Exclusion statute - Study guides, Class notes & Summaries

Circular 230 Regulations governing the practice of attorneys, certified public accountants, enrolled agents, enrolled actuaries, and appraisers before the IRS. Disclosure The release of tax information by an IRS employee. Due Diligence Requirements that tax professionals must follow when preparing income tax returns. Noncompliance Failure or refusal to comply with the tax code. Privilege Protection from being required to disclose confidential communications betwe...

AAPC CPB Chapter 1-5. Questions and answers, rated A+ Eight standard transactions were adopted for Electronic Data Interchange (EDI) under HIPAA. Which of the following is NOT included as a standard transaction? a. Payment and remittance advice b. Eligibility in a health plan c. Coordination of benefits d. Physician unique identifier number - -d. Physician unique identifier number A physician received office space at a reduced rate for referring patients to the hospital's out- patient...

Multiple Choice 1. In terms of procedure, _____. a. felony cases involve more steps than misdemeanor cases b. misdemeanor cases involve more protections for defendants c. felony and misdemeanor cases have exactly the same procedures d. most states require grand jury review only in misdemeanor cases ANSWER: REFERENCES: LEARNING OBJECTIVES: c The Criminal Court Process CEPC.GARD.16.3.1 2. An indictment is a formal criminal charge issued by the _____. a. b. c. d. ANSWER: REFERENCES: LE...

AAPC Chapter 1 CPB: Exam Review Questions and answers/ A physician received office space at a reduced rate for referring patients to the hospital's outpatient physical therapy center. What Law does this violate? 1. Anti-kickback Statute 2. Stark Law 3. False Claims Act 4. Truth in Lending Act - -Anti-Kickback Statute Rationale: The anti-kickback Laws states that anyone who knowingly or willing accept or offer any items or services to induce referral is a violation of the law. Feder...

Under a long-term care inflation rider, the benefit levels - ANS periodically increase without proof of insurability In order for a health plan to be an "accountable health plan", who has to approve it? - ANS the director Medicare Part A coinsurance payments are covered by - ANS Medicare Supplement Plan A Employees generally receive workers compensation benefits for - ANS lost wages and medical expenses due to occupational accidents What year was the Mental Health Parity an...

AAPC CPB Chapter 1-5Eight standard transactions were adopted for Electronic Data Interchange (EDI) under HIPAA. Which of the following is NOT included as a standard transaction? a. Payment and remittance advice b. Eligibility in a health plan c. Coordination of benefits d. Physician unique identifier number - correct answer d. Physician unique identifier number A physician received office space at a reduced rate for referring patients to the hospital's out- patient physical therapy ce...

Eight standard transactions were adopted for Electronic Data Interchange (EDI) under HIPAA. Which of the following is NOT included as a standard transaction? a. Payment and remittance advice b. Eligibility in a health plan c. Coordination of benefits d. Physician unique identifier number - ️️d. Physician unique identifier number A physician received office space at a reduced rate for referring patients to the hospital's out- patient physical therapy center. What Law does this viola...

Express Actual Authority: - Authority explicitly given to the agent through the principal's written or oral instructions Implied Actual Authority: - authority to do what is usual, customary and necessary to accomplish the action. No express agreement Apparent Authority: - someone reasonably believes an individual has the authority to act on the behalf of the government Delegation of authority: - he FAR and states that each authority is delegable unless specifically stated otherwise (FA...

Which of the following is an example of a limited common element? - correct answer -Parking Space A married couple buys a home for $400,000. Five years later, they sell it for $550,000. How much of their sale is taxable capital gain? - correct answer -$0. They get a $500,000 capital gains tax exclusion, and they made $150,000 in profit, so all of their profit is excluded from taxation. Arthur, Beatrice, Candace, Dmitri, and Evenlyn bought a property does each of them own? - correct ans...

CON 3900 Exam Questions and Answers 100% Verified Express Actual Authority: - answerAuthority explicitly given to the agent through the principal's written or oral instructions Implied Actual Authority: - answerauthority to do what is usual, customary and necessary to accomplish the action. No express agreement Apparent Authority: - answersomeone reasonably believes an individual has the authority to act on the behalf of the government Delegation of authority: - answerhe FAR and states ...