—Conceptual 21.Which of the following is not considered cash for financial reporting purposes? a.Petty cash funds and change funds b.Money orders‚ certified checks‚ and personal checks c.Coin‚ currency‚ and available funds d.Postdated checks and I.O.U. ’s 22.Which of the following is considered cash? a.Certificates of deposit (CDs) b.Money market checking accounts c.Money market savings certificates d.Postdated checks 23.Travel advances should be reported as a.supplies. b.cash because
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Medical Errors Medical errors are responsible for injury in as many as 1 out of every 25 hospital patients; an estimated 48‚000-98‚000 patients die from medical errors each year. This means that more people die from medical errors than from motor vehicle accidents‚ breast cancer‚ or AIDS. Errors in health care have been estimated to cost more than $5 million per year in a large teaching hospital‚ and preventable health care-related cost the economy from $17 to $29 billion each year. What are
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In Meghan Daum’s article “Using privilege as a weapon”‚ she tactically begins with insults thrown at her before. She says these insults in a brief and concise way. Furthermore‚ she makes being “an ugly hobbit” or “whore” not have much importance. Daum’s sincere response lets her audience know that she experiences“not-so-nice” insults in the past. Even so‚ insults do not define her nor matter to her. Daum’s main point for resurrecting past insults are not for comedic value‚ but for a bigger issue
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Random Error There were many sources of random errors that could be a factor involved in the variation of the group’s results. Randoms errors are human errors‚ they can affect the results gathered and contribute to reading errors and flaws within human reflexes. · Size of the liver cubes: As the liver cubes needed to be cut by each individual group‚ the sizes between the groups may have varied. The required size for the lamb liver cubes was 1cm3 ‚ however the task of cutting the liver into all
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achieving future cash flows. Limitations * Companies omit items that cannot be measured reliably. * Income is affected by the accounting methods employed. * Income measurement involves judgment. Earnings Quality Companies have incentives to manage income to
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Correcting Error Reporting Systems HA 255-01 April 5‚ 2011 2 A sophisticated continuous quality improvement process should involve the clinical employees as well as the senior medical staff. “Leading an organization refers to an individual’s ability to galvanize resources and motivate employees to work collectively to further organizational goals‚ which goes beyond simply controlling day-to-day operations.” (O’Connor‚ 2009) Continuous quality improvement cannot function properly
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costs Labor costs of assembly-line workers $110‚000 – Direct labor Sales commissions $35‚000 – Period costs Factory supplies used $13‚000 – Direct materials Salaries paid to sales clerks $50‚000 – Period costs (b) Explain the basic difference in accounting for product costs and period costs. Product costs are manufacturing costs‚ direct components‚ direct labor and manufacturing overhead‚ do not become expenditures until the company sells inventory. Period costs are non-manufacturing costs‚ including
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How Accounting Information Systems has Improved Payroll Accounting Abstract Payroll accounting has been greatly improved with the invention of accounting information systems (AIS). The process of payroll is a complicated one that involves many steps. From updating the employee information to printing the checks‚ almost all areas have been improved with the help of AIS. There are many things to keep track of when processing payroll from beginning to end. Many larger companies have turned to outsourcing
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Prevalence of Medical Errors Medical errors are currently the 3rd leading cause of death in the United States. These errors happen around us everyday even when we may not notice‚ which has made medical errors the silent killer in medicine. In todays society we must use manpower and our resources to deliver safer care as well as lead with accountability and help our providers to become more engaged. Every healthcare professional should listen to their patients and document care like we would want
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medication error is any avoidable event that may cause or lead to untimely medication use or patient harm; however‚ while the medication is still in control of the health care administer (Brock‚ 2006). 80 percent of the most severe medical errors can be interrelated communication between clinicians‚ primarily in handoffs. For example‚ a handoff is a medical error if information regarding an essential diagnostic test is not communicated carefully and properly between providers at shift change (Starme
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