Which of the following is false regarding revenues of health care organizations?
A. Revenues are measured on the accrual basis.
B. Patient service revenues are to be reported net of estimated contractual adjustments in the operating statement.
C. Patient service revenue includes charge for charity care.
D. Operating Revenues are often classified as net patient service revenue and other revenue.
Answer: C
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Which of the following are issued by the SEC, as needed, to supplement Regulation S-X and Regulation S-K?
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