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Sharisma Suffered a Serious Stroke and Was Admitted to a Nursing

question 92

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Sharisma suffered a serious stroke and was admitted to a nursing home for 140 days. Nursing home charges,including physician fees and other related expenses were $63,000.Under Sharisma's long-term care insurance contract,she received reimbursements of $56,000.How much of the $56,000 reimbursement must be included in Sharisma's gross income in 2014?


Definitions:

Belongingness Needs

are a person's inherent need to feel connected, valued, and a part of a group or social circle, reflecting a fundamental human motivation.

ERG Theory

ERG Theory is a motivation theory developed by Clayton Alderfer that categorizes human needs into three types: Existence, Relatedness, and Growth, suggesting that these needs can influence workplace behavior.

Basic Psychological Needs

Fundamental human motivations that include the need for competence, autonomy, and relatedness, which are essential for psychological development and well-being.

Friendly Relationships

Bonds between individuals characterized by mutual affection, support, and a positive regard, fostering a pleasant social environment.

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