Match Each Term with Its Definition

question 57

Multiple Choice

Match each term with its definition.
-Method used to ensure compliance in all HIPAA-related areas

• A)HIPAA compliance officer
• B)security officer
• C)privacy officer
• D)W-2 form
• E)W-4 form
• F)Form I-9
• G)salary
• H)Federal Fair Labor Standards Act
• I)gross pay
• J)net pay
• K)auditing
• L)bereavement time
• M)profit sharing
• N)liability insurance
• O)gripe session

---

Definitions:

Accounting System

A methodical procedure of accurately and timely recording and organizing financial transactions and information.

General Journal

A primary accounting record used for recording all types of transactions and events, ensuring every financial activity is documented.

Special Journal

A financial journal designed for recording a specific type of transaction in a more efficient manner.

Accrual Basis

An accounting method where revenues and expenses are recorded when they are earned or incurred, regardless of when the cash transaction occurs.