The new law also made some big changes when it comes to depreciation by allowing full expensing on certain investments such as equipment up to a specified limit; this means businesses can write off these costs immediately instead of having depreciate them over time like before thus providing a more fast track way now reclaiming money spent purchasing assets needed run operations while still keeping balance sheet intact.

In contrast Accelerated Cost Recovery System (ACRS) was introduced during 1980s which primarily replaced previous “straight line” approach used calculating allowable deductions when comes taking depreciation expenses. This system allowed firms take larger chunks out each year opposed spreading write-offs out evenly across its useful life leading faster recovery costs tied asset purchases – although cost incurred initially may been higher than under older methods long term benefits outweighed short ones depending company’s financial situation overall.

My opinion ACRS generally favorable given how companies were able quickly recoup their investments addition benefiting from incentive being able deduct certain amounts taxable incomes based amount profits reported annually; however it should be noted there were some drawbacks too such not allowing same degree flexibility when comes exchanging assets different classes (e.g., machinery furniture). Despite drawbacks though I believe ACRS has proved itself invaluable tool modern day taxation processes since it allowed many organizations maximize savings terms what owed governments while simultaneously stimulating economy overall through increased reinvestment returns generated via accelerated recoveries eligible assets over years gone byethat you are an individual charged with data stewardship. In 500 words, provide a detailed explanation of the following:

1. What is the role of a data steward?
2. Why is it important to have someone responsible for managing health care data?
3. How do they ensure that regulations, policies, and procedures related to the use of health care data are followed?

A Data Steward is a person or team responsible for ensuring proper management and usage of data within an organization. They are responsible for collecting and organizing relevant information in order to help make better decisions regarding any activity that involves data such as analyzing trends, allocating resources, or making predictions about future outcomes. The role of the Data Steward does not end at simply collecting this information though; they must also strive towards improving quality assurance measures by developing strategies on how to best store, protect, maintain accuracy and integrity throughout its life-cycle (from collection to disposal). Furthermore Data Stewards should be actively involved in discussions about ethical considerations raised when dealing with healthcare data given its sensitive nature (for example privacy concerns due its potential misuse).

It is important to have someone responsible for managing healthcare data because it serves as a critical resource which can inform decision makers across different departments whether they be doctors prescribing treatments or administrators devising hospital budgets; however without clear oversight many organizations run into issues such as mismanagement leading either inaccurate results being reported due incorrect inputting/calculations or more serious matters like breach in security where unauthorized personnel gain access confidential records etc.

Data Stewards should ensure that any regulations, policies and procedures related to healthcaredata follow strictly established guidelines set forth by governing bodies such as HIPAA which requires that only certified professionals access patient information while appropriately protecting against threats from unauthorized persons; additionally they might require internal review processes whereby multiple staff members examine every change made before implementing ensuring accuracy reliability during times constant flux when new technologies enter play . Ultimately though their main goal remains same: ensure safe storage secure exchange robust analysis all forms medical so those working field can better serve populations under their care well providing high quality services those most need them