What Is the Basis of Accounting Used in Accounting for Not-For-Profit

question 6

Multiple Choice

What is the basis of accounting used in accounting for not-for-profit health care organizations?

• A)​fund accounting
• B)​accrual basis
• C)​modified accrual basis
• D)​cash basis

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Definitions:

Consciousness

The state of being aware of and able to think about one’s own existence, sensations, thoughts, surroundings, and experiences.

Somnambulism

Also known as sleepwalking, it is a behavior disorder that originates during deep sleep and results in walking or performing other complex behaviors while asleep.

Excessive Daytime Sleepiness

A condition characterized by persistent sleepiness and often a lack of energy during the day, even after adequate nighttime sleep.

Insomnia

A sleep disorder characterized by difficulty falling or staying asleep, affecting daytime functioning and quality of life.