Answer: Error and Omissions insurance that protects against lawsuits
Error and omissions insurance is formally known as professional liability insurance.
The need for this policy arises because general insurance policies only cover physical damages. General insurance policies do not cover loss incurred on account of negligence malpractice or misrepresentation of facts by professionals like lawyers, accountants, doctors and other professionals.
Coverage under this policy covers only those legal liabilities specifically listed in the contract. It does not cover criminal prosecution, nor does it cover breach and unlawful use of data or technological issues.
The claims made under this policy usually hold good only for those made under the policy period.
Answer:
What is professional liability insurance?
A.
error and omissions insurance that protects against lawsuits
B.
short term insurance that protects professional in between jobs
C.
medical insurance that pays medical bills for on the job injuries
D.
life insurance provided by employers for professionals only
Explanation:
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A trade-off is the value of what you are giving up when you make a purchase.true or false
The statement is true; a trade-off is indeed the value of what you forfeit when choosing one option over another. Trade-offs can involve both measurable and immeasurable values, like money or enjoyment.
The statement that a trade-off is the value of what you are giving up when you make a purchase is true. A trade-off involves a decision where one benefit is given up in order to gain another. For instance, if you have to decide between going to the movies or seeing a concert, and you choose the movies, then the trade-off is the missed opportunity to attend the concert. Trade-offs can involve tangible elements such as money, time, or property, but they can also encompass intangible aspects like enjoyment or personal satisfaction.
The concept of trade-off is closely linked to the idea of opportunity cost in economics, which quantifies the next best alternative forgone. When engaging in a trade or exchange, you might give up something to obtain something else, hoping that the utility or satisfaction you gain is worth more than what you've surrendered. The terms of a trade are often expressed through price, indicating how many units of one item are exchanged for another. However, if expectations are not met, the individual might feel the value received is less than the value given up.
12. A powerful trend for US businesses over the past few decades has been to A. reduce the number of hierarchical layers. B. increase the number of reporting levels. C. replace flat organizational structures with tall ones. D. increase formalization.
A. Redce the number of hierarchical layers.
Which type of tax does the federal government collect
The federal Government collects Income tax
Why should you consider writing a “new” resume & cover letter for each job you’re applying to?
If you had a stellar resume that highlighted all of your qualifications for the position, you might have been hired. However, if you later felt the position wasn't appropriate for you, you might have quit.
What is a resume?A succinct written summary of your training, credentials, and prior employment that you provide to an employer when you're looking for work.
You might use your prior employment as justification for hiring you in addition to having the chance to adapt and learn new abilities. Rewriting your CV may also help you get experience in reporting your accomplishments to potential employers.
The submitted resumes might be kept on the company's website. When a different prospective employer looks at your resume and notices that it is identical to one at the other company, they may conclude that simply did never put forth the effort to develop a unique one for them. subsequently, they might infer that you won't give your all when performing with them.
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Reviewing the Budget
Answer the following questions.
8. Part of preparing a medical office budget is to regularly compare your practice’s actual finances with your budget. Assess the information in the table below:
a. Determine the variance for each month.
b. For each month, was the practice “Underbudget” or “Overbudget”?
Month Budget Actual Variance Underbudget or Overbudget
January 2,355,872 1,790,929 Type answer here
Type answer here
February 2,654,031 2,827,606 Type answer here
Type answer here
March 2,239,980 2,924,180 Type answer here
Type answer here
April 3,350,156 3,867,270 Type answer here
Type answer here
May 2,404,480 2,413,107 Type answer here
Type answer here
June 2,307,708 2,220,000 Type answer here
Type answer here
________________________________________
Answer:
For each month we calculate the variance by finding the difference between the Actual numbers and Budget numbers.
Then we indicate if the practice was "Overbudget" or "Underbudget".
If the actual numbers are less than the budget numbers, the budget is we say that the budget is under budget.
If the actual numbers are more than the budget numbers, the budget is we say that the budget is over budget.
Month Budget Actual Variance Under/ over
(Actual -Budget) Budget
January 23,55,872 17,90,929 -5,64,943 Under Budget
February 26,54,031 28,27,606 1,73,575 Over Budget
March 22,39,980 29,24,180 6,84,200 Over Budget
Answer:
564943
2355872-1790929
What is the immigration policy in the United States?
Immigration to the United States is based upon the following principles: the reunification of families, admitting immigrants with skills that are valuable to the U.S. economy, protecting refugees, and promoting diversity.
example of a product that has saturated its market
Automotive market can be considered an example of market saturation. ... A saturated market is the situation when the demand has been fully satisfied. The only ways to sell more on a saturated market are the following: substitution or replacement of the existing.
Final answer:
Smartphones have saturated the market in developed countries as most potential customers already own them, leading to slow growth in sales. The market concentration in this industry is high, similar to the ready-to-eat breakfast cereal market, unlike the more dispersed ice cream industry.
Explanation:
An example of a product that has saturated its market is smartphones. In many developed countries, the market penetration for smartphones is extremely high, with most adults owning one and markets like the United States seeing little room for new customers. This is an instance of market saturation where the growth in smartphone sales slows because most potential customers already have the product. Companies like Apple and Samsung hold a significant share of this market, leading to an oligopoly with high market concentration.
The concept can be further understood by comparing different industries. For example, the ready-to-eat breakfast cereal industry is highly concentrated, with firms like Kellogg's and General Mills commanding over half of the market. This contrasts with the ice cream industry, where the market is less concentrated and no single company has overwhelming control. In both cases, market structure influences how companies compete and grow.
Which savings institution has the benefit of being operated for depositors and providing profits in dividends?
A. Credit Union
B. Savings and loan
C. Commercial bank
D. Mutual savings bank
Final answer:
The institution that provides dividends to its depositors is a Credit Union, as they are member-owned, nonprofit financial organizations focused on serving their members.
Explanation:
The answer to the question regarding which savings institution operates for depositors and provides profits in dividends is A. Credit Union. Credit unions are nonprofit financial institutions that are owned and operated by their members. Unlike banks and savings and loans, credit unions return profits to their members in the form of dividends. Members typically join a credit union based on a shared community, employment, or association. Credit unions accept deposits, offer loans mainly to their members, and are known for their member-focused services. They have been increasing in total assets as compared to banks and savings and loans.
which of the following is the best way to get along with others in a diverse workplace
I would think d- show empathy, courtesy, and respect
This question is incomplete. Here is the complete question:
Which of the following is the best way to get along with others in a diverse workplace?
a. show assertiveness, courtesy, and disinterest.
b. show disorganization, diversity, and self-respect.
c. show understanding, aggressiveness, and assertiveness.
d. show empathy, courtesy, and respect.
Answer:
The correct answer is option d. show empathy, courtesy, and respect.
Explanation:
Working with a diverse group of people can be quite complicated, since each one has different points of view, different ways of working and thinking, different customs, etc.
But you can't get along or fight with them, much less if you are working and have to see them there daily. So the best way to get along with them would be to show empathy, courtesy, and respect.
These attitudes are essential to get along with different groups of people, not only at work but everywhere.
This way you will be able to work better and achieve the company's objectives.
At a busy meeting of the internatinal sprout growers, you want to make contact qith as many people as possible. Luckily ,you remember the eight minutes rule and the importance of ?
At a busy meeting of the international sprout growers, you want to make contact with as many people as possible. luckily, you remember the eight-minute rule and the importance of "spending only a brief time with each contact."
The eight minute rule is set up to enhance proficiency and profitability. In a busy meeting, where one is meeting a considerable measure of new individuals that one will get a kick out of the chance to connect with, this decide requests that one should just spend just a couple of moment with every individual.
true or false big companies usually devote entire departments to market research
Answer: True
Explanation: Big companies usually devote the entire departments to market research while launching a new product or taking a new project. The big companies are in the capacity to invest in the new and very big project. So it is very important to undertake an indepth market research for the viability of the project. The big companies devote entire department to market research which only independently handles the market research team.
true :)
crown plz? <3
to startup a small part time business assume your only cost are paying $100 for equipment and paying each employee you hire $ 20 what is the TFC
And what do you mean by TFC?
The Trilateral Frigate Cooperation?
Takes money to make money so somethings starting off that also how good are the employees in the first place? is it worth $20? why not $15 and get 2 helping hands depending on the size of your business and the payment plan for your building.
The Total Fixed Cost (TFC) for your small part-time business, given the information provided, would be $100, as this is the only cost that does not change irrespective of the number of employees.
Explanation:In a business context, TFC stands for Total Fixed Costs. These are costs that do not change with the level of output or production. In your scenario, since you mentioned $100 for equipment and no other costs that are not tied to the number of employees, we can infer that the total fixed cost for your small part-time business would be $100.
It's important to note that employee wages ($20 per employee) are not considered fixed costs, these are variable costs because they change with the number of employees you hire.
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compute the variances in dollar amount and in percentage. (Round to the nearest whole percent.) Indicate whether the variance is favorable (F) or unfavorable (U). Budgeted Income Amount $500.00 Actual Amount $400.00
Dollar Variance $
Percent Variance %
F or U
Answer:
Dollar Variance is -$100
Percent Variance is -20%
Since the actual amount received is less than the budgeted amount, the variance is unfavorable (U).
We calculate Dollar Variance as [tex]Actual Income - Budgeted Income[/tex].
[tex]Dollar Variance = 400 - 500 = -100[/tex]
Next calculate percent variance as [tex]\frac{Dollar Variance}{Budgeted Income}*100[/tex]
[tex]Percent Variance = \frac{-100}{500} * 100 = -0.20*100[/tex]
Percentage Variance = -20%.
Answer:
dollar variance: -100
percent variance: -20
U
Please post detailed answers to the following questions. Please use complete sentences.
Which aspect of the law that business owners have to know do you find most intimidating? What are some steps you could take to make it less intimidating and more accessible?
According to the most recently-available statistics, about 95 percent of pending lawsuits end in a pre-trial settlement. This means that just one in 20 personal injury cases is resolved in a court of law by a judge or jury.
Answer:
I find finance law the most intimidating of all the law categories involved with starting and running a business. The laws on tax obligations to your state and federal governments are incredibly daunting, especially because when you don't follow laws like these correctly you could be in a bad situation. In addition, I think that the antitrust laws, would be difficult to understand, as it is harder to have an exact set of rules when it is dealing with fair competition in a market, since it would be market specific, you would have to be very careful that your knowledge is correct. In order to make these laws less intimidating, I would take it one area at a time. First, when thinking about the tax laws, I would find out each area that a business has to pay tax in, and how they figure out how much they owe. When it comes to antitrust laws, I would look at some of the most common general markets, and how they regulate fair competition. Bankruptcy laws are also involved with financial laws, these are fairly simple. When a company files for bankruptcy and is declared bankrupt, they are unable to pay their creditors due to their legal condition. In other cases, a business would simply be given time to reorganize financially, and attempt to keep their business afloat.
a lack of calcium in the body wich causes the bones to be fragile and easily broken is known as?
brittle bone syndrome.
what was a result of the Mexican-American War
Answer:
The result of the Mexican- Ameriacan war was American victory Treaty of Guadalupe Hidalgo Mexican recognition of U.S. sovereignty over Texas (among other territories)
Explanation:
Which of the following is true about careers in medicine and allied health? (one point)
The salary for healthcare workers is increasing.
The demand for healthcare workers is on the rise.
The field typically does not require formal education.
The demand for healthcare workers is decreasing.
ss (2 points)
HVACR technician
machinist
physical therapist
veterinary technician
statistician
The answer is: The demand for healthcare workers is on the rise.
The increase in demand is strongly correlated with trends regarding diet and daily activities that people in united states do.
Increasing consumptions of fast food alond with the diminishing amount f physical activities due to technologies development, cause average people become much more likely to experience illness. This lead to the increasing demand of the healthcare workers.
Option (B) is correct. The demand for healthcare workers is on the rise.
Further Explanation:
Allied health professions:
Allied health professions refer to health care professionals who are engaged in activities such as dentistry, medical, nursing, and pharmacy. They provide a wide range of services such as consulting, technical, diagnostic, and therapeutic in relation to health care. They use their expertise to prevent, diagnose, and treat diseases.
Justification for the correct and incorrect option:
A.
The salary for healthcare workers is increasing: This is an incorrect option because the salary has been very decent from the beginning of this career option.
B.
The demand for healthcare workers is on the rise: This is the correct option because the increase in the pollution, the introduction of deadly diseases such as Ebola virus, cancer, AIDS requires healthcare professionals.
C.
The field typically does not require formal education: This is an incorrect option because this filed requires formal education.
D.
The demand for healthcare workers is decreasing: This is an incorrect option because the demand for the healthcare professions is increasing.
Thus, option (B) is correct. The demand for healthcare workers is on the rise.
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Answer Details:
Grade: Senior school
Chapter: Healthcare professions
Subject: Healthcare
Keywords: following, true, careers, medicine, and, allied, health, salary, for healthcare, workers, increasing, demand, healthcare, workers, rise, field, typically, require formal education, demand, for, healthcare, workers, decreasing.
The Kelly family of three has a new car and rents an apartment with nice furniture and appliances. What types of insurance should they have?
A general store in a remote community is an example of what? A. a technological monopoly B. a geographic monopoly C. a government monopoly D. a natural monopoly
A general store in a remote community is an example of a geographic monopoly.
A general store in a remote community represents a geographic monopoly because it is the only supplier of goods in that area, often due to the impracticality of competition operating in the same location.
Explanation:A general store in a remote community is an example of a geographic monopoly. This occurs when a company is the only supplier of a product or service in a certain geographic area. In the case of a remote general store, it may be the only place where residents can conveniently purchase a wide array of goods. This situation often happens in remote areas because the costs and practicalities of operating such a business deter competition.
A natural monopoly differs in that it occurs when a single firm can supply a product or service to an entire market at a lower cost than two or more firms could. For example, a utility company providing water or electricity may be considered a natural monopoly because the infrastructure costs for entry are very high, making it inefficient for multiple companies to operate. However, in the scenario of the general store, it's the lack of competition due to geographic isolation that creates the monopoly, not necessarily the economies of scale.
what are the four different types of economic resources
Answer: land, labor, capital, and entrepreneurship
Explanation:
Officer Smith often works as a drug-use prevention officer in the local public schools. He visits three schools a week, 40 weeks out of the year. How many schools does he visit in a year?
a. 100
b. 110
c. 120
d. 130
robbery suspect has been arrested. The judge in the case has set bail at one million dollars. The bail bondsman requires a 10% deposit to issue a bail bond. What portion of the one million dollars does the robbery suspect need to pay to get the bail bond?
a. $100,000
b. $10,000
c. $1,000
d. $100
He visits 120 schools in a year. Thus, the correct option is (C).
The robbery suspect needs to pay to get a bail bond of $ 100,000. Thus, the correct option is (A).
A bail bond is an agreement by a criminal defendant to appear in court or pay a predetermined amount of money.
A bail bondsman co-signs the bail bond and charges the defendant a fee in exchange for guaranteeing the payment. Bail bonds are a sort of surety bond.
Any individual, organization, or business that will serve as a surety and promise money or property as bail for the presence of a defendant in court is known as a bail bondsman, bail bond agent, or bond dealer.
Therefore, the correct options are "C", & "A".
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A voter registers a choice in an election with a _____.
A .polling place
B .provisional elector
C .punch card
D .ballot
Dolly's;best issued 200 shares of its $10 common stock in exchange for used packaging equipment with a fair market value of 2,400. The entry to record the acquisition of the equipment would include a..
A. credit to common stock for $ 2,400.
B. debit paid in capital in excess of par for $400.
c. Debit to equipment for 2,400.
D. debit to equipment for 2,000.
C. Debit to equipment for 2,400. K12:)
All of the following are benefits of being a member of a professional organization, except A. providing a wide range of continuing education units. B. publishing newsletters and magazines dealing with current issues and trends in healthcare. C. providing tuition reimbursement. D. providing certificate examinations at discounted rate.
The answer is D. providing certificate examinations at discounted rate.
The benefits of being a member of a professional organization in healthcare include continuing education units, newsletters on current issues and trends, and discounted certificate examinations.
Explanation:The correct answer is C. providing tuition reimbursement. Being a member of a professional organization in the healthcare field offers many benefits, including access to a wide range of continuing education units that help professionals stay up to date with the latest advancements in their field.
These organizations also publish newsletters and magazines that cover current issues and trends in healthcare, providing valuable insights and information. Additionally, professional organizations often offer discounted rates for certificate examinations, allowing members to save money.
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If you notice that you have stopped getting mail, you should first a. contact the police to file a report. b. call your creditors to find out where your bills are. c. wait another week before taking action, the post office may be behind. d. identify if a change of address form has been submitted in your name.
If you notice that you have stopped getting mail, you should first identify if a change of address form has been submitted in your name. no need to make a big deal if you don't even know if its been changed or not. hope that help you.
Experts recommend that you don’t wait for sales before buying an item since the item is likely to rise in price during the time you wait.
True or False
That statement is false
Sales would most likely throw up incentives for consumers. This mean that there is a good chance that consumers can obtain more value with the same amount of money. Prices could also fall down depending on the product's initial demand in the market.
When conducting a mock interview, it is not necessary to dress in interview clothing.
If it is a mock interview you should still dress in interview clothing.
Answer:
False
Explanation:
When conducting a mock interview, you should dress in interview clothing because mock is a preparatory test that enables you understand the rudiments of the main interview plan.
A market economy is regulated by the interactions between which two things? A. Goods and services B. Producers and consumers C. Product-based and service-based businesses D. Public and private sectors Please select the best answer from the choices provided
B. producers and consumers
From all the available options, the best answer to the question is (B) producers and consumers.
A market economy is defined as an economic system that runs on supply from the producers and demand from the consumers. Most of the world’s market are run based on this system. Market economies can range from totally free market to a position where government can intervene.
When tailoring a résumé, what is the first step that should take place? a. Arrange your résumé with the most relevant information first b. Match your qualifications with the employers c. Explain how your relevant content relates to the job specifics of the position in question d. Make sure to change the position and company name in the objective.
Answer: d. Make sure to change the position and company name in the objective.
Setting the job objective is the first step of any resume.
The manner in which the objective of a resume is framed conveys a lot of information to the prospective employer.
A well defined objective must use industry vocabulary, demonstrate research into the job or position that is being applied for and reflect the incumbent's abilities and interests.
Hence it is imperative to change the position and company name in the resume's objective while tailoring a resume.
Answer:
d
Explanation:
Selma deposited a paycheck for $378.42. She’ll use the check register to record her transaction. What will be her new balance? $2,257.99 $2,337.06 $3,014.83 $3,057.31
To find Selma's new balance, you need to add her paycheck of $378.42 to her current balance amount.
When money goes into the account, it reflects positively and has an increase in the funds that are now available. If money is withdrawn from the account, there is a decrease of the available funds.
Selma's new balance will be $3,014.83. To find Selma's new balance, we need to add her paycheck of $378.42 to her current balance amount. The correct option is c.
What is a paycheck?A paycheck contains the net amount of salary or wages paid to an employee. A pay stub is normally attached to a paycheck, detailing an employee’s gross pay, itemized deductions, and net pay. Paychecks may be replaced by electronic payments, such as direct deposit, that send the payment amount directly into an employee’s bank account.
Businesses usually offer a few payment methods for obtaining your paycheck. The first is simply receiving a physical paper check. Just like any other check, it can be cashed or deposited to your bank account if you have one. The other option that's also used by many employers is direct deposit.
This allows your employer to electronically transfer your paycheck directly to your bank account.
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