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Activities of a County Hospital That Is Organized as a Not-For-Profit

Question 15

Multiple Choice

Activities of a county hospital that is organized as a not-for-profit are likely to be reported


A) In its own financial statements, separate from the county's financial statements.
B) As an NFP organization, following FASB reporting principles.
C) As a discretely presented component unit in the county's financial statements.
D) As a blended component unit in the county's financial statements.

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