Gloria Wrote a Paper on the AICPA Core Competencies for Her

question 53

Multiple Choice

Gloria wrote a paper on the AICPA core competencies for her accounting information systems class.She organized the paper in three main parts: broad business perspective competencies, functional competencies, conceptual framework competencies.In terms of the UMUC criteria for information evaluation, which of the following statements is most true?

• A)Gloria must add at least one section for the paper to have sufficient coverage.
• B)Gloria must add one section and delete one section for the paper to have sufficient coverage.
• C)Unless the paper is published within six months, it will not be current.
• D)The section on conceptual framework competencies must discuss all elements of the conceptual framework.

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Definitions:

Medicare Payment

Payments made by the Medicare program to healthcare providers for services rendered to Medicare beneficiaries.

Medicare

A federal health insurance program in the United States for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease.

Medicaid

A healthcare program for low-income individuals and families in the United States, funded jointly by the state and federal government.

Fixed Costs

Costs that remain constant regardless of the level of production or services provided by a company.