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1. Is the term privacy rule accurate in describing the Need more help! 1. Is the term privacy rule accurate in describing the HIPAA legislation? Why or why not? 2. Is it ethical for covered entities to be excused from getting patient permission to use their private information for routine purposes? Why or why not? 3. Based on the limited information in this article, do you think the HIPAA legislation achieves its objective of securing patient privacy? 4. How could this issue of patient privacy have been handled in a more ethical manner? On August 21, 1996, Congress enacted the Health Insurance Portability and Accountability Act (HIPAA), a piece of legislation designed to clarify exactly what rights patients have over their own medical information and to specify what procedures are needed to be in place to enforce appropriate sharing of that information within the health care community. “This law required Congress to pass legislation within 3 years to govern privacy and confidentiality related to [a patient’s] medical record. If that action did not occur, then the Department of Health and Human Services (DHHS) was to identify and publish the appropriate legislation. Because Congress did not pass required legislation, the DHHS developed and publicized a set of rules on medical record privacy and confidentiality” that required compliance from most health care providers by April 14, 2003. Students also viewed these Organizational Behavior questions Congress enacted the Health Insurance Portability and Accountability Act (HIPAA) to potentially…… Congress enacted the Health Insurance Portability and Accountability Act (HIPAA) to potentially…… … plans administered by employers who self-insure to provide all employees access to health insurance regardless of previous medical conditions. This provision is known as “guaranteed issue”… What is the goal of Health Insurance Portability and Accountability Act (HIPAA)? What is the goal of Health Insurance Portability and Accountability Act (HIPAA)? 1. The Health Insurance Portability and Accountability Act (HIPAA) places restrictions on 1. The Health Insurance Portability and Accountability Act (HIPAA) places restrictions on the employer’s right to deny or limit coverage for preexisting conditions. a. How is a preexisting condition defined under HIPAA? b. Describe the major provisions under HIPAA that deal with preexisting… Privacy rights advocates demand that organizations ask individuals for permission to sell Privacy rights advocates demand that organizations ask individuals for permission to sell personal…… … about them. Some also demand that the subjects of the information be paid for their consent. Organizations have arguedthat they cannot practically comply with these demands and that the… Do you think all entities should be required to use the same Do you think all entities should be required to use the same format for financial statements? Explain. Brad Berrett and Jim Wong are roommates in college. Berrett is an Brad Berrett and Jim Wong are roommates in college. Berrett is an accounting major, and Wong is a finance major. Both recently studied the statement of cash flows in their classes. Wong’s finance professor stated that depreciation is a major source of cash for some companies. Berrett’s accounting professor indicated in class that depreciation cannot be a source of cash because cash is not affected by the recording of depreciation. Berrett and Wong wonder which professor is correct. Explain the positions taken by both professors and indicate which viewpoint you support and why. In SQL, specify the following queries on the database in Figure 5.5 In SQL, specify the following queries on the database in Figure 5.5 using the concept of nested…… … all employees. b. Retrieve the names of all employees whose supervisor’s supervisor has ‘888665555’ for Ssn. c. Retrieve the names of employees who make at least $10,000 more than the… Vilander Carecenters Inc. provides financing and capital to the health-care industry, with Vilander Carecenters Inc. provides financing and capital to the health-care industry, with a…… 1… on your analysis in part (b), show the balance sheet presentation of the bonds and interest receivable at December 31, 2014. Assume the investments are considered long-term. Indicate where any… Weights of female cats of a certain breed are normally distributed with Weights of female cats of a certain breed are normally distributed with mean 4.1 kg and standard…… … A female cat is chosen at random. What is the probability that she weighs more than 4.5 kg? d) Six female cats are chosen at random. What is the probability that exactly one of them weighs… 1. What are the primary reasons why many employees are experiencing high 1. What are the primary reasons why many employees are experiencing high levels of stress at work nowadays? Identify and describe these reasons.2. Why do many of the survivors of layoffs experience stress? Conventional wisdom would suggest that these employees should be happy that they didn’t get laid off. Explain your answer.3. What are companies doing to decrease the stress levels of their employees? To what degree do you think that these steps will help them retain valued employees?Nowadays, it seems more and more employees are increasingly stressed at work. As discussed earlier in the chapter, high levels of intense stress can have serious consequences for individuals and their organizations. There are many possible explanations for this increase in employee stress, including a stubborn recession, intense global competition, persistently high unemployment and demanding performance work cultures. Compounding the problem is that many employees are struggling with personal and financial issues at home. When a spouse or partner loses a job or is forced to accept fewer hours or less pay by his employer, the reduction in family income is stressful. Many employees still have to pay their mortgages, subsidize living and healthcare expenses for elderly parents, pay for their children’s education, have their automobiles repaired, and so forth. Even though these personal issues occur outside of work, they still affect the employee as these stressors can spill over into the employee’s work domain. Another source of stress for employees is related to layoffs. During the most recent recession, several companies and organizations have let go of tens of thousands of employees. Although layoffs are exceptionally hard on the “victims” who are let go, there is also evidence that the “survivors” of layoffs (i.e., those employees who stay with the organization and do not get laid off) experience high levels of stress regarding all of the changes and fear over the future of their own jobs. Some layoff survivors feel guilt over seeing the firing of their coworkers and friends. Also, these surviving employees often have to absorb the work of their co-workers who are no longer with the organization. And, many survivors wonder if (and when) they’ll be “next.” Research suggests that some of these survivors may ultimately experience lower levels of commitment to and trust in their organizations, a drop in motivation and satisfaction levels, and possibly reduced work performance. Also, some survivors of layoffs may quietly initiate job searches with other organizations. Research suggests that after a layoff occurs, the percent of employees who voluntarily leave the organization can increase by 31 percent. Also, employees who engage in job searches (while in their current jobs) will be more distracted and less focused on their actual jobs. This lack of focus has serious implications for the overall effectiveness of their organizations. High-performance work cultures can also take a toll on employees’ stress levels and mental health. Within a period of about six months, three engineers who worked for the Renault plant outside of Paris, France, committed suicide. It was alleged that prior to their deaths, each of them complained about the “unreasonable workloads, high-pressure management tactics, exhaustion, and humiliating criticism in front of colleagues during performance reviews.” Performance reviews have been the source of stress for employees at other companies, as well. General Electric has stopped calling its lower performers “bottom 10s” (as in bottom 10 percent in performance rankings) and instead has begun referring to them as “less effectives.” At Goldman Sachs Group, managers were fond of setting unobtainable “stretch goals” in the past. Recently, these managers were counseled to set both achievable and stretch goals with employees. This way, employees can feel a sense of accomplishment while simultaneously being pushed to do more than they thought possible. What are organizations doing to combat stress among their employees? Many encourage their people to use employee assistance programs (EAPs) or wellness programs. Within the past year or so, there has been an increase in employee requests for financial planning, debt counseling, and legal assistance. Also, many employees are taking advantage of phone and inperson counseling services; a common request is for family and relationship counseling. In addition, experts recommend that organizations modify their cultures so as to decrease the prevalence and harmful effects of stress. For example, managers should encourage employees to share their concerns with teammates or trusted co-workers, ask for help and not keep problems inside, minimize blame when good ideas don’t pan out, and create a listening environment where minor issues are identified before they morph into major issues. To help decrease employees’ stress levels, some firms are offering their current employees additional perquisites and benefits as a way to keep them from jumping ship. For example, USAA, the financial services company based in San Antonio, Texas, helps relieve employees’ stress by offering concierge service (i.e., someone who runs chores for employees while they’re at work). Similarly, General Mills provides its employees with “personalized services” at its headquarters’ location to relieve employees of having to do a lot of chores on the weekend. The company hopes that instead, employees will rest and spend time with family. Discovery Communications of Silver Spring, Maryland, recently opened a subsidized childcare center for employees’ children. Yum! Brands (which owns KFC and Taco Bell) will follow suit and open a new childcare center at its corporate office in Irvine, California. Intel is offering its employees’ children educational scholarships in the amount of $4,000. The company hopes this and other generous benefits will help keep good employees through these stressful times. Are these prerequisites and extra benefits enough to significantly lower employees’ stress levels during these challenging economic times? Probably not, but they might just signal to surviving employees that their organizations care about them; and this in itself is a positive result that may help boost employee retention and morale. 1. Why did the FTC introduce new guidelines in 2009?2. What was 1. Why did the FTC introduce new guidelines in 2009?2. What was the nature of the complaint against Reverb Communications?3. Considering Reverb’s position in its widely distributed statement in response to the settlement of the complaint, was there an ethical transgression here?4. Given that… Do you think global businesses would be willing to subscribe to a Do you think global businesses would be willing to subscribe to a global code of conduct? Explain your answer. Determine a n and a 8 for each arithmetic sequence. a 15 Determine a n and a 8 for each arithmetic sequence. a 15 = 8, a 16 = 5 BONDS ISSUED AT FACE VALUE Ito Co. issued the following bonds: Date BONDS ISSUED AT FACE VALUE Ito Co. issued the following bonds: Date of issue and sale: ……..April 1, 20-1 Principal amount: ……….$300,000 Sale price of bonds: ………100 Denomination of bonds: ……$5,000 Life of bonds: ……….5 years Stated rate: ………..10%, payable semiannually on …………….September 30 and March 31 REQUIRED Prepare journal entries for: (a) Issuance of the bonds. (b) Interest payment on the bonds on September 30, 20-1. (c) Year-end adjustment on the bonds for 20-1. (d) Reversing entry for the beginning of 20-2. (e) Interest payments on the bonds for 20-2 (March 31 and September 30). (f) Redemption at maturity. Felicia Rashad Corporation has pretax financial income (or loss) equal to taxable Felicia Rashad Corporation has pretax financial income (or loss) equal to taxable income (or loss) from 2000 through 2008 as follows. Pretax financial income (loss) and taxable income (loss) were the same for all years since Rashad has been in business.Assume the carryback provision is employed for net operating losses. In recording the benefits of a loss carryforward, assume that it is more likely than not that the related benefits will be realized. Instructions(a) What entry (ies) for income taxes should be recorded for 2004?(b) Indicate what the income tax expense portion of the income statement for 2004 should look like. Assume all income (loss) relates to continuing operations.(c) What entry for income taxes should be recorded in 2005?(d) How should the income tax expense section of the income statement for 2005 appear?(e) What entry for income taxes should be recorded in 2008?(f) How should the income tax expense section of the income statement for 2008appear? Your division is considering two projects. Its WACC is 10%, and the Your division is considering two projects. Its WACC is 10%, and the projects’ after-tax cash flows (in millions of dollars) would be as follows: a. Calculate the projects’ NPVs, IRRs, MIRRs, regular paybacks, and discounted paybacks. b. If the two projects are independent, which project(s) should be chosen? c. If the two projects are mutually exclusive and the WACC is 10%, which project(s) should be chosen? d. Plot NPV profiles for the two projects. Identify the projects’ IRRs on the graph. e. If the WACC was 5%, would this change your recommendation if the projects were mutually exclusive? If the WACC was 15%, would this change your recommendation? Explain your answers. f. The crossover rate is 13.5252%. Explain what this rate is and how it affects the choice between mutually exclusive projects. g. Is it possible for conflicts to exist between the NPV and the IRR when independent projects are being evaluated? Explain your answer. h. Now look at the regular and discounted paybacks. Which project looks better when judged by the paybacks? i. If the payback was the only method a firm used to accept or reject projects, what payback should it choose as the cutoff point, that is, reject projects if their payouts are not below the chosen cutoff? Is your selected cutoff based on some economic criteria, or is it more or less arbitrary? Are the cutoff criteria equally arbitrary when firms use the NPV and/or the IRR as the criteria? Explain. j. Define the MIRR. What’s the difference between the IRR and the MIRR, and which generally gives a better idea of the rate of return on the investment in a project? k. Why do most academics and financial executives regard the NPV as being the single best criterion and better than the IRR? Why do companies still calculate IRRs? Parker Hi-Fi Systems, located in Wellesley, Massachusetts, a Boston suburb, assembles and Parker Hi-Fi Systems, located in Wellesley, Massachusetts, a Boston suburb, assembles and sells the very finest home theater systems. The systems are assembled with components from the best manufacturers worldwide. Although most of the components are procured from wholesalers on the east coast, some critical items, such as LCD screens, come directly from their manufacturer. For instance, the LCD screens are shipped via air from Foxy, Ltd., in Taiwan, to Boston’s Logan airport, and the top- of- the- line speakers are purchased from the world- renowned U. S. manufacturer Boss. What is the optimal order number of LCDs that should be placed in each order? What is the optimal reorder point (ROP) for LCDs? What cost savings will Parker realize if it implements an order plan based on EOQ? The Village of Seaside Pines prepared the following enterprise fund Trial Balance The Village of Seaside Pines prepared the following enterprise fund Trial Balance as of December 31, 2012, the last day of its fiscal year. The enterprise fund was established this year through a transfer from the General Fund. a. Prepare the closing entries for December 31.b. Prepare the Statement of Revenues, Expenses, and Changes in Fund Net Assets for the year ended December 31.c. Prepare the Net Asset Section of the December 31 balance sheet. (Assume that the revenue bonds were issued to acquire capital assets and there are no restrictedassets.) Related Book For Sale Business Ethics Now 3rd edition (Purchase / Rent)