Which of the Following Is Not Part of the "Regulation

question 130

Multiple Choice

Which of the following is not part of the "regulation of health insurance" provision of the Patient Protection and Affordable Care Act (ACA) ?

• A)Individuals with pre-existing medical conditions will be able to acquire health insurance.
• B)All policies must provide coverage for dependant children up to age 26.
• C)Lifetime dollar maximums on coverage will be prohibited.
• D)Limits on the size of deductibles and on waiting periods before coverage takes effect will be eliminated.

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Definitions:

Trial Balance

A bookkeeping worksheet where the balances of all ledgers are compiled into debit and credit account columns to check the accuracy of the financial transactions recorded.

Reference Column

A column in a table or spreadsheet used to hold information or data that aids in categorization or identification.

General Journal

A ledger in which all transactions are initially recorded, dated, and described.

Transposition Error

A common accounting mistake where figures are mistakenly reordered, leading to inaccurate entries and discrepancies in financial records.