This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When a hospital uses funds for internal record-keeping purposes, Specific Purpose Funds are those ... (Read 62 times)

jjjetplane

  • Hero Member
  • *****
  • Posts: 556
on: Jul 5, 2018
When a hospital uses funds for internal record-keeping purposes, Specific Purpose Funds are those that are:
 
  a. limited as to use by hospital trustees to specific purposes
  b. restricted by donors or grantors to specific operating purposes
  c. restricted by donors or grantors to specific operating or capital purposes
  d. restricted by any legal agreement, such as a bond agreement or a trust arrangement

Question 2

To close a revenue account with a credit balance, debit the account for its balance and credit the income summary account.
 a. True
   b. False
   Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

flexer1n1

  • Sr. Member
  • ****
  • Posts: 373
Reply #1 on: Jul 5, 2018
Answer to Question 1

b

(Use of funds)

Answer to Question 2

True


jjjetplane

  • Member
  • Posts: 556
Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Cerebral angiography. The four angiograms each reveal the distribution of blood vessels supplying th Cerebral angiography. The four angiograms each reveal the distribution of blood vessels supplying th
Computerized Patient Record (CPR) Computerized Patient Record (CPR)
Record the first puff and this final reading for each cylinder. The final readings should all be ... Record the first puff and this final reading for each cylinder. The final readings should all be ...
A funnel is one way to visualize the diagnostic process. The purpose is to narrow the possible ... A funnel is one way to visualize the diagnostic process. The purpose is to narrow the possible ...
Comparing Internal Structures of the Planets Comparing Internal Structures of the Planets
Internal Defenses Internal Defenses
Video: Calvin Cycle Explained!

For a complete list of videos, visit our video library