One of the Advantages of CAATS Software Is That It

question 78

True/False

One of the advantages of CAATS software is that it can replace the auditor's judgment in specific areas of an audit.

---

Definitions:

Credit Balance

The amount of money in a financial account that is available for withdrawal or use, exceeding what is owed.

Business Associate Agreement (BAA)

A contract between a healthcare provider and a business associate that handles protected health information (PHI) to ensure the associate will protect the PHI in compliance with HIPAA regulations.

Protected Health Information (PHI)

Any information within the healthcare setting that can be used to identify an individual and that was created, used, or disclosed in the course of providing a healthcare service, such as diagnosis or treatment.

Business Associate Agreement (BAA)

A contract between a HIPAA-covered entity and a third-party service provider in which the service provider agrees to safeguard PHI (Protected Health Information) in compliance with HIPAA regulations.