Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.Choosing Between Two Rights Harry Hospitality, CPA manages the internal audit section of Mega-Global Insurance Company. He is currently analyzing the excessive reimbursements that Happy

1.Choosing Between Two Rights

Harry Hospitality, CPA manages the internal audit section of Mega-Global Insurance Company. He is currently analyzing the excessive reimbursements that Happy Hospice Care Center is receiving from MGIC. Under the terms of the contract with HHCC, no patient is expected to live more than 6 months after entering the facility. Miraculously HHCC has a patient still alive after 4 years.

After further investigation, Harry determines that Mrs. Demise, 87 was diagnosed with terminal breast cancer when she entered the facility 4 years ago. Her cancer has now spread to her liver, but she still plays bingo in group each day.

Harry's company reimburses HHCC $88 per day for her care. In four years that has cost Mega-Global over $126,000. Per contract, maximum length of stay is six months or 180 days for $16,000.

Question:What should Harry do?

Group of answer choices

A. ignore the issue because Mrs. Demise has no relatives

B. report the issue to his supervisor

No answer text provided.

No answer text provided.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Forensic And Investigative Accounting

Authors: G. Stevenson Smith D. Larry Crumbley, Edmund D. Fenton

10th Edition

0808056301, 9780808056300

More Books

Students also viewed these Accounting questions