5. The term used to describe medical tests and services that are not medically justified or billing for a higher priced service
   1. Primary Care
   2. Defensive Medicine
   3. Inpatient Care
   4. Fraudulent Care

6. A characteristic that is needed to be considered a hospital
   1. Is a license from the Federal Government
   2. That you provide a minimum of five specialty services
   3. Registered Nurses must supervise continuous nursing care
   4. You must have access to Public Transportation

7. One of the needed criteria that is necessary to be labeled a Critical Access hospital is
   1. It is located in a rural area
   2. It has over 100 beds
   3. It is located in an urban area
   4. It only takes Health Market Place insurance

8. The Primary Care Physician provides the following service
   1. Specialty Care
   2. Rehab Services
   3. “Gatekeeping”
   4. Tertiary Care

9. State sponsored anti-smoking programs is an example of this type of Determinant of Health
   1. Co-Payment
   2. Policy Making
   3. Individual Behavior
   4. Health Disparities

10. Which Health Market Place plan provides the best cost coverage from the Insurance Carrier
    1. Bronze
    2. Gold
    3. Silver
    4. Platinum

11. A veterans administration or military hospital is an example of
    1. A teaching hospital
    2. A Public, Federal hospital
    3. A propriety hospital
    4. A non-profit community hospital

12. Health Insurance Companies are regulated by the
    1. Federal Government
    2. American Medical Association
    3. Hospital Associations
    4. State that they serve

13. A factor in the high cost of health care in the United States is
    1. Electronic Medical Record Keeping
    2. A Multipayer system and administrative costs
    3. The Social Security Act
    4. The TriCare Medical System

14. Eating, Bathing, and Dressing are considered
    1. Activities of Daily Living
    2. A Determinant of Health
    3. Macroview Evaluations
    4. Instrumental Activities of Daily Living

***Must provide explanation for each question and graph if applicable!!!!

2. Some firms offer workers much more job security than other firms do. Assuming the jobs are otherwise similar, we would expect to see
   1. increased wages to workers in firms with more job security.
   2. decreased wages to workers in firms with more job security.
   3. no relationship between wages and job security.
   4. the direction of the relationship is ambiguous.
3. The average difference in earnings between college and HS graduates in their 30s
   1. is increased by average differences in innate ability.
   2. is decreased by differences in human capital accumulated after leaving school.
   3. would be higher if job benefits were considered.
   4. none of the above.
   5. two or more of the above are correct. (Specify which)
4. How are unemployment rates in the United States related to education?
   1. Unemployment rates are unrelated to education.
   2. Higher levels of education are associated with higher rates of unemployment.
   3. Higher levels of education are associated with lower rates of unemployment.
   4. Unemployment rates are highest for high school dropouts but are unrelated to education for anyone who has a high school degree.
   5. Unemployment rates for high school dropouts and high school graduates are roughly equal and are less than the overall unemployment rate of college graduates.
5. Which of the following is NOT a plausible result of an increase in the generosity of benefit payments received under workers’ compensation laws?
   1. The proportion of fraudulent to legitimate claims will increase.
   2. Employers will attempt to entice their workers back to work earlier.
   3. Employers will employ more lax workplace safety standards.
   4. Workers will be more likely to ignore safety standards.
   5. Employers will hire fewer workers.

Your research should also include answers to the following questions:

Analyze the purpose of Article 25 of the 1948 UDHR and the Constitution of the WHO.

In your opinion, do these two positive laws contradict the no-duty principle in the United States? Why or why not?

The term "the right to make informed health care decisions" is an important health care right of patients that have the right to make informed decisions about the direction of their care, including refusing treatment. Give your views on this statement and support your answer using relevant references.

Compare and contrast the terms "the right to make informed health care decisions" and "the right to health."

In your opinion on life or death situations, do you think individuals should be allowed to refuse treatment? Why or why not?

After answering the above questions, read the following statement:

The Emergency Medical Treatment and Active Labor Act (EMTALA) protects the rights of the poor and uninsured by stating that a hospital cannot refuse emergency treatment because of the patient's inability to pay (patient dumping). Based on this statement, answer the following questions:

Explain and analyze two key duties of hospitals under EMTALA.

What do you think would happen if a hospital administrator directed an ambulance to take a patient to another hospital because the individual is uninsured?

Explain what impact this act might have on private hospitals. How does this act impact other publicly funded programs in the state?

Use in text citations with refrences.

The following information is available for Pioneer Company:

• Sales price per unit is $110.
• November and December, sales were budgeted at 3,040 and 3,530 units, respectively.
• Variable costs are 12 percent of sales (4 percent commission, 3 percent advertising, 5 percent shipping).
• Fixed costs per month are sales salaries, $5,300; office salaries, $2,300; depreciation, $2,400; building rent, $3,700; insurance, $1,700; and utilities, $900.

Required:

Determine Pioneer's budgeted selling and administrative expenses for November and December.

Citrus Girl Company (CGC) purchases quality citrus produce from local growers and sells the produce via the Internet across the United States. To keep costs down, CGC maintains a warehouse, but no showroom or retail sales outlets. CGC has the following information for the second quarter of the year:

1. Expected monthly sales for April, May, June, and July are $260,000, $230,000, $350,000, and $130,000, respectively.
2. Cost of goods sold is 30 percent of expected sales.
3. CGC’s desired ending inventory is 40 percent of the following month’s cost of goods sold.
4. Monthly operating expenses are estimated to be:

• Salaries: $34,000
• Delivery expense: 8 percent of monthly sales
• Rent expense on the warehouse: $6,500
• Utilities: $1,300
• Insurance: $240
• Other expenses: $340

Required:

1. Compute the budgeted cost of purchases for each month in the second quarter.

2. Complete the budgeted income statement for each month in the second quarter.

For each of the following, explain the possible effects on demand and/or supply and equilibrium price and quantity of spiral bound notebooks using a correctly labeled supply and demand graph.

Assume the market for spiral bound notebooks is in equilibrium. All students in public schools need notebooks of some type when they attend classes. For each of the following, explain the possible effects on demand and/or supply and equilibrium price and quantity of spiral bound notebooks using a correctly labeled supply and demand graph with equilibrium price and quantity labeled. Under your hand-drawn graph, list the determinant of supply and/or demand that causes each shift as well as the change in price and quantity. You should have 8 graphs. The written answer should be set up under the graph as follows:

Price: Increase/Decrease (select one)
Quantity: Increase/Decrease (select one)
Determinant: One of the determinants for demand (TRIBE) or supply (ROTTEN) that causes the shift.

a) The price of natural gas, a resource used by manufacturers throughout the United States, doubles.
b) The government provides a subsidy for notebook manufacturers.
c) Your income increases and spiral bound notebooks are an inferior good.
d) The price of binders and paper, a substitute for spiral bound notebooks, decreases.
e) A new binding machine is invented that binds in half the time.
f) The price of all goods using paper is expected to double next month.
g) The government raises taxes on businesses at the same time that students receive their supply list for the new school year.
h) The price of pens and pencils falls dramatically.

Tyco International, the conglomerate whose former chief was convicted of looting the company, would pay $US50 million to settle accounting fraud charges, United States authorities said yesterday. The penalty was for an alleged $US1 billion overstatement of Tyco results between 1996 and 2002 in an accounting fraud "orchestrated at the highest levels of the company", the US Securities and Exchange Commission said. The lurid details of how former chief executive Dennis Kozlowski spent Tyco's money -on a $US2 million birthday party for his wife in Sardinia and a $US6000 shower curtain for his $US18 million Manhattan apartment, for instance - came to symbolise corporate excess during a time of scandals. Kozlowski was sentenced for stealing more than $US150 million from Tyco in a case that also led to the conviction of former chief financial officer Mark Swartz. The Bermuda-based Tyco said the $US50 million SEC settlement, the cost of which it had previously reported, closed the agency's probe of its former officials' accounting

practices. Tyco neither admitted nor denied wrongdoing, as is customary in SEC settlements. The SEC said Tyco inflated profit by at least $US500 million through improper accounting of some of the acquisitions it made from 1996 to 2002. Required: a. In this Tyco’s case highest level of company executives were involved in criminal activities and stole from the company. Suggest steps & guidelines to prevent unacceptable practices. b. Do you think management of company has an ethical and moral responsibility towards shareholders? Comment briefly.

Black Manufacturing Inc. produces control valves used in the production of oil field equipment. The control valves are sold to various gas and oil engineering companies throughout the United States. Projected sales in units for the coming year are as follows:

The following data pertain to production policies and manufacturing specifications followed by Black:

1. Revenue collections are estimated to be 30% in the month of the sale, 60% in the month following the sale, 10% in the second month after the sale.
2. The desired ending inventory for each month is 70% of the next month’s sales. Finished goods beginning inventory is consistent with this policy.
3. The data on materials used are as follows:

Inventory policy dictates that sufficient materials be on hand at the beginning of the month to produce 50% of the next month’s estimated production. Raw materials inventory is consistent with this policy.

1. The direct labor used per unit of output is two hours at an expected cost of $15.00 per hour.
2. The unit selling price is $90.00 per valve.

REQUIRED:  Prepare a monthly operating budget for the May with the following schedules:

1. Revenue Budget, including Collections, and Accounts Receivable
2. Production Budget
3. Direct Materials Purchases Budget
4. Direct Labor Budget

(TCO B) The following is a portion of a qualified audit report issued for a private company. To the shareholders of Tamarak Corporation, We have audited the accompanying balance sheet of Tamarak Corporation as of October 31, 2009 and the related statements of income, retained earnings, and cash flows for the past year. These financial statements are the responsibility of the company's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. The company has included in property and debt in the accompanying balance sheet certain lease obligations that, in our opinion, should be expensed in order to conform with generally accepted accounting principles. If these lease obligations were capitalized, property would be decreased by $4,000,000, long-term debt by $2,000,000, and retained earnings by $180,000 as of October 31, 2009, and net income and earnings per share would be decreased by $180,000 and $0.62, respectively, for the past year. Required: Complete the above qualified audit report by preparing the opinion paragraph. Do not date or sign the report.

Children's height as a function of their age has been researched so extensively that we can consider known results to describe the relationship for all children in the United States. For instance, between the ages of 13 and 15, population mean height for teenage males (in inches) satisfies

μ_y = 22 + 3x,  where x is age in years. Spread about the line is 3.1 inches.

1.  Notice that the slope of the regression line for the population is β₁ = 3. If we were to take repeated random samples of 25 males between the ages of 13 and 15 and regress their heights on their ages, then the slopes b₁ would vary from sample to sample. At what slope value would their distribution be centered? (Answer as a whole number.)

2. On average, how much shorter do you predict a 13-year-old to be compared to a 15-year-old? (Answer as a whole number.)

3. The linear regression model does a good job of summarizing the relationship between height and age for males in a particular age range, such as between 13 and 15 years old. Which two conditions would not be met if we attempted to perform inference about the height/age relationship based on a random sample of 250 males all the way from newborn to 25 years old?

a. Scatterplot should appear linear.

b. Sample size should be large enough to offset non-normality in responses.

c. Spread of responses should appear fairly constant over the range of explanatory values.

d. Explanatory/response values should constitute a random sample of independent pairs.