According to AICPA Health Care Guide, which of the following should not be included in the determination of a performance indicator for a health care organization?
A. Receipt of temporarily or permanently restricted contributions.
B. Transfers among affiliated organizations.
C. Transactions with the owners, other than in exchange for services.
D. All of the above should be excluded.
Answer: D
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Which of the following is an example of a consumer product-oriented promotion?
A) couponing B) off-invoice allowance C) rebates D) premiums
Odonnel Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $36,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 10,000 direct labor-hours.The estimated total manufacturing overhead is closest to:
A. $64,000 B. $28,000 C. $36,000 D. $36,003
The user of a(n) ______ conflict style attempts to resolve conflict by passively giving in to the opposing side.
A. negotiating B. avoiding C. forcing D. accommodating
Customer A,Smith owed Stonebridge Electronics $225
On April 27, 2016, Stonebridge determined this account receivable to be uncollectible and wrote off the account. The company uses the direct write-off method. On July 15, 2016, Stonebridge received a check for $225 from the customer. How should the July 15, 2016 transaction be recorded? A) July 15 Cash 225 Accounts Receivable - A. Smith 225 B) July 15 Accounts Receivable - A. Smith 225 Bad Debt Revenue 225 July 15 Cash 225 Accounts Receivable - A. Smith 225 C) July 15 Cash 225 Bad Debt Expense 225 D) July 15 Accounts Receivable - A. Smith 225 Bad Debt Expense 225 July 15 Cash 225 Accounts Receivable - A. Smith 225