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NEW QUESTION: 1
Richard Grass is the healthcare analyst for Furrnon Investments and is reviewing the investment merits of the developing hospice industry. The hospice industry has a short history in the public market, as several companies have recently completed their initial public offering. Hospice services are provided to patients diagnosed with terminal illness as an alternative to aggressive medical management. The use of hospice services at skilled nursing facilities and assisted-living facilities is forecasted to continue its recent growth.
Medicare is the primary payer for hospice services, accounting for 85% of the approximately $7 billion in industry's revenues. Hospice providers offer symptom and pain management to patients diagnosed with a terminal illness by their physician. The program was added to the Medicare benefit package in the early
1980s. Growth in the sector has only recently. accelerated due to the emergence of a number of for-profit companies. The caregiver provides a plan for each admitted patient and care is given in any number of healthcare environments, including the patient's home.
Grass's analysis of the hospice industry has uncovered several facts that are outlined below:
* The industry's revenue annual growth rate has increased from 14% in the late 1990s to 25% in 2008.
* The average length of stay at facilities for hospice patients is increasing.
* Labor costs account for 75% of total expenses, drugs 15% of total expenses, and medical supplies 10%.
* More than 80% of hospice patients are above 65 years old and 30% are above 85 years old.
* Based on the U.S. Census Bureau's statistics, over the next six years (2009-2015), the number of people in the 65 and older age group will increase annually by 1.4%.
* The Medicare hospice benefit is still underutilized by the terminally ill population, according to MedPac (an independent advisory committee for the U.S. Congress on healthcare issues).
* Only 30% of Medicare beneficiaries enroll in the hospice benefit before they die.
* In recent years, the U.S. government has approved rate increases for the sector compared to flat or declining rate trends for other healthcare services.
* The Medicare hospice program has a beneficiary cap which cannot exceed approximately $18,000 annually per person.
* The top six for-profit providers account for about half of the segment's sales.
* The overall hospice provider market is roughly divided into 55% non-profit, 10% U.S. government, and
35% for-profit.
Grass's analysis has narrowed his search to Hope Company. Hope controls about 7% of the total hospice service market or 20% of the for-profit market. The company has the only regulator approved for-profit certificate for the state of Florida, one of the most attractive markets in the United States. In addition to a strong market share in Florida, Hope has a strong presence in urban markets like Dallas and San Francisco. Hope has a more diversified revenue base than other publicly traded for-profit providers.
Grass is a firm believer in the industry life cycle. Which of the following statements is most accurate regarding the hospice industry's position in the industry life cycle? The hospice industry is in the:
A. mature stage, as indicated by high labor costs and slow growth in the number of people aged 65 and older.
B. pioneer stage, as indicated by recent growth in sales and labor costs.
C. growth stage, as indicated by recent growth in sales.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The hospice industry is best described as in its growth phase, which often is characterized by rapid growth in sales and healthy profit margins. Labor costs are not generally an indicator of an industry life cycle stage. (Study Session 11, LOS 38.b)

NEW QUESTION: 2
Private placements are exempt from the registration requirements of the Securities Act of 1933 under the
rules contained in:
A. Regulation D.
B. Regulation E.
C. Regulation
D. the Securities Exchange Act of 1934.
Answer: A
Explanation:
Private placements are exempt from the registration requirements of the Securities Act of
1 933 under the rules contained in Regulation D. Regulation D dictates the qualifications that must be met
for the security to be exempted, such as the maximum number of unaccredited investors and the
investors to whom the security may be sold. Regulation A dictates the rules to qualify an issue for a small
issue exemption. The Securities Exchange Act of 1934 deals with the secondary market, not the new
issue market.

NEW QUESTION: 3



A. No
B. Yes
Answer: A
Explanation:
Calling Plans are an add-on telephone service that, when combined with Phone System in Office
365, can become the phone system for your entire organization. A Calling Plan provides the people in your business with a primary phone number, and lets them make and receive phone calls outside of your organization.
From Scenario: Quarterly review meetings must be recorded and made available online for later viewing.
References: https://support.office.com/en-us/article/What-are-Calling-Plans-in-Office-365-3dc773b9-95e0-4448-b2f1-887c54022429

NEW QUESTION: 4
会社がDynamics 365 Financeを使用しています。
ビジネスプロセスとそれに関連する要件を確認します。これらの作業項目には、バグ、タスクのバックログ項目、テスト、およびドキュメントが含まれます。次のタスクを実行する必要があります。
*実装プロジェクトの進捗を追跡し、さまざまな作業項目を要件とビジネスプロセスに関連付けます
*通常の配信スケジュール内でバグ修正を特定して公開します。
どのツールを使用する必要がありますか？回答するには、回答aieaで適切なオプションを選択してください。注正しい選択はそれぞれ1ポイントの価値があります。

Answer:
Explanation: