Which of the following would be included in the unrestricted funds of a not-for-profit hospital? a. Permanent
Question:
Which of the following would be included in the unrestricted funds of a not-for-profit hospital?
a. Permanent endowments.
b. Term endowments.
c. Board-designated funds originating from previously accumulated income.
d. Funds designated by the donor for plant expansion and replacement funds.
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Answer c Boarddesignated funds originating from previously accum...View the full answer
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Related Book For 
Advanced Financial Accounting
ISBN: 9781260165111
12th Edition
Authors: Theodore Christensen, David Cottrell, Cassy Budd
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