Author Question: A government hospital would not report which of the following as part of operating income? a. ... (Read 49 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
A government hospital would not report which of the following as part of operating income?
 
  a. Premium fees.
  b. Unrestricted donations.
  c. Donations restricted for a specific operating purpose.
  d. All of the above are reported in operating income.

Question 2

A post-closing trial balance should be prepared before the financial statements are prepared.
 a. True
  b. False
 
   Indicate whether the statement is true or false



Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

B

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

The human body produces and destroys 15 million blood cells every second.

For a complete list of videos, visit our video library