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2023 Wellcare ACT Mastery Exam (A+ GRADED)
True correct answers Centene requires all contracted brokers/agents to read, understand, and agree to Centene's Business Ethics and Code of Conduct Policy. 
 
True 
False 
 
d. 
All of the above correct answers Which of the following actions are you required to do when contacted regarding an allegation of noncompliant activity? 
 
a. 
Speak with the investigator as quickly as possible. 
b. 
Answer all questions honestly and completely. 
c. 
Offer information and documents important to the inves...
- Exam (elaborations)
- • 7 pages •
True correct answers Centene requires all contracted brokers/agents to read, understand, and agree to Centene's Business Ethics and Code of Conduct Policy. 
 
True 
False 
 
d. 
All of the above correct answers Which of the following actions are you required to do when contacted regarding an allegation of noncompliant activity? 
 
a. 
Speak with the investigator as quickly as possible. 
b. 
Answer all questions honestly and completely. 
c. 
Offer information and documents important to the inves...
Wellcare 2024 (100% verified answers)
Which is an example of a top beneficiary complaint that affects Star Ratings? correct answers The beneficiary did not understand that enrolling in a Wellcare plan would change their current Medicare Advantage plan 
 
An SEP is a period outside of the ICEP, AEP, or MA OEP when beneficiaries can enroll based solely on life events that qualify for an SEP period. correct answers True 
 
Prior to the beginning of the enrollment process, a broker/agent is required to cover certain beneficiary specific...
- Exam (elaborations)
- • 2 pages •
Which is an example of a top beneficiary complaint that affects Star Ratings? correct answers The beneficiary did not understand that enrolling in a Wellcare plan would change their current Medicare Advantage plan 
 
An SEP is a period outside of the ICEP, AEP, or MA OEP when beneficiaries can enroll based solely on life events that qualify for an SEP period. correct answers True 
 
Prior to the beginning of the enrollment process, a broker/agent is required to cover certain beneficiary specific...
HRTM 421 ch. 6 Quiz (100% correct)
Capital correct answers Money or equivalent of money that is loan or invested in a business 
 
Types of capital correct answers Debt; equity 
 
Debt correct answers Fixed obligation or liability of the business that must be paid back with interest over specified time 
 
Equity correct answers Ownership in the business that does not require immediate repayment but requires a return on capital invested 
 
Cost of debt correct answers Interest borrower pays lender 
 
Cost of equity correct answers ...
- Package deal
- Exam (elaborations)
- • 2 pages •
Capital correct answers Money or equivalent of money that is loan or invested in a business 
 
Types of capital correct answers Debt; equity 
 
Debt correct answers Fixed obligation or liability of the business that must be paid back with interest over specified time 
 
Equity correct answers Ownership in the business that does not require immediate repayment but requires a return on capital invested 
 
Cost of debt correct answers Interest borrower pays lender 
 
Cost of equity correct answers ...
HRTM 421 Ch 3 (Solved)
Readers of Financial Analysis correct answers -Owners 
-Lenders 
-Managers 
-Government 
-Suppliers 
-Investment Analysts 
-Mergers and Aquisitions 
 
Owners correct answers Track and evaluate management's performance 
 
Lenders correct answers Determine the risk of the business defaulting on its loan 
 
Managers correct answers Compare actual and budgeted results 
 
Government correct answers Ensure that taxes have been paid 
 
Suppliers correct answers Evaluate the company's ability to pay i...
- Package deal
- Exam (elaborations)
- • 3 pages •
Readers of Financial Analysis correct answers -Owners 
-Lenders 
-Managers 
-Government 
-Suppliers 
-Investment Analysts 
-Mergers and Aquisitions 
 
Owners correct answers Track and evaluate management's performance 
 
Lenders correct answers Determine the risk of the business defaulting on its loan 
 
Managers correct answers Compare actual and budgeted results 
 
Government correct answers Ensure that taxes have been paid 
 
Suppliers correct answers Evaluate the company's ability to pay i...
HRTM 421 Ch. 5 Study (A+ GUARANTEED)
Need for growth: private companies correct answers Expect profit, cash flow, and ROI to increase 
 
Need for growth: stockholders correct answers Expect price of their stock to increase 
 
Shareholder Value correct answers current market price of common stock MULTIPLIED by number of shares outstanding 
 
Shareholder Value: private company correct answers sales price of the company on the open market 
 
Market Value correct answers number of shares of common stock MULTIPLIED by current market pri...
- Package deal
- Exam (elaborations)
- • 2 pages •
Need for growth: private companies correct answers Expect profit, cash flow, and ROI to increase 
 
Need for growth: stockholders correct answers Expect price of their stock to increase 
 
Shareholder Value correct answers current market price of common stock MULTIPLIED by number of shares outstanding 
 
Shareholder Value: private company correct answers sales price of the company on the open market 
 
Market Value correct answers number of shares of common stock MULTIPLIED by current market pri...
HRTM 421 ch. 9 (With complete solution)
True correct answers The first step in gaining approval for funding of a capital project is preparation of a professional investment package. 
 
True correct answers The full business plan should be included in the investment package which describes in detail what the project is all about and how it is going to be successful. 
 
False correct answers Including photographs or rendering of the project in the investment package is not necessary and can sometimes diminish the chances of receiving fu...
- Package deal
- Exam (elaborations)
- • 3 pages •
True correct answers The first step in gaining approval for funding of a capital project is preparation of a professional investment package. 
 
True correct answers The full business plan should be included in the investment package which describes in detail what the project is all about and how it is going to be successful. 
 
False correct answers Including photographs or rendering of the project in the investment package is not necessary and can sometimes diminish the chances of receiving fu...
HRTM 421 CHAPTER 2 with correct solutions
Financial Accounting correct answers Focuses on financial statements; must present financial condition of the company & operating results 
 
Managerial Accounting correct answers Focuses on revenues & expenses and maximizing operating performance; provides timely operating results 
 
Develop Standarads correct answers Financial Accounting Standards Board (FASB) 
Securities and Exchange Committee (SEC) 
 
GAAP correct answers Generally Accepted Accounting Principles; they govern all accounting an...
- Package deal
- Exam (elaborations)
- • 2 pages •
Financial Accounting correct answers Focuses on financial statements; must present financial condition of the company & operating results 
 
Managerial Accounting correct answers Focuses on revenues & expenses and maximizing operating performance; provides timely operating results 
 
Develop Standarads correct answers Financial Accounting Standards Board (FASB) 
Securities and Exchange Committee (SEC) 
 
GAAP correct answers Generally Accepted Accounting Principles; they govern all accounting an...
HRTM 421 Quiz 1 & 4 (Correctly Answered)
True correct answers Working capital is the difference between current assets and current liabilities. 
 
True 
False 
 
True correct answers When managing working capital, any surplus cash not required to operate your business should be used to fund projects that will generate additional cash flow. 
 
True 
False 
 
True correct answers Offering a discount on cash sales saves the business money, because the company does not have to pay credit card transaction fees. 
 
True 
False 
 
True ...
- Package deal
- Exam (elaborations)
- • 3 pages •
True correct answers Working capital is the difference between current assets and current liabilities. 
 
True 
False 
 
True correct answers When managing working capital, any surplus cash not required to operate your business should be used to fund projects that will generate additional cash flow. 
 
True 
False 
 
True correct answers Offering a discount on cash sales saves the business money, because the company does not have to pay credit card transaction fees. 
 
True 
False 
 
True ...
hrtm 421 quiz questions chp 9/10/11 (100% correct)
t or f: a personal guarantee is a smart way for a borrower to reduce the interest rate on a loan correct answers false 
 
t or f: an amortization rate is the rate that a fixed asset is depreciated over its useful life correct answers false 
 
t or f: the interest rate is the percentage of the loan balance the lender charges the borrower for the use of the money correct answers true 
 
t or f: during sensitivity analysis, any changes to the assumptions will change the project's PV, NPV, and IRR ...
- Package deal
- Exam (elaborations)
- • 2 pages •
t or f: a personal guarantee is a smart way for a borrower to reduce the interest rate on a loan correct answers false 
 
t or f: an amortization rate is the rate that a fixed asset is depreciated over its useful life correct answers false 
 
t or f: the interest rate is the percentage of the loan balance the lender charges the borrower for the use of the money correct answers true 
 
t or f: during sensitivity analysis, any changes to the assumptions will change the project's PV, NPV, and IRR ...
HRTM 421 Hospitality Financial Management: Chapter 5 (With complete answers)
What success looks like for a private company correct answers owners expect profits, cash flow, and ROI to increase 
 
what success looks like for a public company correct answers stockholders expect the price of their stock to rise 
 
Growing company's earnings increase by how much each year? correct answers 15% 
 
shareholder value = correct answers market value 
 
Market Value for a public company correct answers current market price of common stock X number of shares outstanding 
 
Market V...
- Package deal
- Exam (elaborations)
- • 3 pages •
What success looks like for a private company correct answers owners expect profits, cash flow, and ROI to increase 
 
what success looks like for a public company correct answers stockholders expect the price of their stock to rise 
 
Growing company's earnings increase by how much each year? correct answers 15% 
 
shareholder value = correct answers market value 
 
Market Value for a public company correct answers current market price of common stock X number of shares outstanding 
 
Market V...
Louisiana P & C Insurance test set two (Passed!)