The Sarbanes-Oxley Act

question 60

Multiple Choice

The Sarbanes-Oxley Act:

• A)requires financial institutions to ensure the security of customer data.
• B)specifies best practices in information systems security and control.
• C)imposes responsibility on companies and management to safeguard the accuracy of financial information.
• D)outlines medical security and privacy rules.
• E)identifies computer abuse as a crime and defines abusive activities.

Determine the effects of amortization and depletion on net income.

Understand the basic principles of medical coding, including code assignment and the significance of various codes.

Learn the specific abbreviations used in medical coding and their meanings.

Understand the difference between inpatient and outpatient coding practices.

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Definitions:

Rebate

A partial refund given to someone who has paid too much for tax, rent, or a utility.

Mailbox Rule

The mailbox rule is a legal principle that an offer is considered accepted once the acceptance is properly placed in the mail, even if it is lost or delayed.

Effective Upon Dispatch

Effective upon dispatch refers to the principle that certain actions, such as the sending of a notification or document, are considered effective from the moment they are sent, not when they are received.

Reasonable Expectation

refers to what an average person might foresee or predict as a likely outcome under certain circumstances, often used as a standard in legal and ethical considerations.