In the statement of revenues, expenses and changes in net position, expenses of government hospitals should be reported by

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Quizplus · Accepted Answer

Government hospitals typically report expenses either by natural classification (such as salaries, supplies, utilities) or by function (such as outpatient services, inpatient services). This flexibility allows for reporting that best suits the organization's needs and provides clear information to stakeholders.

In the Statement of Revenues, Expenses and Changes in Net