The Health Insurance Portability and Accountability Act (HIPAA) Security Rule

question 17

True/False

The Health Insurance Portability and Accountability Act (HIPAA) Security Rule specifies specific software applications that are required for two-factor authentication.

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Definitions:

Organization Costs

Expenses related to the formation of a corporation, partnership, or other entity, such as legal and accounting fees.

Amortized

The gradual reduction of a debt over a period of time through regular payments of principle and interest.

Intangible Assets

Assets that lack physical substance but hold value for a company, such as patents, trademarks, and goodwill.

Required Disclosure

Information that companies are obligated to provide in their financial reports to ensure transparency and to comply with regulatory standards and accounting principles.