Which of the Following Is Not True Regarding Financial Reporting

Which of the following is not true regarding financial reporting of health care entities?

A) It is important to distinguish operating revenues and expenses from nonoperating.
B) It is important to distinguish between current and noncurrent assets and liabilities.
C) Private sector organizations use a three-category format for the Statement of Cash Flows, and public sector organizations use a four-category format.
D) Private sector organizations use accrual accounting, while public sector organizations use modified accrual.