CHAMPVA Is A/an

question 28

Multiple Choice

CHAMPVA is a/an

• A) insurance program.
• B) service benefit program.
• C) both a and b.
• D) neither a nor b.

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Definitions:

Negligence

A failure to exercise the care that a reasonably prudent person would exercise in similar circumstances, leading to harm or damage.

Securities Exchange Act

U.S. legislation that governs the trading of securities, aimed at protecting investors and maintaining fair and orderly markets.

Fraudulent Statements

False or misleading statements made intentionally to deceive, which can result in legal action for fraud.

Audit Liability

The legal responsibility auditors face for failing to detect or report inaccuracies in financial statements.