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:

HR Director

A high-level executive responsible for overseeing an organization's human resources department and implementing policies related to employee management and development.

State Unemployment

Government-provided assistance for individuals who have lost their jobs and meet certain eligibility requirements.

Compensation Tax

Taxes applied on income, especially income generated from work or compensation for services.

Labor Department

A government body responsible for overseeing employment laws, workplace safety, and labor statistics.