A hospital should report earnings from endowment funds that are restricted to a specific operating purpose as a. temporarily restricted revenues. b. permanently restricted revenues. c. unrestricted revenues. d. unrestricted revenues when expended.
A hospital should report earnings from endowment funds that are restricted to a specific operating purpose as a. temporarily restricted revenues. b. permanently restricted revenues. c. unrestricted revenues. d. unrestricted revenues when expended.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A hospital should report earnings from endowment funds that are restricted to a specific operating purpose as
a. temporarily restricted revenues.
b. permanently restricted revenues.
c. unrestricted revenues.
d. unrestricted revenues when expended.
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