The BIR need to assess a taxpayer for payment of taxes Group of answer choices True False
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- Somet Health Insurance Company wants to sell a health insurance product for $700 permonth. There is no requirement for healthy people to have insurance coverage. Thecompany conducts a survey to see how different populations respond to the proposed cost.People with no illnesses and disabilities, generally the young and healthy, respond that theydo not spend $700 on healthcare in an entire year, and most feel they would not waste somuch money on premiums when the chance of needing surgery or expensive healthcaretreatments is so small. However, older, sicker people think that $700 per month is a greatdeal, as most of them spend far in excess of this amount on healthcare. It seems like agreat deal for them. What will happen to the costs of the health insurance if only the older, sicker peopleenroll?The first step in financial planning is: 1-historical trending 2- creating a new cycle 3-reviewing current payment 4-reviewign current claimsIn most reported fraud cases, fraudsters exhibit one or more behavioral red flags. Which of the following is NOT one of these behavioral red flags? OA financial difficulties B. unusually close associations with vendors OC. living within one's means O D. unusually close associations with customers
- Explain different approaches to lot traceability. Why is lot traceability important for most organizations?ADVERSE SELECTIONSomet Health Insurance Company wants to sell a health insurance product for $700 permonth. There is no requirement for healthy people to have insurance coverage. Thecompany conducts a survey to see how different populations respond to the proposed cost.People with no illnesses and disabilities, generally the young and healthy, respond that theydo not spend $700 on healthcare in an entire year, and most feel they would not waste somuch money on premiums when the chance of needing surgery or expensive healthcaretreatments is so small. However, older, sicker people think that $700 per month is a greatdeal, as most of them spend far in excess of this amount on healthcare. It seems like agreat deal for them.1. If the company offers this product, how will adverse selection affect it?You work for a company that manufactures large appliances, like refrigerators andstoves. In an effort to move your product, you offer a hundred dollars to any retailsalesperson who can sell 10 of your appliances in a week. This is an example ofa/an A.sweepstakes. B.slotting fee. C.allowance. D.incentive.
- 9) Donating to charity, investing in your retirement plan at work, and paying the interest on your home mortgage are types of tax _____. Select an answer: credits expenses deductions paymentsMia is comparing income statements from the previous three years in order to assess changes and trends in the company's revenue. What type of business analysis is being performed by Mia? Select one: a. Information management b. Sales c. Production d. FinancialSubject accounting information system.. answer in long explain 4. What are the characteristics of good or useful information? 5. What are the levels of data hierarchy ? 6. Distinguish the roles of internal and external auditors 7. Distinguish between the centralized and distributed approaches to organizing the IT function.
- Give atleast 2 importance of conducting a strategic auditWhat are Direct Relief organization’s current fundraising campaigns, grant possibilities, and planned giving opportunities and their impact on the overall budget.Which of the following ratios is INCORRECTLY defined? Seleccione una: a. TIE= EBIT/InterestExpense b. ROE=NetIncome/Equity c. Sales Growth=Sales-PreviousSales/PreviousSales d. Days Inventory= Inventory/AverageDailyCostOfGoodsSold e. ROA=(NetIncome+InterestExpense)/Assets