Which of the Following Is True Regarding Revenue Recognition for Health

question 41

Multiple Choice

Which of the following is true regarding revenue recognition for health care organizations?

• A) Patient service revenue is reported net of contractual adjustments.
• B) Patient service revenue includes an imputed charge for charity care.
• C) Both (a) and (b) above.
• D) Neither (a) nor (b) above.

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Definitions:

Watson

Refers to John B. Watson, an American psychologist who is considered one of the founders of behaviorism, emphasizing the importance of observable behaviors over internal phenomena like thoughts and feelings.

Humanistic Psychology

Historically significant perspective that emphasized the growth potential of healthy people and the individual’s potential for personal growth.

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of free will, self-actualization, and empathy in personal development.

Abraham Maslow

A psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.