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The Security Rule Addresses Four Areas in Order to Provide

question 16

Multiple Choice

The Security Rule addresses four areas in order to provide sufficient physical safeguards. Which of the following is NOT one of them?


Definitions:

Bondholders

Individuals or entities that hold the debt securities issued by corporations or governments, entitled to receive the bond's interest payments and the return of principal.

Tax Deductible

Expenses that can be subtracted from gross income to reduce the total amount of income on which tax is assessed.

Bankruptcy

A court-managed method enabling individuals or companies that are unable to pay off their debts to pursue reprieve for either a portion or the entirety of what they owe.

Bearer Form

Bond issued without record of the owner’s name; payment is made to whoever holds the bond.

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