The equity section of the Statement of Net Assets of a private not-for-profit hospital may contain which of the following descriptions?
A. Net Investment in Capital Assets, Restricted, and Unrestricted Net Position.
B. Nonspendable, Committed, Restricted and Assigned.
C. Permanently Restricted, Temporarily Restricted, and Unrestricted.
D. Fiduciary, Proprietary, and General.
Answer: C
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What will be an ideal response?
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