Hard savings - Study guides, Class notes & Summaries

CDMS Exam Questions with Correct Answers Rated A+ 2024/2025 In a CDMS's documentation of cost savings, an example of "hard savings" is the: - Correct Answers Change to a contracted PPO One risk factor associated with coronary artery disease is: - Correct Answers Diabetes Standardized occupational information based on thousands of on-site job analyses is documented in the: - Correct Answers Dictionary of Occupational Titles (DOT) Which of the following is the primary goal of medicati...

A financial profile should include an assessment of the client's: correct answers Current expenditures debt obligations tax status income sources balance sheet containing the client's assets, including: cash, cds, savings, real estate, value and composition of securities, pension and retirement accounts, cash value in life insurance policies, personal items such as jewelry and car and liabilities including current debt (credit card, tax, long term debt, auto, mortgage, loans again...

Spending Cycle- 1 - ANSWER-Earn/Spend/Earn paycheck to paycheck SOLUTION: Must deal with habits Divide paycheck into SPECIFIC spending categories Capture $$$ for savings Pay down debt Spending Cycle - 2 - ANSWER-Earn/Spend/Borrow/Spend Rely on debt to establish and maintain lifestyle Have difficulty denying self Confuse wants with needs They believe they deserve it now Spending Cycle - 3 - ANSWER-Earn/Spend/Save CAN save $$$ BUT Savings is a low priority & something always comes up ...

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

Problem Statement- Include - ANSWERo Process/Defect o Timeframe o Baseline metrics o Cost/Benefit Goal Statement - ANSWERo Targeted Improvement o Timeframe o Projected Financial Benefits Project Defect - ANSWERInstance which fails to meet customer requirement Metrics - ANSWER-Primary Metric - Big "Y" o Secondary Metrics Possible negative consequences Financial Benefit - ANSWERo Hard Savings Directly Impact the bottom line Cost Reduction Revenue Enhancement o Soft Sav...

TSI Testing 126 Questions with Verified Answers In 2010, talk show host Oprah Winfrey and novelist Jonathan Franzen kissed and made up after a nine-year feud. In 2001, Franzen was disinvited from appearing on Winfrey's TV show to pitch his novel The Corrections after he made it clear that he was unhappy about the book's being chosen for the Oprah Book Club. Describing his work as "in the high-art literary tradition," Franzen said he didn't want to be associated with the Club, which he a...

Dave Ramsey Foundations in Personal Finance - Chapter 9 Video Terms Rated A+ While paying insurance premiums may feel like you're losing money, in the end it really helps you ___ more of it. get When the consumer is _____ with ___________, the consumer makes different decisions. armed, information The purpose of insurance is to ________ risk. transfer Without proper insurance, certain losses can ________ you. bankrupt Insurance puts an ________ over your life, the hard work...

How long is BPI certification valid? Correct Answer Individuals must be re-certified after 3 years BPI standards are currently Correct Answer Developed in an ANSI-accredited process To be BPI certified, you must Correct Answer Apply and pass both a field and an online test A BPI Building Analyst should be able to Correct Answer Conduct diagnostic tests Calculate energy savings from installed measures Develop an energy retrofit work scope An Envelope Professional should be able to: ...

A company buys back its own shares by dipping into the market and buying shares over a period of time. What is this called? - ️️Open market transaction A good first measure of whether a company's basic business model is healthy and sustainable would be... - ️️operating income and operating margin. After having been asked to estimate your company's required return on its stock, you gathered the following information: YTM on five-year US Treasury note = 0.038 Five-year average annual...

Much of the efforts in a LEAN Six Sigma project are driven by a concept called VOC which stands for: - Answer- voice of the customer Motorola was the birthplace for the practice of? - Answer- six sigma What are some LEAN Six Sigma objectives? - Answer- customer satisfaction delivering business results achieving business targets reducing variation COPQ is an acronym that stands for? - Answer- cost of poor quality Which is not an example of hard savings? - Answer- regaining lost sal...