Which of the Following Is a Third-Party Health Plan That

question 62

Multiple Choice

Which of the following is a third-party health plan that is funded by the federal government?

• A) Blue Cross and Blue Shield
• B) Starmark
• C) Aetna
• D) TRICARE

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Definitions:

Capital Lease

A lease classified by the lessee as an asset and liability on the balance sheet because it effectively transfers substantially all risks and rewards of ownership to the lessee.

Executory Costs

These are costs associated with fulfilling the terms of a contract, excluding the direct material and direct labor costs, such as utilities, insurance, and property taxes involved in leasing.

Bargain Purchase Option

A lease provision allowing the lessee to purchase the leased asset at the end of the lease term at a price significantly lower than the expected fair market value.

Minimum Periodic Rental

In leasing agreements, it refers to the lowest amount that the lessee must pay over a specified period.