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The Purpose of a Performance Indicator Is to Provide an Operating

question 19

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The purpose of a performance indicator is to provide an operating measure for not-for-profit health care organizations that is equivalent to income from continuing operations of for-profit health care organizations.


Definitions:

Fire Loss

The damage or destruction of property due to fire, often assessed for insurance claims.

National Insurance

A system of compulsory payments made by employees and employers to fund various types of state benefits and healthcare.

Easements

Rights granted to use the property of another for a specific purpose, such as right of way.

Fixtures

Items that are originally personal property but become real property when attached in a permanent manner to land or a building.

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