Health care is provided by organizations that may be for-profit, not-for-profit, or governmental; although over half of all nonfederal health care is provided by not-for-profit entities.
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Q1: In accordance with the FASB Codification, an
Q2: Financial reporting standards for all hospitals are
Q3: A nongovernmental not-for-profit health care entity would
Q5: Under GAAP, both governmental and nongovernmental not-for-profit
Q6: The GASB and the FASB provide the
Q7: Continuing care retirement communities (CCRC) provide residential
Q8: A contractual adjustment is recorded as a
Q9: Assets set aside by the governing board
Q10: Under the FASB GAAP hierarchy the AICPA
Q11: FASB standards require that not-for-profit health care
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