What Is the Importance of GINA

question 16

Multiple Choice

What is the importance of GINA?

• A) Modified HIPAA and increases the protection to individuals
• B) Guaranteed equal pay and prevented hiring discrimination
• C) Prohibits genetic discrimination in health coverage and employment
• D) All of the above.
• E) A and C are true.

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Definitions:

Cash Dividends

Payments made to shareholders out of a corporation's earnings in the form of cash.

Stable Earnings

Earnings that show little variability and predictability over a period, indicative of financial stability in a company.

Preferred Stock

A type of stock that generally provides dividends to its holders before dividends are issued to common stockholders, and typically has rights to assets before common stock upon liquidation.

Organization Cost

An intangible asset that records the initial cost of forming the corporation, such as legal and incorporating fees. Today, it is being expensed.