Patient service revenues of a government hospital should be reported in the statement of revenues, expenses, and changes in net assets
a. At the standard rates charged for the service regardless of bad debts, contractual adjustments, policy discounts, etc.
b. Net of bad debts, contractual adjustments, policy discounts, and charity services.
c. Net of contractual adjustments, policy discounts, and charity services, but not net of bad debts.
d. Net of bad debts, contractual adjustments, policy discounts, etc., but not net of charity services.
Question 2
There can be only one correct logical data flow diagram (DFD) for any system.
Indicate whether the statement is true or false