The Affordable Care Act, Signed into Law in March of 2010

question 4

Multiple Choice

The Affordable Care Act, signed into law in March of 2010, was designed to provide better health security by which of the following:

• A) Enacting comprehensive health insurance that holds insurance companies accountable
• B) Lowering healthcare costs
• C) Enhancing the quality of care for all Americans.
• D) All of the above

---

Definitions:

Adjusting Entries

Journal entries made in accounting to update the records for expenses and revenues that have accrued but are not yet recorded.

Daily Wages

The amount of money that a worker earns for one day of labor.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the consumption of the asset.

Office Supplies

Items and equipment regularly used in offices by businesses and other organizations, including paper, pens, and stationery.