Which of the following are reported for government hospitals but not for nongovernment, not-for-profit hospitals?

Question

Quizplus · Accepted Answer

Deferred inflows of resources are reported for government hospitals but not for nongovernment, not-for-profit hospitals. This is because government hospitals follow governmental accounting standards which include the recognition of deferred inflows of resources, a concept not applicable in the accounting standards for nongovernment, not-for-profit hospitals.

Which of the Following Are Reported for Government Hospitals but Not