A Hospital's Accounting Year Ends on June 30

question 4

Multiple Choice

A hospital's accounting year ends on June 30.Which of the following events requires the hospital to record an expense accrual at June 30?

• A)it hires nurses on June 28 and tells them to start working on July 5
• B)it orders a new piece of equipment on June 20 for installation on July 10
• C)its staff works during the week ended June 30,but is not paid until July 5
• D)it receives a delivery of medicines on June 20,which are not used until July

---

Definitions:

Special Characters

Symbols or characters that are not found on a standard keyboard, used to perform specific functions or to represent specific values.

User Accounts

Profiles or identities created for individuals in a system or software, allowing them access to their personal preferences and data.

Rights

Legal, social, or ethical principles of freedom or entitlement; the fundamental norms about what is allowed of people or owed to people.

User Accounts

Digital profiles that represent individuals within a system or platform, enabling them to access services, perform tasks, and save preferences.