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Chapter 16

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Accounting for Health Care Organizations

Frage 1 von 10

1

Which of the following kinds of volunteer service is most likely to be reported by a private hospital as contribution revenue and an expense?

Wähle eine der folgenden:

  • Community members who plant flowers on the grounds once a year in the spring.

  • Volunteers in the gift shop who work a few hours a day serving customers.

  • Nurses from a religious organization who volunteer to assist in the care of critically ill children.

  • An accountant who is a member of the board of directors.

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Frage 2 von 10

1

A contribution that is restricted by the donor to be held in perpetuity and for which the investment income can be spent at the discretion of a nongovernmental, not-for-profit hospital's governing board, will be reported as an increase to

Wähle eine der folgenden:

  • Permanent funds.

  • Current restricted funds.

  • Permanently restricted net assets.

  • Specific purpose assets.

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Frage 3 von 10

1

Which of the following statements is true about diagnosis-related groups (DRGs)?

Wähle eine der folgenden:

  • DRGs are the basis for a cost accounting method that groups costs together by departments performing the services.

  • A DRG is a case-mix classification scheme that is used to determine the payment provided to the hospital for inpatient services, regardless of how much the hospital spends to treat a patient.

  • The federal Medicare system of retroactive payment for services depends on DRGs.

  • The diagnostic-related groups method is the prevailing practice of billing third-party payors for a health care organization's average cost for providing care for locally defined similar medical conditions.

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Frage 4 von 10

1

Assets whose use is limited by contracts or agreements with outside parties other than donors or grantors are labeled

Wähle eine der folgenden:

  • Temporarily restricted net assets.

  • Designated net assets.

  • Assets limited as to use.

  • Restricted assets.

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Frage 5 von 10

1

Contractual adjustments that arise from differences between the gross charge for patient services and the amount paid by a third party payor are reported as

Wähle eine der folgenden:

  • Deductions from gross patient revenue in arriving at net patient revenue.

  • Disclosures in the notes to the financial statements.

  • Either deductions from gross patient revenue or disclosure in the notes, depending on the dollar amount of the adjustments relative to billings.

  • Bad debt expense.

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Frage 6 von 10

1

If the equity/net assets section of the balance sheet (or statement of net assets) is comprised of unrestricted net assets, temporarily restricted net assets, and permanently restricted net assets, then the health care organization is

Wähle eine der folgenden:

  • Public, governmental.

  • Private, nongovernmental.

  • Commercial or proprietary.

  • Cannot be determined.

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Frage 7 von 10

1

Which of the following statements is not true regarding generally accepted accounting principles (GAAP) applicable to health care organizations?

Wähle eine der folgenden:

  • Private hospitals follow guidance from the GASB.

  • Public health care organizations follow guidance from the GASB.

  • The AICPA Audit and Accounting Guide Health Care Organizations provides guidance for public, private, and for-profit health care entities.

  • Both for-profit and not-for-profit health care organizations follow guidance from the FASB.

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Frage 8 von 10

1

Which of the following would be an appropriate performance indicator for a not-for-profit health care organization?

Wähle eine der folgenden:

  • Revenues.

  • Excess of revenues and gains over expenses and losses.

  • Expenses and losses.

  • Contributions to long-lived assets.

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Frage 9 von 10

1

The statement of activities required by SFAS No. 117 for not-for-profit health care entities must display changes for the period in which of the following categories of net assets?

Wähle eine der folgenden:

  • Unrestricted, temporarily restricted, and invested in capital assets.

  • Unrestricted, temporarily restricted, and permanently restricted.

  • Unrestricted, restricted, and invested in capital assets.

  • Unreserved fund balance and reserved fund balance.

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Frage 10 von 10

1

SFAS No. 117 requires that interest received on endowment funds be reported in the statement of cash flows as a(n)

Wähle eine der folgenden:

  • Reconciliation of change in net assets to cash.

  • Operating activity.

  • Investing activity.

  • Financing activity.

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