Which of the Following Volunteer Services Is Most Likely to Be

question 35

Multiple Choice

Which of the following volunteer services is most likely to be reported by a nongovernmental not-for-profit hospital as contribution revenue and an expense?

• A) Community members who plant flowers on the grounds once a year in the spring.
• B) Volunteers in the gift shop who work a few hours a day serving customers.
• C) Nurses from a religious organization who volunteer to assist in the care of critically ill children.
• D) An accountant who is a member of the board of directors.

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Definitions:

Planning Budget

A financial plan that estimates future income, expenditures, and resources over a specific period, often used for setting performance benchmarks.

Revenue Formulas

Equations or calculations used to determine the amount of money a company generates from its business activities, typically through sales.

Patient-visits

A term used in healthcare to describe the instances in which a patient visits a healthcare provider or facility for services or consultation.

Planning Budget

A financial plan that estimates the income and expenditures for a future period, often used as a guide for financial decision making.