Which of the Following Statements Is True About Health Information

question 26

Multiple Choice

Which of the following statements is true about health information technology?

• A) The health industry has lagged behind other industries in adopting technology for the business of health care.
• B) The health industry has led other industries in adopting technology for the business of health care.
• C) Data storage capabilities are limited in health care.
• D) Handheld computers are not yet used in health care.
• E) The security of health care records is not a concern in health care.

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Definitions:

Discount Rate

In finance, the rate used to calculate the present value of future cash flows, reflecting the risk and time value of money.

Salvage Value

This refers to the projected remaining worth of an asset upon reaching the conclusion of its operational lifespan.

Payback Period

The time it takes for an investment to generate an amount of income or cash equal to the cost of the investment.

Depreciation

Depreciation is the method of allocating the cost of a tangible or physical asset over its useful life.