Health Insurance Portability and Accountability Act (HIPPA) Practice Exam

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Prepare for the Health Insurance Portability and Accountability Act Exam. Study with challenging questions and explanations. Boost your understanding and ace the HIPAA quiz!

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What does the Employer Identification Number (EIN) consist of?

Three digits followed by a letter.
Two digits, a hyphen, then nine other digits.
Four digits and a special symbol.
Five random numbers.

The correct answer is: Two digits, a hyphen, then nine other digits.

The Employer Identification Number (EIN) is formatted as two digits, followed by a hyphen, and then followed by nine additional digits. This 11-digit number is used by the Internal Revenue Service (IRS) to identify businesses for tax purposes. The two-digit portion represents the IRS district where the business is located, while the nine digits that follow uniquely identify the business itself within that district. This structure helps in organizing and managing tax filings and information for businesses across the country.