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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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Posts: 5977
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9 years ago
Which of the following statements is generally true about the basis of accounting used by governmental and not-for-profit hospitals?
      a.   both use the full accrual basis of accounting
      b.   both use the modified accrual basis of accounting
      c.   governmental hospitals use the modified accrual basis of accounting and not-for-profit hospitals use the full accrual basis of accounting
      d.   both use the full accrual basis of accounting; but governmental hospitals also prepare a second modified accrual basis operating statement
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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#1
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9 years ago
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goji.go Author
wrote...
#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
9 years ago
You're very welcome!
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