Memphis Acct 3130 M50 Fall 2015 ONLINE Final Exam 2015

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Memphis Acct 3130 M50 Fall 2015 ONLINE Final Exam 20151.Reference: “Divorce fallout.” Dr. Fred, following a messy divorce, has encountered significantfinancial difficulties. Dr. Fred has a friend named Slick Slim who tells Dr. Fred that he hasbeenmaking lots of money by selling people a wristband that allegedly places pressure on a nerve thatsignals hunger resulting in a lack of appetite. Slick Slim tells Dr. Fred that, although the devicedoes not really work, people who want to lose weight and look good in their bathing suits will doanything and that it sells like hotcakes. Slick Slim tells Dr. Fred that he will pay Dr. Fred fivedollars for every band that Dr. Fred can sell to his patients. Dr. Fred proceeds to mail letters topatients suggesting the use of the band for weight loss. He also uses UPS to mail samples of theband to some patients along with letters encouraging purchase of the bands. Dr. Fred thenproceeds to bill Medicare for office consultations he has with patients when they come in topurchase the bands. The scheme is wildly successful. Dr. Fred is able to entirely satisfy hisalimony obligations within just a few months. Unfortunately, as patients begin to see that theyare not having any weight loss, he has been receiving numerous complaints, and a friend of histold him that he could even be facing some criminal prosecution. By which of the following acts,if any, did Dr. Fred commit healthcare fraud?By the receipt of kickbacks from Slick Slim only.Dr. Fred did not commit any acts of healthcare fraud.By the submission of false claims to Medicare only.By submitting false claims to Medicare, by receiving kickbacks from Slick Slim, and also bymerely discussing the matter with Slick Slim.By the submission of false claims to Medicare and also by the receipt of kickbacks from SlickSlim.2.Which of the following is the misappropriation of trust funds or money held in a fiduciarycapacity?PretextingPonzi schemeFalse pretensesFalse entriesDefalcation3.Billy knows that he can bring his case against Bob in a state court in Tennessee. He is unsure,however, of which county in which to proceed. Which of the following address the propercounty?Diversity jurisdiction

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