Question: While performing a routine audit, an organization discovers it has been overpaid for a claim. What is the next step? a. return the overpayment with

While performing a routine audit, an organization discovers it has been overpaid for a claim. What is the next step? a. return the overpayment with documentation and explanation b. not return the overpayment until directed to do so by the affected payer c. not retur the overpayment because it may increase scrutiny of the organization's billing practices d. assume the overpayment makes up for the claims that were underpaid

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Forensic Accounting Case Study Series - sponsored by Deloitte FAS LLP and the Deloitte Foundation Asset Misappropriation Fraud - Darpa Company Case No. 2-6 Company Overview: Darpa Company ("Darpa" or...

Question: What as the average weekly safety inventory level of refined sugar from the beginning January 2022 to the end of July 2022? A. 512,465.9691 metric tons per week B. 316,002.1474 metric tons...

I need the solution Manual for chapter 9. I directions are attached. Instructions City of Smithville Full Version Computerized Cumulative Problem For use with McGrawHill Education Accounting for...

Need help journal entries City of Smithville Full Version 16E General Fund journal entries chapter 4 Street Improvement Capital Projects fund Chapter 5 Street Improvement Bond Debt Service Fund...

While performing a routine audit, an organization discovers it has been overpaid for a claim. What is the next step?

Question 1 Alexandria is a claims supervisor who demands that her claims representatives are up to date on the latest insurance laws. She knows that laws are important because laws can be said to...

please type your response Summarize the facts of the case. About this case study: This case study was developed as a joint effort by the Center for Audit Quality, Financial Executives International,...

UALITY IMPROVEMENT AND PATIENT SAFETY WHAT IS QUALITY ? Appropriate medical application knowledge of with due regard to the balance between the hazard medical inherent intervention in every and the...

Requirement 1: ''As Is'' Process Map Using standard process mapping symbols and referring to the example process map presented in Appendix A, draw a process map for Elizor's raw materials purchasing...

I divide 16 question to 4help each have 8 credit 1.What should be Jack Brennahan's next move? Put yourself in his shoes and identify the key elements of your immediate-term action plan. 2.Step back,...

Hollate Manufacturing Case Study total 16 questions and 32credit please look otherpost 1.What should Hollate do to prevent undue pressure on the sales force? 2.What should finance and operations...

Estimate with 90% confidence the proportion of Americans whose income is at least $75,000 (INCOME06). For each of the following variables, conduct a test to determine whether Democrats and...

If a wheel has a circumference of 8 inches. It rolls 72 inches. How many complete turns did the wheel make?

A robot gripper, shown in part (a) of Figure P4.17, is to be controlled so that it closes to an angle by using a DC motor control system, as shown in part (b). The model of the control system is...

The unadjusted trial balance of World Enterprises for the year ending December 31, 2014, follows: Additional information: 1. There is $750 of supplies on hand on December 31, 2014. 2. The one-year...

The file P02_07.xlsx includes data on 204 employees at the (fictional) company Beta Technologies. a. Estimate a multiple regression equation to explain the variation in employee salaries at Beta...

The article "A Shovel with a Perforated Blade Reduces Energy Expenditure Required for Digging Wet Clay" (Human Factors, 2010: 492-502) described a study in which each of 13 workers performed a task...

A local partnership is considering possible liquidation because one of the partners (Bell) is insolvent. Capital balances at the current time are as follows. Profits and losses are divided on a...

The manager of a commuter rail transportation system was recently asked by her governing board to determine the factors that have a significant impact on the demand for rides in the large city served...

Design a minimum-mass symmetric three-bar truss (the area of member 1 and that of member 3 are the same) to support a load P, as was shown in Fig. 2.9. The following notation may be used: Pu = P cos...

Statistical significance: (a) Is directly equivalent to psychological importance (b) Does not necessarily mean that results are psychologically important (c) Depends on sample size (d) Both (b) and...

All other things being equal, repeated-measures designs: (a) Have exactly the same power as independent designs (b) Are often less powerful than independent designs (c) Are often more powerful than...

All other things being equal: (a) The more sample size increases, the more power decreases (b) The more sample size increases, the more power increases (c) Sample size has no relationship to power...