Which of the Following Organizations Are Most Victimized by Health-Care

question 51

Multiple Choice

Which of the following organizations are most victimized by health-care fraud?

• A)private insurance companies
• B)Medicare and Medicaid
• C)privately funded hospitals
• D)publicly funded hospitals

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Definitions:

Holding Losses

Financial losses incurred from holding onto an asset that has decreased in value over time.

Inventory Valuation

The method of calculating the cost of goods available for sale and determining the end inventory balance.

Net Realizable Value

The estimated selling price of goods, minus the costs of their completion and costs necessary to make the sale.

Market Value

Market value is the current price at which an asset or service can be bought or sold in a marketplace.