Health care organizations that are privately owned and operated to provide a return to investors follow which standards:
A) GASB.
B) FASB, including standards specifically for not-for-profits.
C) FASB, excluding standards specifically for not-for-profits.
D) None of the above.
Correct Answer:
Verified
Q49: Not-for-profit businesses-oriented organizations, investor-owned health care enterprises
Q50: Health care entities may be private, not-for-profit,
Q51: While governmental health care organizations follow GASB
Q52: Unlike Investor-owned health care enterprises, not-for-profit business-oriented
Q53: The equity section of governmentally-owned hospitals includes
Q55: The AICPA Audit and Accounting Guide: Health
Q56: Health care entities may be private not-for-profit,
Q57: The AICPA Audit and Accounting Guide: Health
Q58: The cash flow statements of health care
Q59: The AICPA Audit and Accounting Guide: Health
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