you are the new appointed chief information officer (CIO) of an 80-bed long-term care (LTC) facility. The chief executive officer (CEO) needs a system security evaluation of the organization’s information systems for documentation for The Joint Commission (TJC) to reaffirm the facility’s accreditation. In an APA-style Word document, develop a System Security Evaluation. Identify key evaluation criteria that will cover both physical and technical safeguards.

The project deliverables are as follows:

• System Security EvaluationUse Word
• Title pageCourse number and name
• Project name
• Your name
• Date
• Assessment of physical and technical safeguards in place to protect health information from any type of threat
• Evaluation criteria for the assessment should include the following:Initial phase
• Security certification
• Security accreditation
• Continuous monitoring
• Security certification documentation
• Security plan content

Parry Corp. acquired new equipment for $1,200,000 in 20X6. For accounting purposes, the equipment will be depreciated over five years, straight-line, with a full year’s depreciation in the first year. For income tax purposes, Parry can take CCA over the next three years of $120,000 in 20X6, $216,000 in 20X7, and $175,000 in 20X8. Parry’s income tax rate is 34%.

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Required:

For each 31 December 20X6 through 20X8, determine:

1. The tax basis for the equipment.
2. The accounting basis for the equipment.
3. The cumulative amount of the temporary difference relating to the equipment.
4. The balance of deferred income tax asset or liability that would be reported on the statement of financial position.
5. The amount of the deferred income tax adjustment.