What is the basis for the People's Republic of China's current economic system?
A. Government ownership of all businesses and economic resources
B. Private ownership of all business enterprises
C. Competition between state-run entities and private businesses
D. Congressional planning of industrial output and consumption
Ans: C. Competition between state-run entities and private businesses
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All of the following represent alternative approaches to the traditional budget-preparation process except which one of the following?
a. Master budgeting. b. Kaizen budgeting. c. Continuous-improvement budgeting. d. Activity-based budgeting (ABB) e. Time-driven activity based budgeting (TDABB)
Which one of the following statements about HIPAA is not true?
a. HIPAA required the U.S. Department of Health and Human Services to make rules for patient privacy and computer security that the hospitals must follow. b. HIPAA required health care facilities must follow. c. HIPAA required the U.S. Department of Health and Human Services to make rules for all medical insurance carriers to follow. d. Answers a and c.