Which three categories of net position are reported by governmental hospitals?

Question

Quizplus · Accepted Answer

Governmental hospitals report three categories of net position: net investment in capital assets, restricted, and unrestricted. Net investment in capital assets represents the portion of the hospital’s assets that are invested in capital assets, such as buildings and equipment. Restricted net position represents resources that are subject to external restrictions, such as grants or donations that are designated for specific purposes. Unrestricted net position represents resources that are available for the hospital to use for any purpose.

Which Three Categories of Net Position Are Reported by Governmental