Daniel, an Auditor, Is Performing a Routine Review of a Not-For-Profit

question 24

Multiple Choice

Daniel, an auditor, is performing a routine review of a not-for-profit hospital and notes the following account balances in the statement of activities for the fiscal year ending September 30, 2017: What amount should the hospital report as net patient service revenue in its statement of activities for the fiscal year ending September 30, 2017?

• A) $4,080,000
• B) $4,140,000
• C) $4,030,000
• D) $4,410,000

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