Author Question: Balance sheet accounts are not considered real accounts. a. True b. False Indicate whether the ... (Read 119 times)

saliriagwu

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Balance sheet accounts are not considered real accounts.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

In the statement of revenues, expenses and changes in net assets, expenses of government hospitals should be reported by:
 
  a. Natural classifications.
  b. Department.
  c. Function.
  d. Either by natural classification or by function



canderson530

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Answer to Question 1

False

Answer to Question 2

D



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