Managerial Accounting Case study - Group 7

You are the HIM manager for Happy Medical facility. In your monitoring of the facility’s compliance activities, you realize that your organization has a problem with denials for documentation. Your staff has reviewed the health records as well as the denials letters. The top four problems identified were the following: • History and physicals (H&Ps) do not meet medical staff bylaws for time of completion and content . • Discharge summaries do not meet Joint Commission, Centers for Medicare and Medicaid guidelines for documentation, and medical staff regulations for completion and content. • Progress notes are very brief and do not adequately describe the patient’s improvement or lack thereof. • The diagnoses do not provide specificity. Now that the problems have been identified, recommend steps to improve documentation for reimbursement issues.

CVP Analysis; Commissions; Ethics Lionel Corporation manufactures pharmaceutical products sold through a network of sales agents in the United States and Canada. The agents are currently paid an 18% commission on sales; that percentage was used when Lionel prepared the following budgeted income statement for the fiscal year ending June 30, 2019: Lionel Corporation Budgeted Income Statement For the Year Ending June 30, 2019 ($000 omitted) Sales $28,500 Cost of goods sold Variable $12,825 Fixed 3,500  16,325  Gross profit  $12,175  Selling and administrative costs Commissions $ 5,130 Fixed advertising cost 800  Fixed administrative cost  2,150  8,080  Operating income $ 4,095 Fixed interest cost 705 Income before income taxes $ 3,390 Income taxes (30%) 1,017 Net income $ 2,373 Since the completion of the income statement, Lionel has learned that its sales agents are requiring a 5% increase in their commission rate (to 23%) for the upcoming year. As a result, Lionel’s president has…

Requirements Read the Koss Corporation Case Study Download Koss Corporation Case Study.  Answer the following questions (below). Questions  Using the Gleim Review reading, specifically study unit 1.4 on Corporate Responsibility for Ethical Behavior, answer the following: What were some of the factors that led to the fraud within the Koss Corporation? How could adopting, using, and teaching a Code of Conduct help the culture of this company? Discuss how understanding of the IMA's Statement on Management Accounting "Values and Ethics", could have helped prevent this situation. What are the responsibilities of the following entities in this case? American Express Park Bank Sue Sachdeva Michael Koss Julie Mulvaney

OPM 301 Case 5 (HAND-Written, Individual submission) CASE 5A: Using Drones as SCM logistic channel Using drones to drop off packages could be great for buyers who might want to get certain items as fast as humanly possible. Back in 2013, when Amazon revealed plans to begin delivering packages via flying drones through Prime Air, some seemed skeptical about the reality of deploying such a system. Recently, Amazon doubled down on those claims by releasing information on one of its new drones in action, and it is seriously impressive. A new video presented by former Top Gear host Jeremy Clarkson (who is working on a show for Amazon) takes us through the entire process, from ordering, to warehouse launch, to delivery. The new drone looks a lot different from the one Amazon showed us a couple of years ago. This one has a more commercial and streamlined look, and instead of showing the package hanging in open air, the new drone hides the item in a square compartment. Just Google "Amazon…

Mr Brian James is the new leader of a production team that manufactures furniture. Part of the manufacturing process includes gluing and nailing the components that make up the frame of furniture pieces. Richard Marks, a member of the team, learned of a new type of wood adhesive. Richard conducted tests with the new adhesive and determined that it formed a stronger bond than the glue currently being used. Further, he obtained cost data which indicated that the new adhesive alone would produce a stronger bond than the old process of gluing and nailing. Richard suggested a change in adhesives to Mr James who then sold the idea to top management. Mr James never told management that it was Richard's idea. He took all the credit for the process improvement and was even awarded a cash bonus. It should be noted that part of the culture of the finn is one that prides itself in ensuring that the highest standards of ethical behaviour are practised throughout the company. Mrs Albenha, the…

objectively report on the considered use of Balanced Scorecards on their projects for a well-established, fictitious, medium-sized Tier 1 supplier for Ford Motor Corporation who has recently established a Project Management Office and should include A. Concerns/Issues from a business and project management perspective – what problems might occur if this supplier to Ford Motor Company implements Balanced Scorecards on all of their projects? B. Your recommendation for the supplier – should they implement Balanced Scorecards? Why or why not?

Home Page - JagApp Week 13 - Homework #8 (100 points) i × 110 M Question 3 - Week 13 - Homework #8 (100 points) - Connect ezto.mheducation.com Saved b Success Confirmation of Question Submission | bartleby Please show work/give explanation | Chegg.com Help Save & Exit Submit 3 10 points The following account balances appear in the 2024 adjusted trial balance of Blue Devils Corporation: Cash, $5,000; Accounts Receivable, $9,000; Supplies, $19,000; Land, $75,000; Accounts Payable, $26,000; Salaries Payable, $16,000; Common Stock, $60,000; and Retained Earnings, Prepare the December 31, 2024, classified balance sheet including the correct balance for retained earnings. eBook Assets Print Current assets: References Mc Graw Hill BLUE DEVILS CORPORATION Balance Sheet December 31, 2024 Liabilities Current liabilities: Total current assets Long-term assets: Total current liabilities Stockholders' Equity Total assets Total stockholders' equity Total liabilities and stockholders' equity Check…

Decision regarding the risk that is taken in the senior management orders when closing positions in investment portfolios to guarantee profitability for its clients, after an announcement from the FED that indicates that the possibility of losses in stock titles in the capital market has increased . Select one: a.Mitigation. b.Acceptance. c.Transfer. d.Control.

6)Hamza wants his brother Salim to help him in choosing the correct answers during an online exam. Salim is confused whether it is right or not right to help his brother during the exam. Which category of ethical dilemma the above situation represents? a. Employee safety issue b. Human resource issues c. Use of corporate resource d. Personal ethical dilemma

с Grand Canyon University | Privat X Student Portal | Main Topic 1 - Decision Analysis - Homew Problem 4-25 eBook EVPI: $ Decision Alternative Manufacture, di Purchase, de https://v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker&takeAssignmentSessionLocator=&inprogress=false P(F)- State of Nature Low Demand Medium Demand High Demand 51 -20 10 X The Gorman Manufacturing Company must decide whether to manufacture a component part at its Milan, Michigan, plant or purchase the component part from a supplier. The resulting profit is dependent upon the demand for the product. The following payoff table shows the projected profit (in thousands of dollars): 52 40 45 BUS-660 Topic 1 DQ 1 53 100 70 The state-of-nature probabilities are P(S1) 0.35, P(S2) 0.35, and P(s) - 0.30. a. Use a decision tree to recommend a decision. Recommended decision: Purchase component b. Use EVPI to determine whether Gorman should attempt to obtain a better estimate of demand. d. What is Gorman's…

Teixeira, Thales S. (2019) "Case Study: Sell Direct-to-Consumer or Through Amazon?" Harvard Business Review, 140-145. You'll need to write a response to the case that covers the following areas. [Please note, that there are questions printed on the case. You may disregard those.] Your response should be in the form of a well constructed argument. Make sure that you are making your point clearly and concisely. The response should follow the following format: 1. Start with a statement of the problem facing PedalSpark. (You might find it helpful to think of it this way: Assume that PedalSpark hired you as a consultant to help them make a decision. What decision are they trying to make?) 2. Next you'll want to outline the alternative courses of action that PedalSpark could take. You need to have at least two alternative courses of action that PedalSpark could take and you'll want to discuss the advantages and disadvantages of each course of action. Make sure that as you are discussing…

Manage Your Health, Inc. (MYH) is a Fortune 500 company that provides a variety of healthcare services across the globe. MYH has more than 20,000 full-time employees and more than 5,000 part-time employees. MYH recently updated its strategic plan; key goals include reducing internal costs, increasing cross-selling of products, and exploiting new Web-based technologies to help employees, customers, and suppliers work together to improve the development and delivery of healthcare products and services. Below are some ideas the IT department has developed for supporting these strategic goals: 1. Recreation and Wellness Intranet Project: Provide an application on the current intranet to help employees improve their health. A recent study found that MYH, Inc. pays 20 percent more than the industry average for employee healthcare premiums, primarily due to the poor health of its employees. You believe that this application will help improve employee health within one year of its rollout so…

Case 1: The CARE Corporation uses an IBM mainframe computer system with peripheral optical reader and high-speed laser printer equipment. Transaction information is initially recorded on paper documents and then read by optical equipment that produces a magnetic disk containing the data. These data file disks are processed by a computer program, and printed listings, journals, and general ledger balances are produced on the high-speed printer equipment. Required: Explain how the audit standard requiring “adequate technical training and proficiency” is complied with the audit of CARE Corporation’s financial statements.     Case 2 Increasing use of sophisticated EDP systems has produced significant changes in the accounting environment. Some of these changes are the following: documents that are used to enter information into the computer may exist for only a short time or only in computer-readable form. In some computer systems, input documents may not exist at all, because information…

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Hoperates a manufacturing plant and carries a Business Income Form. This policy would cover: OA loss of earnings as the result of a recession loss of earnings as a result of fire damage to the building loss of earnings as a result of a discontinued product line employees loss of earnings due to a strike OD.

25  Rules, policy and procedures are examples of  A) programmed decisions B) nonprogrammed decisions C)unstructured problems D) structured problems E) none of the above

George, a broker, is the subject of an investigation by the DBPR. There is a formal hearing. Who presides over that hearing? the complaint analyst the probable-cause panel an administrative law judge (ALJ) a member of FREC

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SLO 9.2. Expediting: May be caused by the buyer or the supplierIs caused by buyer behavior onlyIs caused by supplier behavior onlyMay be the result of legal noncomplianceIs a routine order tracking process SLO 10.1. Radio frequency identification (RFID) will: Eliminate bar coding and manual countingEliminate further investment in information technologySupplement bar coding to reduce theftBe more cost effective to implement than bar codingImprove data capture but slow down inventory picking

CASE STUDY 4: JOSE'S AUTHENTIC MEXICAN RESTAURANT "Two bean tacos, a chicken burrito grande, and a side order of Spanish rice, please". Ivan Karetski called his table's order into the kitchen as he prepared the beverage orders. Business was brisk. Karetski liked it that way. Lots of customers meant lots of tips and, as a struggling graduate student, the extra income was greatly appreciated. Lately, however, his tips had been declining. Jose is a small, 58-seat restaurant that offers a reasonably broad range of Mexican food prepared and presented in a traditional Mexican style. It is located in New England in a nature business district on the edge of a large metropolitan area. The site is adjacent to a central artery and offers limited free off-street parking. The restaurant's interior decoration promotes the Mexican theme: The walls appear to be made of adobe and are draped with serapes, the furniture is Spanish- Mexican style, and flamenco guitar and mariachi alternate as background…

Analyze the case presented below and answer the questions. John has recently joined an organization after being jobless for almost a year and suffering from severe financial crisis. This organization won the contract for the design of the brakes for the NAVY A-7 Air Craft with an innovative four rotor brake design. John was responsible for testing the brake design. Testing, however showed that this design has not met the specifications mentioned in the contract. John informed his supervisor but he was reluctant to put more effort because the deadline is already over and company promised to get him promoted after successfully launching the design. So, the supervisor pretended that the design is in accordance with the Government standards and launched the design without considering dangers attached to it. He is torn between his social obligation and his loyalty to his supervisor. Also, he fears of losing a job, which he desperately needs to support his family. a) Should he ignore the…

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The purpose of a(n) is to prevent the leak of valuable information to other competitors. * Non-disclosureagreement Employment agreement Ownership agreement Compete agreement.

ABC Cleaning has produced a safe new product that when sprayed on clothes effectively repels dirt, so that garments need never be washed or dry cleaned. If it sold the product and the product were widely used, no one would need ABC Cleaning’s services. Consequently, ABC Cleaning’s management decides not to market the product and sets out to destroy any information about it. Question: Is management ethically justified in doing so?   (Note that while this scenario may seem far-fetched, it is not the only suppressed technology. Google suppressed technologies to see what other inventions may have been suppressed by big business or government intervention.)

Richard has a specialist car dealership. He buys old cars, refurbishes them and then sells them. He also hires out cars. Richard is restoring an old jeep. It requires a special type of shock-absorber to enable it to travel over rough ground. Richard phones Shocks Are Us. He says to Emma, the manager: "I need four shock absorbers which can be used for off-road driving" Emma consults a brochure published by the shock absorber manufacturer and "Says the D200 shock absorber can be used for off-road driving.". Richard then agrees to buy four D200 shock absorbers for $ 120 each. When he installs them on the jeep and takes it for a test drive over rough country, the shock absorbers give way and the jeep crashes down, causing $ 2 000 worth of damage to its body. It turns out that when Emma gave Richard the information over the phone, she had been looking at the wrong page of the brochure. Had she looked at the correct page, she would have seen that the D200 is not suitable for off-road…

Firm’s mission statement can improve and hurt the performance of a firm. Explain the reasons for such argument.

4. Thainess Co., a mid-size firm, has set up its ERM framework and wants to assess whether its ERM components are working properly. To do this, what are some of the ways to judge "effective" ERM? a. Use the corporate scorecard results as an indicator of the effectiveness of ERM b. Assess whether risks have been controlled across COSO ERM Framework components with reasonable assurance that risk management will allow the firm's objectives to be achieved c. Assess ERM effectiveness by using the results of the financial auditor's report d. Review the firm's operational objectives and determine if each of them has been met   6. What would be the appropriate consolidation of reports by CAE? a. Significant events should be reported immediately, periodic written reports should cover key risk indicators on a scheduled basis, and the ERM plan should be reported during periodic presentations b. Risk owners should report every risk event timely, and the CAE is responsible for ensuring…

Q5b) Please provide detail write up for the following business law question   Dudu has purchased some wooden utensils from Lodo. However, he discovers some crackson the utensils after few days of usage. Advise Dudu as to whether he is entitled to anyrefund from Lodo.

THE PRISON SERVICE The prison service provides an excellent example of the complexity of stakeholder requirements, to some extent reflecting the mixed task it faces.  Society requires the service to carry out potentially conflicting activities:  ● to ensure that ‘dangerous criminals’ are locked up for the safety of society  ● to provide a regime that will punish wrongdoers as a means of payment for their crimes  ● to support inmates, providing counselling and training to rehabilitate and reform them, to reduce the likelihood of re- offending.  The principal stakeholders and their requirements are as follows:  ● Government ministers with responsibility for the prison service will be concerned to fulfil manifesto promises while meeting spending targets. At the same time they will be concerned about stories of prisoner escapes or drug abuse that may be damaging to their personal reputation, possibly forcing their resignation.  ● Prison governors will seek to provide an appropriate…