What are the differences between recording a hospitals expenses by natural classication than by function?

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What are the differences between recording a hospital’s expenses by natural classiﬁcation than by function?

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Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118155974

6th edition

Authors: Michael H. Granof, Saleha B. Khumawala

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Question Posted: Aug 13, 2014 12:03 PM

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What are the differences between recording a hospitals expenses by natural classication than by function?

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Per FASB statement No 117 expenses may be classified using either a natural classifica...View the full answer

Government and Not for Profit Accounting Concepts and Practices

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