Another example

Wed, 20 Apr 2016 22:06:51 GMT

In case of a PHI breach: Are you familiar with the time limits to notify patients and the Office of Civil Rights?

"If 500 or more individuals’ data was compromised, you have to make a quick report to the individuals and the Office for Civil Rights. According to HHS, you must report, “without unreasonable delay and in no case less than 60 calendar days from the discovery of the breach"

If under 500:

fewer than 500 individuals are involved, you must report to OCR within 60 days of the end of the calendar year in which the breach occurred (although you don’t have to wait), but you still have to report to those individuals within 60 days or sooner if you can.

these once again are Federal Requirements and some States may have their own requirements

Wed, 20 Apr 2016 22:13:43 GMT

A contract that automatically renews after each time period is known as

A: Evergreen Clause
B: Automatic Term
C: Renewal Clause
D: Manual Term

Answer is A an Evergreen clause is one that some companies love to put in which basically states that the contract just keeps going until one party terminates it--usually with a time period requirement such as 90 days prior to the renewal

Wed, 20 Apr 2016 22:27:10 GMT

If you do not do payroll just make sure that you are aware of the "employers portions" which Kris went over in the first part of human resources.

Same thing if you are not primarily nivolved in doing the books for your practice: When it comes to the financials review the basics: Basic Reports such as Balance Sheet, Income Statement, Cash Flow
Basic terms such as : Vendors-
Chart of Accounts (these accounts make up
your???}
answer is general ledger

General Journal Entry
What GAAP is?

This might be a good area to do some flash cards