Hospice Care Is Specifically Intended for Patients Whose Life Expectancy

question 59

Multiple Choice

Hospice care is specifically intended for patients whose life expectancy is

• A)2 years or less.
• B)1 year or less.
• C)6 months or less.
• D)1 month or less.

---

Definitions:

Supplies Account

An account that tracks the cost of supplies consumed or on hand.

Adjusting Entry

An accounting record entry made at the conclusion of an accounting period to distribute income and expenses to the correct period.

Purchased

The act of acquiring goods or services in exchange for money, often recorded in accounting as an increase in assets or expenses.

Insurance Policy

A contract between an insurer and a policyholder specifying the claims which the insurer is legally required to pay in exchange for an upfront premium.