Both public and private sector health care organizations measure transactions and events similarly, but use different equity accounts.
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Q3: Private for-profit health care organizations follow FASB
Q4: Both commercial and private sector not-for-profit hospitals
Q5: Because they are engaged in business-type activities,
Q6: As both the FASB and the GASB
Q7: The AICPA Health Care Guide applies to
Q9: The AICPA Health Care Guide provides additional
Q10: The AICPA Audit and Accounting Guide: Health
Q11: Not-for-profit business-oriented health care organizations use accrual
Q12: Government hospitals are typically considered engaged in
Q13: Government owned hospitals follow FASB Statements 116
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