With Regard to the Financial Statements Prepared by Health Plans

question 173

Multiple Choice

With regard to the financial statements prepared by health plans, it can correctly be stated that

• A) both for-profit, publicly owned health plans and not-for-profit health plans are required by law to provide all interested parties with an annual report
• B) a health plan's annual report typically includes an independent auditor's report and notes to the financial statements
• C) any health plan that owns more than 20% of the stock of a subsidiary company must compile the financial statements for the health plan's annual report on a consolidated basis
• D) a health plan typically must prepare the financial statements included in its annual report according to SAP

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Definitions:

Two-dimensional Argument

Refers to an argument of a function that is a two-dimensional array or a list of lists.

Offset

A numerical value representing the distance (typically in bytes) from the beginning of a data structure or array to a specific element.

One-dimensional Arrays

Data structures that store a linear collection of elements of the same type, accessible by a single index denoting the position of an element in the array.