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 45 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
Wow, this really help

kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

A specific human chromosomal landscape A specific human chromosomal landscape
Internal structures of the eye Internal structures of the eye
A medical assistant performs a spirometry test using electronic health record software. A medical assistant performs a spirometry test using electronic health record software.
Special Purpose Checks Special Purpose Checks
Internal female reproductive tract. Internal female reproductive tract.
Internal structure of the nose—lateral view Internal structure of the nose—lateral view
Video: What are Strong & Weak Acids and How they're different?

For a complete list of videos, visit our video library