The GASB Requires Business-Type Health Care Organizations to Prepare Which

question 62

Multiple Choice

The GASB requires business-type health care organizations to prepare which of the following financial statements?

• A) Statement of revenues, expenses, and changes in net position; statement of net position; and statement of cash flows.
• B) Statement of operations; statement of net assets; and a statement of cash flows.
• C) Statement of revenues, expenses, and changes in net position; and statement of net position.
• D) Statement of activities; statement of net position; statement of changes in net position; and statement of cash flows.

---

Definitions:

Social Exchange Theorist

A scholar or researcher who studies how human relationships are formed and sustained based on the principles of mutual exchange of resources, benefits, and costs.

Conflict Theorists

are scholars and sociologists who analyze social life by focusing on the distribution of power and the conflicts that result from differing interests and social inequalities.

Laboratory Experiments

Controlled tests carried out in a lab setting to study behaviors, reactions, or phenomena under replicated conditions.

Clinical Research

is the study of health and illness in people, focusing on improving knowledge of diseases, developing diagnostic methods, and finding new treatments or cures.