The practice of and ability to seize upon novel opportunities that become apparent during the conduct of business is known as:
A. bricolage.
B. causal reasoning.
C. leveraging contingencies.
D. bootstrapping.
Answer: C
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St. Mary's Medical Center performed charity care at a cost (supplies etc.) of $21,000. The standard charge to patients for these services is $63,000. How much should the hospital recognize as revenue?
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