If income is measured when cash is received, and expenses are measured when cash is spent, then a hospital is operating on what type of accounting basis?

Name: If income is measured when cash is received, and expenses are measured when cash is spent, then a hospital is operating on what type of accounting basis?
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Question

Quizplus · Accepted Answer

If income is measured when cash is received, and expenses are measured when cash is spent, then a hospital is operating on a cash basis.

If Income Is Measured When Cash Is Received, and Expenses