HIPAA Security Standards Are Designed to Be

question 18

Multiple Choice

HIPAA Security standards are designed to be:

• A) Technology specific
• B) State of the art
• C) Non-Comprehensive
• D) Revolutionary
• E) Scalable

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Definitions:

Intangible Asset

An asset that lacks physical substance, such as intellectual property, brand recognition, and trademarks.

Uncertainty

A situation where the outcome, extent, or implications of an event or condition are unknown or unpredictable.

Discount Rate

The interest rate used to discount future cash flows of a financial instrument to obtain the present value.

Purchased Goodwill

An intangible asset that arises when a company acquires another business for more than the fair value of its net identifiable assets at the acquisition date.