The Main Reason Why Companies Want to Maintain a Minimum

question 82

Multiple Choice

The main reason why companies want to maintain a minimum cash balance is:

• A)the balance sheet always needs to reflect a cash balance.
• B)they are required by law.
• C)cash,in and of itself,can earn a very high rate of return.
• D)to make sure there is a pool of cash available to deal with an expected need.

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Definitions:

Participating Provider

A healthcare provider who has agreed to accept predetermined fees for services provided to members of a specific insurance plan or network.

Insurer

An entity that provides insurance coverage to individuals or organizations, assuming the risk for specified losses.

Patient-Centered Medical Home (PCMH)

A health care delivery model designed to provide comprehensive, coordinated, and continuous care to patients with the goal of optimizing health outcomes.

Advance Beneficiary Notice (ABN)

Document used to notify a Medicare beneficiary that it is either unlikely that Medicare will pay or certain that Medicare will not pay for the service they are going to be provided. Beneficiaries are required to sign this document if they wish to have the service with the understanding that they will be responsible for payment.