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 72 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
YES! Correct, THANKS for helping me on my review

ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Retrograde pyelogram. A contrast medium is injected into the ureter using a cystoscope, and the X-ra Retrograde pyelogram. A contrast medium is injected into the ureter using a cystoscope, and the X-ra
Atherosclerosis. (a) A sectioned coronary artery that exhibits an accumulation of fatty plaque, whic Atherosclerosis. (a) A sectioned coronary artery that exhibits an accumulation of fatty plaque, whic
External and internal positions. External and internal positions.
Oceanic Crust Has a Well-defined Internal Structure Oceanic Crust Has a Well-defined Internal Structure
The isotope record The isotope record
A police record search of 250 incoming Grade 10 at a Secondary School shows that 26 had been ... A police record search of 250 incoming Grade 10 at a Secondary School shows that 26 had been ...
Video: Muscular System Animation

For a complete list of videos, visit our video library