insurance coverage? Attach the remittance advice from the primary insurance along with the Medicaid claim. Submit the claim and remittance advice to the secondary insurance. Attach the remittance advice fr from the patient's most recent visit to confirm Medicaid eligibility. Submit both claims simultaneously and then review the remittance advice from both to determine which one provided more coverage.
Which is the primary source of information used fo insurance underwriting? A. Private investigations B. Medical records C. Application D. Applicant interviews
The Hospital Emergency Incident Command System (HICS) is an emergency management system, which employs a logical management structure defined responsibilities; clear reporting channels, and a common nomenclature to help unify hospitals with other emergency responders. True False
Which statement is NOT true regarding government intervention in the economy? If the economy is doing badly, the government should cut spending to improve it. Progressive income tax is a form of automatic stabilizer. Most suggest that the government should promote macroeconomic stability. Unemployment insurance is an automatic economic stabilizer.
down. To stop this, the U.S. government uses antitrust laws. These laws prevent companies from becoming too powerful. They stop unfair business deals and break up companies that are too big. Antitrust laws protect the market and keep it fair. The government also uses regulations. These are rules that businesses must follow. For example, companies must pay at least the minimum wage. They must keep workers safe and cannot pollute the air or water too much. These rules protect workers, consumers, and the environment. Regulations are important because they help create balance. Businesses still have freedom, but they also have to follow rules that protect people. This helps the economy grow while avoiding some of the big problems that happen in systems that are only capitalist or only socialist. In the end, the United States is mostly capitalist, but it includes many socialist ideas too. This is what makes it a mixed economy. It tries to give people opportunity, while also making sure there is a safety net. It helps protect competition, prevent monopolies, and support people in need. The goal is to make the system work for as many people as possible. Check-on-Learning &Reflection Questions (20 Total) 1. What is a mixed economy? 2. What two systems are combined in a mixed economy? 3. In capitalism, who owns the 4. What is profit? 5. What does innovation mean?
A firm that operates on a worldwide scale without ties to any specific nation or region. $\square $
