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Deinstitutionalization in the 1950s Was a Great Success, Thanks to the Careful

question 86

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Deinstitutionalization in the 1950s was a great success, thanks to the careful and advance planning of community mental health programs.


Definitions:

Cash Basis

An accounting method where revenues and expenses are recognized when cash is received or paid, as opposed to when they are incurred.

Statement of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations and external investment sources.

Accrued Expenses

Expenses that have been incurred but not yet paid or recorded by the end of the accounting period.

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