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 81 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
Excellent

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Palpation of internal carotid artery Palpation of internal carotid artery
Gender differences in activity preference are found across cultures, although the specific ... Gender differences in activity preference are found across cultures, although the specific ...
Time Estimates for Specific Office Procedures Time Estimates for Specific Office Procedures
An example of a late entry to the medical record. An example of a late entry to the medical record.
Keeping a Salad Dressing Blended To prevent the fat from separating out in a salad dressing Keeping a Salad Dressing Blended To prevent the fat from separating out in a salad dressing
cow internal cow internal
Video: Diversity of Living Creatures - Charles Darwin & the Beagle's Voyage

For a complete list of videos, visit our video library