manipulated. 2. Financial accounting data has some inherent limitations. Which of the following are limitations? I. Not all economic events are easily quantifiable. II. Many accounting entries rely heavily on estimates. III. Historical cost can distort statements. IV. Inflation can distort accounting data. A. I‚ II and III B. I‚ III and IV C. II‚ III and IV D. I‚ II‚ III and IV 3. Which of the following are examples of judgments made in the accounting reporting process? I. Useful
Premium Generally Accepted Accounting Principles
the phrases “accounting standards” and “financial reporting” refer to. Accounting standards refer to the accounting methods used in an accounting system like the IFRS. Financial reporting refers to the representation of financial information‚ in order to be uniform the financial reporting must be based on a fixed set of rules‚ invole complete objectivity and no bias. The IFRS (International financial reporting standards) has indeed helped the uniformity of financial reporting. However‚ in some cases
Premium Balance sheet Generally Accepted Accounting Principles Financial statements
her next of kin. Due to the severity of her wounds‚ the physician chose to begin medical procedures. 1. Define “standard of care.” How would appropriate “standard of care” be determined in this case? Standard of care is a diagnostic and treatment process that a clinician should follow for a certain type of patient‚ illness‚ or clinical circumstances. The appropriate standard of care to this patient would be to treat Sandra as in any other patient would be treated for a head injury. Medical staff
Premium Hospital Patient Good Samaritan law
Emerging Standards of Care Paper Amanda Warbington University of Phoenix NUR 531 June 30‚ 2014 Instructor Hilda Brito Emerging Standards of Care Paper Over fifty years ago‚ Madeline Leininger was on a mission to advance the practice of transcultural nursing. Times have definitely changed in the last fifty years‚ and transcultural nursing has become a major focus for the government as well as many nursing organizations. Emerging standards of care regarding culturally competent care‚ is an important
Premium Nursing Health care Culture
FINANCIAL ANALYSIS & REPORTING Accounting‚ Law‚ Finance & Economics Department EDHEC M1FE ANNÉE SCOLAIRE / ACADEMIC YEAR 2012-2013 Intervenant/Lecturer: Amandine GERARD 1 Financial Analysis & Reporting Part II : Ratio analysis and valuation methods following 2 Course Outline I. 1. 2. Ratios analysis Profitability analysis Risk analysis II. 1. 2. Peers Valuation Method Firm value multiples Equity multiples III. 1. 2. Value creation method Value based management
Premium Financial ratios Financial ratio Free cash flow
Financial Ratios and Health Care Organizations Monique Thomas MHA 612 Financial and Managerial Accounting Instructor Stacy Hiles September 10‚ 2012 Financial Ratios and Healthcare Organizations Health systems routinely compare their financial results to those of a peer group of healthy competitors. Although managers of most organizations strive to achieve the outcomes of comparable healthy competitors‚ it is equally important to examine those of unhealthy competitors. By doing so‚ managers
Premium Health care Finance Investment
Generally‚ the purpose of the ethics committee in health care is to deliberate and rectify complicated and unusual matters involving issues that affect the care‚ and treatment of patients within the health care institution (Morrison‚ 2014). Members of the ethics committee should be chosen on the elements of their concern for the welfare of the sick and interest matters‚ and their reputation in the community and among their peers for integrity and mature judgment. Ideally‚ the purpose of the ethics
Premium Health care Health care provider Patient
After researching a few reasons why health care is rising‚ it all came down to the industry exploring new medical technologies. It occurred to me that this should be a good thing because better technology means more people can be treated with better care. However‚ an increase in medical technology will become more expensive. It can tend to cost more than older versions of treatment. Nevertheless‚ the total cost is still a function of the amount of people that are receiving treatment for a condition
Premium Health care Medicine Illness
Rivera-Torres 1 Rafael A. Rivera-Torres ACCT 301.001 Mr. J. Eason March 6‚ 2014 Financial Reporting Research A. What were the cash and cash equivalents reported by Coca-Cola and PepsiCo at the end of 2011? What does each company classify as cash equivalents? 1. The only cash/cash equivalents Coca-Cola reported was their Operating Cash. The Company reported $9‚474(in millions) as Cash in their Selected Financial Data‚ Year Ended Dec. 31‚ 2011. 2. PepsiCo reported investments with original maturities
Premium Balance sheet Accounts receivable Coca-Cola
investor with a risk aversion of A = 3 should invest entirely in a risky portfolio with a standard deviation of 24% only if the risky portfolio’s expected return is at at least ______. Answer: 3 = (E[rQ] - .04)/(.242) => E[rQ] = (.242) x 3 + .04 = 21.28% 3. You invest $10‚000 in a complete portfolio. The complete portfolio is composed of a risky asset with an expected rate of return of 15% and a standard deviation of 21% and a Treasury bill with a rate of return of 5%. a. How much money
Premium Investment Rate of return Arithmetic mean