The Transactions Listed in the Following Questions Occurred in a Private,not-For-Profit

question 89

Multiple Choice

The transactions listed in the following questions occurred in a private,not-for-profit hospital during 20X8.For each transaction,indicate its effect on the hospital's statement of operations for the year ended December 31,20X8.
-Transaction: A gain was realized from the sale of endowment investments.The gain is not expendable.
Effect on Statement of Operations:

• A)Increases operating income.
• B)Decreases operating income.
• C)The transaction is reported on the statement of operations,but there is no effect on operating income.
• D)The transaction is not reported on the statement of operations.

---

Definitions:

Experimental Research

A methodology in scientific studies where variables are manipulated and controlled to determine their effects on other variables.

Correlational Research

A research method that examines the relationship between two or more variables to determine if there is an association between them.

Naturalistic Observation

A descriptive technique of observing and recording behavior in naturally occurring situations without trying to manipulate and control the situation.

Internal Locus of Control

A belief system wherein individuals feel that they have control over the outcomes of events in their lives, as opposed to external forces.