Identify the Choice That Best Completes the Statement or Answers

question 28

Multiple Choice

Identify the choice that best completes the statement or answers the question.
-Medical identity theft is

• A)stealing the insurance group identification number of a patient.
• B)obtaining an individual's SSN from the Internet to use or to steal their money.
• C)taking the place of a patient in a hospital bed to receive treatment for your medical problem.
• D)obtaining personal medical information for use in submitting false claims or seeking medical care or goods.

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Definitions:

Quarterly Payroll

The total amount of wages paid by a business to its employees in a three-month period.

Ordinary Simple Interest

A method of calculating the interest charge on a loan based on the principal amount, interest rate, and time.

360-Day Year

Refers to an accounting simplification where a year is assumed to have 360 days instead of 365 or 366, commonly used in financial calculations.

Landscape Company

A business specializing in designing, implementing, and maintaining outdoor gardens and spaces, often including planting, hardscaping, and lawn care services.