Representing supervisors and their employees as separate entities ...

[littleanan]

Representing supervisors and their employees as separate entities in the model can lead to data redundancy.
  Indicate whether the statement is true or false

Question 2

A not-for-profit hospital purchased stock for 11,000 in March but by December 31, its fair value had dropped to 8,000 .
 
  Assuming the hospital didn't sell the stock at December 31, how should the unrealized loss be reported in the hospital's operating statement?
   a. it should report the loss below Excess of revenues over expenses
   b. it should report the loss as a direct addition to net assets
   c. it should report the loss before Excess of revenues over expenses
   d. it should not report the loss. The stock should be reported at cost.

[iceage]

Answer to Question 1

T

Answer to Question 2

a