Where Does a Nongovernmental Not-For-Profit Health Care Entity Report Increases

question 1

Multiple Choice

Where does a nongovernmental not-for-profit health care entity report increases that have occurred in its temporarily restricted net assets?

• A) Statement of changes in net assets.
• B) Statement of operations.
• C) Balance sheet.
• D) Similar to governmental health care entities, it would not report the change on the face of a financial statement.

---

Definitions:

Crystallized Intelligence

The ability to use learned knowledge and experience.

Cognitive Skills

Mental abilities that involve processing information, such as thinking, reasoning, and problem-solving.

Education

The process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various means such as teaching, training, storytelling, discussion, and directed research.

Contextual Intelligence

The ability to understand and adapt to different environments and situations by applying relevant knowledge and skills.