69. The Audit Guide requires that private not-for- profit hospitals report a performance indicator on its statement of operations. Which of the following items would be included in the calculation of the per- formance indicator? • Proceeds from cafeteria sales to non- patients. • Net assets released from restrictions used for operating expenses. a. Both b. Neither c. Proceeds from cafeteria sales d. Net assets released from restrictions used for operating expenses.

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter17: Capital And Time
Section: Chapter Questions
Problem 17.5P
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69. The Audit Guide requires that private not-for-
profit hospitals report a performance indicator on its
statement of operations. Which of the following
items would be included in the calculation of the per-
formance indicator?
• Proceeds from cafeteria sales to non-
patients.
• Net assets released from restrictions used for
operating expenses.
a. Both
b. Neither
c. Proceeds from cafeteria sales
d. Net assets released from restrictions used for
operating expenses.
Transcribed Image Text:69. The Audit Guide requires that private not-for- profit hospitals report a performance indicator on its statement of operations. Which of the following items would be included in the calculation of the per- formance indicator? • Proceeds from cafeteria sales to non- patients. • Net assets released from restrictions used for operating expenses. a. Both b. Neither c. Proceeds from cafeteria sales d. Net assets released from restrictions used for operating expenses.
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