An unrestricted balance sheet category used in health care reporting to show limitations on the use of assets due to bond covenant restrictions and governing board plans for future use is called:

A. Temporarily restricted net assets.
B. Assets whose use is limited.
C. Unrestricted net assets.
D. Permanently restricted net assets.


Answer: B

Business

You might also like to view...

Federal Unemployment Tax Act (FUTA) taxes are paid by employees only

Indicate whether the statement is true or false

Business

Which of the following factors forms the basis of assessing sponsorship activities through supply-side methods?

A) consumers' brand knowledge B) impact on sponsor's bottom line C) extent of media coverage D) brand exposure reported by consumers E) sales pattern of sponsored products

Business

Applications that can be integrated with other software to create new useful applications are called _____.

A. mashups B. compilers C. utilities D. coders

Business

The existence or occurrence assertion as related to cash is concerned with proper classification on the balance sheet

a. True b. False Indicate whether the statement is true or false

Business