3. It is a fund for work-connected injury, sickness, disability and death with cash income benefit, medical, rehabilitation and related services. * ЕЕ ER ЕС ED
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- A Voluntary Health & Welfare NFP would include which of the following financial statements in its basic financial statements? Statement of financial position and statement of activities Statement of financial position, statement of activities, and statement of cash flows Statement of financial position, statement of activities, statement of cash flows, and statement of functional expenses Statement of financial position, statement of activities, and statement of functional expenses Choose oneDefine charitable contributionsIdentify each of the following items as a capital expenditure (C), an immediate expense (E), or neither (N). question 42 attached in ss thanks for help appreicated riwjgoihjwoi wtiohw
- which of the following is operational income : other revenues, investment income , patient service revenue charitable contribution, premium revenuesMulitple choice question When are liabilities recognized for the federal Social Security program? Select one: a. When benefits are paid to the recipients b. When benefits are earned by the recipients c. When benefits are due and payable at the end of a reporting period d. When the social security trust fund receives cash from employees and employersIdentify and describe the personal risk that is mitigated by the purchase of disability income insurance;
- What is the charitable contributions?Discuss the key differences between cash and accrual accounting? Explain why most health entities use accrual accountingIf an individual renders services for a creditor who in consideration thereof cancels his existing debt, the cancellation of indebtedness may amount to a Gift Donation intervivos Payment of income Capital contribution
- Why is the statement of functional expenses required for voluntary health and welfare organizations?Which is an example of a fiduciary fund? Group of answer choices a.) a pension fund, where resources are held in financial trust until an employee retires. b.) a signa fund, which accounts for all government signas for every unit c.) an internal service fund, which accounts for services provided to one governmental unit by another2 how May a testamentary charitable trust be more beneficial to a donor than to an inter vivid charitable transfer?
