The HIPAA Act of 1996

A) requires financial institutions to ensure the security of customer data.
B) specifies best practices in information systems security and control.
C) imposes responsibility on companies and management to safeguard the accuracy of financial information.
D) outlines medical security and privacy rules.
E) identifies computer abuse as a crime and defines abusive activities.


D

Business

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Avalon Industries buys equipment for $24,000, expects to use it for ten years, and then sell it for $3,000. Using the straight-line method, the company should report annual depreciation for the equipment of:

A. $4,800. B. $4,200. C. $2,100. D. $2,400.

Business

If production exceeds sales, absorption costing net income exceeds variable costing net income

Indicate whether the statement is true or false

Business

Which of the following is not true concerning face-to-face strategies?

a. Face-to-face strategies are concerned with negotiating in person rather than through the mail, fax, telephone, telegraph, or other intermediaries. b. People in many cultures will only negotiate on a face-to-face basis. c. The Japanese prefer the telephone to face-to-face strategies. d. In India an oral face-to-face agreement is more important than a written contract.

Business

A(n) ________ system triggers inventory ordering on a uniform time frequency

Fill in the blanks with correct word

Business