Which of the Following Is Considered a Positive Aspect of the Affordable

question 28

Multiple Choice

Which of the following is considered a positive aspect of the Affordable Care Act?

• A) A 38-year-old mother is penalized on her taxes for not purchasing health insurance.
• B) A 42-year-old laborer who has chronic kidney disease is denied insurance coverage.
• C) Jamie, age 24, cannot continue insurance coverage on his parent's insurance since he has graduated from college.
• D) Maria, age 60, is able to obtain health insurance at a rate that is manageable on her income.

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Definitions:

Timeliness

The concept of providing information in a timeframe that is useful for decision-making purposes, often relevant in financial reporting and investing.

Efficiency

The effectiveness with which an organization utilizes resources to achieve its objectives with minimum waste.

Accuracy

The extent to which the outcome of a measurement, computation, or detail agrees with the true value or an established norm.

Depreciation Policy

A specific method or approach a company uses to allocate the cost of a tangible asset over its useful life.