Choose the Best Answer

question 9

Multiple Choice

Choose the best answer. Enlisting a third party, such as an insurance company or contractor, to take ownership or responsibility for a risk is an example of:

• A) avoiding a risk by removing its source.
• B) accepting a risk.
• C) rejecting an unacceptable risk.
• D) transferring a risk.
• E) reducing a risk to an acceptable level through controls or preventative measures.

Recognize the principles of taxation and their application in policy justification.

Identify concepts of horizontal and vertical equity in taxation.

Describe the characteristics and effects of progressive, proportional, and lump-sum tax systems.

Understand the benefits principle of taxation and its application.

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Definitions:

Incentive Spirometer

A device used to help patients improve the functioning of their lungs, especially after surgery or a lung illness.

Auscultation

The act of listening to the sounds made by the internal organs of the body, typically using a stethoscope, as part of a medical examination.

Pulse Oximetry

A non-invasive test that measures the oxygen saturation level of the blood, indicating how well oxygen is being sent to parts of the body furthest from the heart.

Follow-Up

The act of continuing to monitor or assess a situation, patient, or process after an initial intervention or check-up.