Questions from Accounting for Government and Non-Profit


Q: What key reporting options are available to government colleges and universities?

What key reporting options are available to government colleges and universities?

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Q: What are the key reporting options for private colleges and universities?

What are the key reporting options for private colleges and universities?

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Q: In what significant ways would each of the three major statements of

In what significant ways would each of the three major statements of a public university differ from those of a private university?

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Q: Rosewood Cancer Hospital, a county hospital, has the following assets

Rosewood Cancer Hospital, a county hospital, has the following assets: 1. $4 million restricted by third-party reimbursement agreements to be used to replace radiology equipment. 2. Cash and investmen...

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Q: Indicate four significant criteria that “operational objectives” should satisfy.

Indicate four significant criteria that “operational objectives” should satisfy.

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Q: Why is it more important for governments and not‐for‐

Why is it more important for governments and not‐for‐profit organizations than for businesses to report on service efforts and accomplishments?

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Q: Discuss the financial and nonfinancial measures that are important in evaluating the

Discuss the financial and nonfinancial measures that are important in evaluating the fiscal wherewithal of health care organizations.

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Q: Describe at least three limitations, both actual and potential, of

Describe at least three limitations, both actual and potential, of SEA indicators, and tell how they might be overcome.

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Q: Why is it advantageous to budget for capital outlays apart from operating

Why is it advantageous to budget for capital outlays apart from operating expenditures?

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Q: In a management letter following its year‐end audit of the

In a management letter following its year‐end audit of the North Country Hospital, the not‐for‐profit hospital’s independent audit firm questioned the adequacy of the hospital’s accounts receivable al...

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