Discuss if Hartman’s bonus will increase based on the classification of the debt securities and explain the reasons why.
Discuss if Hartman’s bonus will increase based on the classification of the debt securities and explain the reasons why. also evaluate the criteria Hartman would use to classify the securities as held-to-maturity or available-for-sale, if it is likely there might be a company oversight of a classification choice, and determine the ethical challenge of her decision.
1) REAL LIFE APPLICATION: In what ways are you applying greater sensitivity and multicultural understanding to how you relate to others in your workplace? Support and justify your opinions with credible reference sources. 2)This case involves a healthcare system consisting of five clinics serving nearly two million residents in a large metropolitan area and treating more than 500,000 patients annually. In preparation for the implementation of an electronic health record (EHR) system for the five clinics, the healthcare system implemented an electronic document/content management (ED/CM) system to handle the imaging, indexing, and storage of selected hard copy documents from active patient paper medical records so that in the future, to support continuity of care needs, key documents would be retrievable through the EHR system.However, the healthcare system lacked the level of internal information technology (IT) and health information services staff resources required to manage the implementation of hardware/software and to handle the actual paper conversion process, so these aspects of the project were outsourced.The outsourced company installed hardware and software, redesigned workflow in the health information services department, collaborated with the health information management professionals to redesign standardized patient record forms, and worked with IT staff to develop interfaces that would allow for scanned images to be fed into the EHR system. The outsourced company also managed the preparation, scanning, indexing, and quality control activities associated with the actual paper conversion process. 3) Kasey Hartman is the controller for Wholemart Company, which has numerous long-term investments in debt securities.
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