Although the __________ Owns the Physical or Electronic Record, the _________

question 19

Multiple Choice

Although the __________ owns the physical or electronic record, the _________ owns the information in the record.

• A) patient; patient
• B) facility; patient
• C) facility; facility
• D) patient; facility

---

Definitions:

Ordinary Simple Interest Rate

The standard method of calculating interest, typically based on the original loan amount, rate, and time.

360-Day Year

A conventional method in finance where the year is assumed to have 360 days for simplifying interest rate calculations, commonly used in commercial lending.

Exact Simple Interest

Interest calculated based on the actual number of days in the loan period divided by the exact number of days in a year, typically 365 or 366.

365-Day Year

A conventional method used in finance that assumes all years have 365 days for the purpose of interest calculation.