Which of the Following Is True

question 60

Multiple Choice

Which of the following is true?

• A)​A depression is a recession that is mild and relatively brief.
• B)​The expansions and contractions of real world business cycles last varying lengths of time and often differ in magnitude.
• C)​The timing of business fluctuations is regular and therefore easily predictable.
• D)​During the contractionary phase of the business cycle, the rate of unemployment is generally quite low.

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Definitions:

Charge Slip

A document or form used to record the services rendered and the charges incurred for a patient in a medical or dental practice.

Debit Balance

Occurs when the amount paid is less than the total due.

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.