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1. Hospital financial resources are required by a bond indenture to be set aside to finance construction of a new pediatrics facility. In which of
1. Hospital financial resources are required by a bond indenture to be set aside to finance construction of a new pediatrics facility. In which of the following hospital net asset classes should these resources be reported? a. Permanently restricted b. Temporarily restricted c. Unrestricted d. Refundable deposits 5. Ross Hospital's accounting records disclosed the following information: Net resources invested in plant assets (hospital policy is to release donor restrictions when assets are placed in service) Board-designated funds. $10,000,000 2,000,000 What amount should be included as unrestricted net assets? a. $12,000,000 b. $10,000,000 c. $2,000,000 d. $0
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