When Determining How Long You Must Retain Paper or Computerized

question 2

Multiple Choice

When determining how long you must retain paper or computerized health information and health records, you consult

• A) Your organization's legal counsel.
• B) Your state laws.
• C) Centers for Medicare and Medicaid Services guidelines.
• D) All of the above.

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Definitions:

Yield Rate

The return on an investment, expressed as a percentage, accounting for the interest or dividends received from holding the investment.

Face Value

The nominal value or dollar value of a security stated by the issuer, typically referring to the value stated on a coin, banknote, stamp, or bond.

Straight-Line Method

A depreciation method that allocates an asset's cost evenly over its useful life.

Accrued Interest

Interest that has been incurred but not yet paid, typically reported as a liability on the balance sheet until it is paid out.