Healthcare facilities no longer accept cash payments due to the risk of counterfeit bills and employee theft. True or False?

Understand the Problem

The image contains three distinct multiple-choice questions related to business and finance. The first question asks about the acceptance of cash payments in healthcare facilities. The second question pertains to the requirements for a check to be negotiable. The third question asks about account aging categories and final demand letters.

More Information

While some healthcare facilities may prefer or encourage alternative payment methods, it's not universally true that they no longer accept cash. A negotiable check needs to be written and signed by the drawer, and contain a promise or order to pay a sum of money. There is no universally correct answer to the account aging categories.

Tips

Consider all the factors given, even if one section of the statement is true, the overall statement may be false.

Sources

• Solved Healthcare facilities no longer accept cash payments - Chegg - chegg.com
• Fraud & Abuse Laws | Office of Inspector General - HHS.gov - oig.hhs.gov
• Corruption in the health sector: A problem in need of a systems ... - pmc.ncbi.nlm.nih.gov