A Private Not-For-Profit Entity Estimated Its Allowance for Contractual Adjustment

question 26

Multiple Choice

A private not-for-profit entity estimated its Allowance for Contractual Adjustment. During the next year,the hospital found that the actual total of contractual adjustments applied to receivables on hand at the end of the previous year was $ 5,000 higher than the estimate. How should the difference be reported?

• A) The hospital should reduce current period net patient service revenues for the $5,000.
• B) The hospital should make a prior period adjustment to retained earnings for $5,000.
• C) The hospital should record a current period expense for the $5,000.
• D) The hospital should record a "cumulative effect of a change in accounting principle" for the $5,000.

Recognize the phases of IPT and the therapeutic goals within each phase.

Comprehend how IPT addresses client disorders through the interpersonal context, including identifying problem areas.

Understand the major interpersonal problems IPT targets, including grief, role disputes, role transitions, and social skill deficits.

Acknowledge IPT's distinctive features, including its therapeutic relationship and use of treatment manuals.

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Definitions:

Heterozygous

Having two different alleles for a particular gene, one inherited from each parent, which can lead to variation in genetically determined traits.

Polygenic

Describing a trait or condition influenced by multiple genes, contributing to the complexity of genetic inheritance and variations in phenotype.

Observable Characteristics

Traits or features of an organism that can be seen or measured, such as physical appearance and behavior.

Phenotype

The set of observable characteristics of an individual resulting from the interaction of its genotype with the environment.