2.) The primary distinction between prospective and retrospective payments is that prospective payment is when payer dictates what is necessary for each patient and at what cost these procedures will be reimbursed under. In contrast‚ retrospective payments are just same as or "fee-for-service" compensations that maximize the freedom of patients and providers to decide what procedures are best for each individual. Consequently‚ the main different between both is that one has a freedom of choice‚ while
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Without education‚ can we survive in this world? Before I begin my comment‚ for me‚ the term “education” means to graduate from university. Similarly‚ to survive in this world is to get a job and earn enough money for you and your family. In my point of view‚ I think human being is unable to live properly in this modern world without education. It is a productive and beneficial factor in a person’s life that everyone’s right to get. The training of a human mind is not completed without education
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Enron Essay Enron was a company that was founded in 1985‚ who started Enron was Kenny Lay. Enron first started with natural gas pipelines company from the merge with Houston Natural Gas. In 1999 Eron expanded in different fields like‚ financial division and the website that allowed the traders to trade stocks of the company. The persons who help Kenny Lay with the fraud in Enron where‚ Jeff Skilling who was the CEO of Enron‚ Andy Fastow who was the CFO and Official Financial. Fastow cook the
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Part I - 3 actions I believe to always be morally wrong: 1) Stealing 2) Adultery 3) Violence Part II - 3 actions I believe to always be morally right: 1) Loyalty 2) Equality 3) Compassion Part III - Explanation The three actions I consider to always be morally wrong are stealing‚ adultery and violence. Firstly‚ stealing is a form of hindering someone else’s well being and wealth fare. You may be stealing for good but what about the person you are stealing from? For example‚ Aladdin
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extracted mainly from two major novels titled “What went wrong at Enron” by Fusaro P.C. and Miller R.M. and “The unshredded truth from an Enron insider” by Brian Cruver. The Vision Called Enron The history of Enron goes back to the 1920’s‚ when a pair of Houston pipeline companies was incorporated to carry gas along the coast of the Gulf of Mexico. In 1956 these companies merged under the name of Houston natural Gas (HNG). While these companies were working along the coast‚ another company was
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Case Study One: Enron Corporation Richa Chopra Kaplan University Case Study One: Enron Corporation The Enron debacle created what one public official reported was a "crisis of confidence" on the part of the public in the accounting profession. Lists the parties who you believe are most responsible for the crisis. Briefly justify each of your choices. Enron proves to be a classic example of all that glitters is not gold. In 2001‚ Enron was hailed as America’s most innovative company and its
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Evaluate the auditor’s role in the certification of the financial statements and conclude whether its work is effective in preventing major scandals on the lines of Enron and Worldcom. 1.0 ABSTRACT 2.0 ENRON-CORPORATE FIASCOS 3.0 HOW DID THE AUDITORS FAIL TO CATCH PROBLEMS AT ENRON? 4.0 HOW TO PREVENT RECURRENCE OF ENRON? 5.0 NEW RESPONSIBILITIES OF AUDITORS ACCORDING TO SARBANES-OXLEY ACT 2002 6.0 CONCLUSION 7.0 REFERENCES 1.0 ABSTRACT The responsibility of an auditor is to express
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Commercial document issued by a seller to a buyer‚ relating to a sale transaction and indicating the products‚ quantity and agreed prices for products or services the seller has provided the buyer Used when a customer would like to know the details of their purchase and what they are paying for Sent by the buyer to the supplier Used for the demand of payment For example you order a phone online‚ you get a paper with it that shows what you order‚ the order number‚ how many you ordered‚ how much it cost
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Abstract Enron became one of the largest natural gas and energy trading companies in the world. During the 90 ’s Enron was considered as an innovative company within the global business market. Enron was known for its unique innovative technologies and distinctive approach to trading in the world of e-commerce. On December 2‚ 2001‚ Enron announced the biggest bankruptcy in history and when many people hear the word‚ Enron they associate it with the one of the most important accounting scandals
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You are carrying your severely injured fiancé while trying to get out of a burning and collapsing building. You know that time is limited and only a few minutes remain before the building will be completely destroyed. All of a sudden‚ you hear cries for help from a room that is blocked by fallen debris. Through a slit of the cracks‚ you see an injured man shielding a baby and a young girl (who you assume is his). When you look at the man’s face you recognize him as the man who you strongly believe
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