With Respect to Recording and Reporting

question 17

Multiple Choice

With respect to recording and reporting:

• A)you will also receive a written assignment sheet from your client
• B)the format of written personal care provider assignments will be the same from agency to agency
• C)agencies never combine the assignment sheet and the client's daily record on the same form
• D)make sure that you follow your agency's policies and procedures

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Definitions:

Operating Activities

Day-to-day actions conducted by a business to generate income, such as sales, providing services, and other core business operations.

Indirect Method

A technique, often used in cash flow statements, that adjusts net income for non-cash transactions to compute cash flow from operating activities.

Net Income

Net Income is the total revenue of a company minus all expenses and taxes, representing the profit earned during a specific period.

Net Cash

The amount of cash a company has after all its cash inflows and outflows have been accounted for, often used in the context of operating, investing, and financing activities.