Not-for-profit businesses-oriented organizations, investor-owned health care enterprises and governmental health care organizations all must prepare a Statement of Changes in Equity.

Question

Quizplus · Accepted Answer

Investor-owned health care enterprises prepare a Statement of Changes in Equity. Not-for-profit business-oriented organizations prepare a Statement of Changes in Net Assets and Governmental Health Care Organizations prepare a Statement of Revenues, Expenses and Changes in Fund Net Position.

Not-For-Profit Businesses-Oriented Organizations, Investor-Owned Health Care Enterprises and Governmental Health