FIP Principles Are Based on a Belief in Which of the Following

question 22

Multiple Choice

FIP principles are based on a belief in which of the following?

• A)Accountability of the record holder
• B)Responsibility of the record holder
• C)Mutuality of interest between the record holder and the individual
• D)Privacy of the individual
• E)Difference between the interests of the individual and commercial organizations

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Definitions:

Maternity Clothes

Specialized apparel designed to accommodate a woman's body during pregnancy for comfort and style.

Long-Term Care Insurance

Insurance designed to cover the costs of long-term care services, including assisted living and home care.

Itemized Deduction

Deductions taxpayers may claim for certain personal expenses, as opposed to taking the standard deduction, potentially reducing taxable income.

Personal Property Taxes

Taxes imposed on movable properties, such as vehicles or equipment, as opposed to real estate or fixed property.