Not-for-profit health care entities are distinguished from voluntary health and welfare organizations in the following manner:
A) Health care organizations provide health care services while voluntary health and welfare organizations do not.
B) Health care organizations use accrual accounting whereas voluntary health and welfare organizations do not.
C) Health care organizations do not provide services to individuals who are unable to pay.
D) Health care organizations are considered to be primarily business-oriented whereas voluntary health and welfare organizations raise a significant portion of their money from voluntary contributions.
Correct Answer:
Verified
Q66: Which of the following is a required
Q72: A donor contributed $1,000,000 to a not-for-profit
Q73: A hospital reported the following uncollectible amounts:
$
Q74: A private sector,not-for-profit hospital received a pledge
Q75: A donor pledged $500,000 to a not-for-profit
Q78: Which of the following health care organizations
Q81: According to the AICPA Audit and Accounting
Q88: Identify income items which should not be
Q89: Which of the following is true regarding
Q97: Private health care organizations follow _ standards
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents