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Author Question: Which of the following statements of a government hospital is not required? a. Statement of cash ... (Read 24 times)

Jkov05

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on: Jul 5, 2018
Which of the following statements of a government hospital is not required?
 
  a. Statement of cash flows
  b. Balance sheet
  c. Statement of revenues, expenses and changes in net assets
  d. Statement of changes in fund balances

Question 2

The General Fund contributes 40,000 to an Internal Service Fund to subsidize the purchase of a capital asset. The contribution is not considered to be an interfund loan. The Internal Service Fund will report this contribution as a
 
  A. Transfer in.
  B. Capital contribution.
  C. Nonoperating revenue.
  D. Direct equity adjustment to restricted net position.


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briseldagonzales

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Reply #1 on: Jul 5, 2018
Answer to Question 1

D

Answer to Question 2

B


Jkov05

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  • Posts: 556
Reply 2 on: Jul 5, 2018
Excellent

scottmt

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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