Question
A hospital would show Contractual Adjustments from insurance companies and Medicare Adjustments as a) A non-operating gain b) A liability c) A deduction from revenues
A hospital would show Contractual Adjustments from insurance companies and Medicare Adjustments as
a) A non-operating gain
b) A liability
c) A deduction from revenues (contra-revenue)
d) An expense
Which of the following hospital volunteers would cause both an income and expense to be recorded?
a) Volunteers in the gift shop who work a few hours a day stocking shelves.
b) Candy stripers (volunteers who run errands and help visitors find their destinations, etc.)
c) Community members who plant flowers on the grounds once a year in the spring.
d) A doctor donates time to help with public health screenings for diabetes and heart disease.
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