Which of the following is required for successful collaborative decision making?

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Question

Week 3 quiz

Question 1

Which of the following is required for successful collaborative decision making?

Answers:

Taking a stand for one fixed option

Isolating stakeholders from the decision-making process

Considering yourself and the persons involved as one unit

Relying primarily on a logical approach to decision making

Question 2

According to Edward de Bono’s Six Thinking Hats tool, teams wear the _____ hat to discuss the value and benefits of a particular idea or option.

Answers:

red

black

orange

yellow

Question 3

Carla is planning to use brainstorming in her next team meeting to generate new product ideas. In using brainstorming effectively, Carla should avoid:

Answers:

evaluating others’ ideas.

setting a time limit.

building on the ideas of others.

asking hypothetical questions in between.

Question 4

A few key employees of a company met to generate ideas to improve the company’s efficiency. After a brainstorming session, the ideas generated were scribed on some cards and spread out on a large desk. The employees then proceeded to organize related ideas into categories, and discussed the grouping till five manageable groups of ideas were created. Also, each group of ideas was given an appropriate title. Which of the following techniques of synthesizing brainstormed ideas has been applied in this scenario?

Answers:

Affinitizing

Pattern recognition

Broadbanding

Sequential differentiation

Question 5

Charlie, a production head at an automobile company, is reviewing along with his team the efficiency of the current production system. A few employees in his team have ideas about how the production cost can be reduced by modifying the assembly system. Which of the following statements made by Charlie would best act as an idea grower in this scenario?

Answers:

If the system is not broken, we do not have to fix it.

The current production system is good enough.

Though the current system is efficient, is it perfect?

You may want to change the current system, but what about the costs?

Question 6

_____ is best described as a process by which several possibilities are considered and prioritized, resulting in a clear choice of one option over others.

Answers:

Benchmarking

Decision making

Delegating

Pattern recognition

Question 7

Richard, a supplier of synthetic fabrics, is in a meeting with a customer. Richard had expected the customer to quote a good price for his product, but the customer quoted an unprofitable price. In this situation, which of the following statements would be most ineffective in getting Richard a good bargain?

Answers:

Could you explain the reasons for your price quotation?

I am upset about the price quoted for my product.

You are being unfair by quoting such a low price on the product.

I expect a better price for my product because of its superior quality.

Question 8

Which of the following is an ineffective practice during a negotiation process?

Answers:

Bargaining by focusing on positions rather than interests

Starting the negotiation with a relationship-based tone rather than on an adversarial note

Concentrating on problems rather than people when bargaining

Exploring all possibilities for solutions rather than quickly focusing on one fixed solution

Question 9

Which of the following is an ineffective practice during negotiations?

Answers:

Revisiting issues that have already been resolved

Disagreeing to terms that are not acceptable to you

Developing a frame based on both your needs and those of the other party

Using close-out questions to generate constructive discussions

Question 10

Alan and his business partner, Fred, have decided to end their joint venture. However, both parties have issues in dividing the resources of the company. They are prepared to resolve their conflicts through a third-party negotiator, provided the third party allows them to be actively involved in generating the solution. In this scenario, which of the following third-party negotiators will fail to meet Alan’s and Fred’s criterion?

Answers:

A mediator

A conciliator

A consultant

An arbitrator

Question 11

Two research teams at BioSure Pharmaceutical Inc. are in a conflict over the company’s scarce resources. Both teams share the same lab, tools, and sometimes even the personnel. The company’s finances are also proportionately distributed among the two teams. Due to some delay in one of the team’s work, both teams have been called for a mutual negotiation. In order to make the negotiation effective, the research teams should:

A bond is currently selling for $1,087. If the yield to maturity is 10%, the coupon rate will be:

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1. A bond is currently selling for $1,087. If the yield to maturity is 10%, the coupon rate will be:
less than 10%.
equal than 10%.
more than 10%.
2. The ABC Co. has $1,000 face value stock outstanding with a market price of $937.6. The stock pays interest annually, matures in 9 years, and has a yield to maturity of 10.7 percent. What is the current yield?

3. What is the net present value of the following cash flows? Assume an interest rate of 3.5%
Year CF
0 -$11,895
1 $7,722
2 $5,687
3 $5,120

4. A stock just paid a dividend of D0 = $3.4. The required rate of return is rs = 15.8%, and the constant growth rate is g = 3%. What is the current stock price?

5. A project has the following cash flows. What is the internal rate of return?
Year 0 1 2 3
Cash flow -$121,000 68,150 $42,200 $39,100

6. ABC is reviewing a project that will cost $1,431.The project will produce cash flows $210 at the end of each year for the first two years and $772 at the end of each year for the next two years. What is the profitability index? Assume interest rate is 4%.

7. A 8.9 percent $1,000 bond matures in 17 years, pays interest semiannually, and has a yield to maturity of 16.02 percent. What is the current market price of the bond?

8. ABC Corp. just paid a dividend of $2.4 per share at the end of the year. The stock has a required rate of return is 18%. The dividend is expected to grow at 6.9%. What is dividend at time = 8? (solve for D8?)

9. Uptown Insurance offers an annuity due with semi-annual payments for 19 years at 4.9 percent interest. The annuity costs $176,239 today. What is the amount of each annuity payment?

10. The principal amount of a bond that is repaid at the end of term is called the par value or the:
call premium
perpetuity value
face value
back-end value
coupon value

11. ABC’s last dividend paid was $4.4, its required return is 13%, its growth rate is 6%, and its growth rate is expected to be constant in the future. What is ABC’s expected stock price in 19 years?

12. What is the effective rate of 18% compounded monthly?

13. Suppose an investment offers to double your money in 39 years. What annual rate of return are you being offered if interest is compounded semi-annually?

14. A cost that has already been incurred and cannot be recouped is called as a(n):
Answer
sunk cost
financial cost
opportunity cost
side cost
relevant cost
15. Suppose the real rate is 9.83% and the inflation rate is 4.65%. Solve for the nominal rate.

16. The common stock of ABC Industries is valued at $49 a share. The company increases their dividend by 3.1 percent annually and expects their next dividend to be $1.84. What is the required rate of return on this stock?

17. A bond that sells for less than face value is called as:
discount bond
premium bond
par value bond
debenture
perpetuity
18. How many years will it take to quadruple (i.e. 4 times) your money at 9% compounded quarterly?

19. Suppose that today’s stock price is $49.8. If the required rate on equity is 18.6% and the growth rate is 7.9%, compute the expected dividend (i.e. compute D1)

20. Given the following cash flows, calculate the payback period:
Year CF
0 -921
1 368
2 253
3 291
4 784

21. An investment is acceptable if the profitability index (PI) of the investment is:
less than the net present value (NPV).
less than one.
greater than one.
greater than the internal rate of return (IRR).
greater than a pre-specified rate of return.

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CPT CODING

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Report Issue

IF YOU DON’T KNOW ANYTHING ABOUT CPT CODING THEN THIS ISN’T THE ASSIGNMENT FOR YOU I NEED SOMEONE THAT KNOWS ABOUT CPT CODING AND HAS A CODING MANUAL NOT FROM 15/16 YEAR BECAUSE THE CODES MIGHT BE DIFFERENT. I DO HAVE THE ANSWER CHOICES BUT I FELT LIKE IF I POSTED THEM ALONG WITH QUESTIONS IT WOULD OF THREW PEOPLE OFF.

 

 

 

1.SPECT imaging of liver to assess vascular flow. Report code

 

2.Transvaginal ultrasound of a 30-year-old female who is not pregnant. Report code(s)

 

3.Ms. Gomez presents to the emergency department (ED) of her local hospital, complaining of body aches, fever, and headache. The ED physician performs a spinal puncture to rule out meningitis. Report code

 

4.Application of seven interstitial ribbons in the patient’s abdominal cavity. Report code

 

5.Complete autopsy of a 35-year-old man found dead in his car in the parking lot of a convenience store. Report code

 

6.A 55-year-old female presents to the same-day surgical unit for a sigmoidoscopy. The physician inserts a flexible scope into the patient’s rectum and determines that the rectum is clear of any polyps. The scope is advanced to the sigmoid colon, and a total of three polyps are found. Using the snare technique, the polyps are removed. The flexible scope is withdrawn. Report code

 

7.What does a roentgen identify?

 

8.Pathology examination of tissue removed during a pancreas biopsy. Report code

 

9.Liza Mills was diagnosed at birth with atresia of her tricuspid valve. Liza is now 3 years old, and today she underwent tricuspid valve repair, which involved closure of the atrial septal defect and anastomosis of the vena cava to the pulmonary artery. Report code

 

10.Two simple repairs of the scalp are done; one laceration was 10 cm, and the other laceration was 5 cm. Report code

 

11.A patient sustained a fracture of his left ankle four weeks ago. The short-leg cast that was applied at that time has broken down, and during this encounter, the physician removed the old cast and applied a replacement cast for the remaining three weeks of healing time. Report code(s

 

12.KOH slide examination of hair sample for presence of scabies. Report code

 

13.Patient undergoes a lipid panel. Because of an abnormally high triglyceride level, a repeat triglyceride is done as an individual test. Report code(s)

 

14.Mr. Chung underwent open reduction with internal fixation of shaft fracture of the right tibia on June 20. Late during that same evening, the patient’s wound site became inflamed and showed signs of infection. Upon his return to the operating room, the site was reopened, a severe reaction to the metal was noted, and the metal rod was removed. The patient did not have the internal fixation device replaced, but a cast was applied to the leg. Report code(s)

 

15.Select the modifier for “unrelated procedure

 

16.A child has a small metal toy lodged in her right ear. After multiple unsuccessful attempts are made to remove the object, the patient is taken to the ambulatory unit for removal. After discussion with the patient’s parents, an informed consent is signed. The patient undergoes removal of the object, which is performed in the operating room after administration of general anesthesia. Report code

 

17.Nick Miller had blood testing done to determine peroxidase activity, qualitative, feces. This was of a specimen obtained from a digital rectal exam (DRE). Report code

 

18.Insulin-induced C-peptide suppression panel. Report code(s)

 

19.A 25-year-old patient presents to have a repair of her recurrent ventral hernia. The hernia is located in the lower left abdominal quadrant. The physician repairs the hernia using Prolex mesh. Report code(s)

 

20.A 60-year-old patient was admitted with bullous emphysematous nodules. Patient underwent surgical thoracoscopy surgical with resection-plication of the left lung for lung volume reduction (LVRS). Report code(s)

 

21.Direct laryngoscopy for the removal of a fish bone stuck in the patient’s throat. The physician used an operating microscope during this procedure. Report code(s)

 

22.Adjacent tissue transfer (1 sq cm) of skin defect of the chin, which was the result of an excision of benign skin lesion (1 cm) of the chin (performed during the same operative procedure). Report code(s) _____.

 

23.Chest x-ray, frontal, lateral, and oblique views. Report code(s)

 

24.Culture of nail for presence of fungi. Report code _____

 

25.Blood testing for presence of Chlamydia immunoglobulins. Report code

 

26.A 20-year-old male underwent arthroscopic knee meniscectomy, medial, right, including meniscal shaving. Report code(s)

 

27.Analysis of semen for presence and motility. Report code

 

28.Repair of truncus arteriosus, 5-day-old male infant. Report code

 

29.Max Wilcox underwent a thoracotomy to implant a patient-activated cardiac event recorder. Report code(s)

 

30.Ligation and stripping of bilateral short saphenous veins and ligation of long saphenous veins from the saphenofemoral junction to the knee of the left leg. Report code(s)

 

31.Appendectomy using laparoscope. Report code

 

32.A patient diagnosed with an ectopic pregnancy undergoes laparoscopic treatment of this condition that also requires removal of the fallopian tube. Report code

 

33.Complete removal of thyroid gland with radical dissection due to thyroid cancer. Report code

 

34.A patient diagnosed with chronic pericarditis presents for complete removal of the pericardium, which is performed under cardiopulmonary bypass. Report code

 

35.Bilateral screening mammography due to family history of breast cancer. Report code

 

36.Liza Moore had normal antepartum care, vaginal delivery, episiotomy, and normal postpartum care, all provided by Dr. Thomas. Report code(s)

 

37.Bilateral mastectomy for gynecomastia. Report code

 

38.Photocoagulation destruction of corneal lesion, right eye. Report code

 

39.Direct laryngoscopy of a newborn male weighing 3500 grams with tracheoscopy performed to aspirate fluid. Report code

 

40.Repair of acute diaphragmatic hernia in a 25-year-old patient who was injured during a motor vehicle crash (MVC). Report code

 

41.A patient diagnosed with meningioma undergoes craniectomy to remove the tumor. Report code

 

42.Arthrodesis of two interphalangeal joints. Report code(s)

 

43.A patient undergoes platelet apheresis and is discharged after the platelets are retransfused. Report code

 

Merit had maintained its status as a private company, financing its growth by reinvesting profits and, when necessary,

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Merit had maintained its status as a private company, financing its growth by reinvesting profits and, when necessary, borrowing from banks. Whether Merit could follow that same strategy to raise the $4 billion necessary to expand at the pace envisioned by the firm’s CEO was uncertain, though it seemed unlikely to Sara. She had identified two options for the board to consider:

Option 1: Merit could approach JPMorgan Chase, a bank that had served Merit well for many years with seasonal credit lines as well as medium-term loans. Lehn believed that JPMorgan was unlikely to make a $4 billion loan to Merit on its own, but it could probably gather a group of banks together to make a loan of this magnitude. However, the banks would undoubtedly demand that Merit limit further borrowing and provide JPMorgan with periodic financial disclosures so that they could monitor Merit’s financial condition as it expanded its operations.

Option 2: Merit could convert to public ownership, issuing stock to the public in the primary market. With Merit’s excellent financial performance in recent years, Sara thought that its stock could command a high price in the market and that many investors would want to participate in any stock offering that Merit conducted. Becoming a public company would also allow Merit, for the first time, to offer employees compensation in the form of stock or stock options, thereby creating stronger incentives for employees to help the firm succeed. On the other hand, Sara knew that public companies faced extensive disclosure requirements and other regulations that Merit had never had to confront as a private firm. Furthermore, with stock trading in the secondary market, who knew what kind of individuals or institutions might wind up holding a large chunk of Merit stock?

TO DO a. Discuss the pros and cons of option 1, and prioritize your thoughts. What are the most positive aspects of this option, and what are the biggest drawbacks?

b. Do the same for option

2. c. Which option do you think Sara should recommend to the board and why?

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