Nonprofit hospitals are required to include a performance indicator in their operating statements called "Excess of revenue over expenses," that excludes unrealized gains and losses on investments and net assets released from restrictions.

Question

Quizplus · Accepted Answer

The performance indicator, Excess of revenues over expenses, is separated from other factors causing the net increase in net assets without donor restrictions, including changes in net unrealized gains and losses on investments and net assets released from restrictions.

Nonprofit Hospitals Are Required to Include a Performance Indicator in Their