The Timely Flow of Information Is Critical to Institutional Survival

question 14

Multiple Choice

The timely flow of information is critical to institutional survival. Which of the following statements about interfaces is accurate?

• A)Interfaces use an open systems technology provided by the vendor.
• B)Interfaces require installation of a Health Level Seven (HL7) device.
• C)Interface connections between different information systems are invisible to the user.
• D)Interfaces physically join two or more disparate information systems.

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Definitions:

Real Interest Rates

The interest rate adjusted for inflation, reflecting the real cost of borrowing and the true return on savings.

Tax-exempt Interest Payments

Interest income that is not subject to federal income tax.

Riskier Loans

Loans that have a higher chance of default, often associated with higher interest rates to compensate for the increased risk.

Pure Rate

In finance, often refers to the interest rate or yield on a security that is devoid of any risk, representing the cost of borrowing without the influence of risk factors.