Kennedy Inc

question 88

Multiple Choice

Kennedy Inc. has the following data for its operation in August: What was the direct materials usage variance in August, rounded to the nearest dollar?

• A) $180 unfavorable.
• B) $360 unfavorable.
• C) $540 favorable.
• D) $540 unfavorable.
• E) $720 unfavorable.

---

Definitions:

Electronically Processing

The handling or management of information using electronic devices and systems, including for tasks such as data entry, storage, or communication.

HIPAA

The Health Insurance Portability and Accountability Act, a United States legislation that provides data privacy and security provisions for safeguarding medical information.

Explanation of Benefits (EOB)

A document provided by insurance companies to describe the costs covered for medical services rendered, and any patient responsibility.

Coinsurance Co-payment Amount

The portion of healthcare service costs that an insured person is responsible for paying, after the insurance has covered its share.