The Format for a Not-For-Profit Health Care Entity's Statement of Operations

question 20

True/False

The format for a not-for-profit health care entity's statement of operations is the same as that for other types of not-for-profits; the FASB requires a different title on the statement since most revenues are derived from user charges.

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Definitions:

Equal Variances

A term referring to situations where different samples or populations have similar or identical variability or spread in their data.

ANOVA

A statistical method, Analysis of Variance, used to compare the means of three or more samples to understand if at least one sample mean significantly differs from the others.

Hypothesis

A supposition or proposed explanation made on the basis of limited evidence as a starting point for further investigation.

Test For Equality

A statistical method used to determine if two or more groups have statistically significant differences in means.