ACC - Cleveland Clinic provides a functional classification of expenses

Question # 00041457 Posted By: jia_andy Updated on: 01/12/2015 02:37 AM Due on: 02/12/2015
Subject Accounting Topic Accounting Tutorials:
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Use the 2013 financial at www.clevelandclinic.org statements for Cleveland Clinic found

Question1
1. Cleveland Clinic provides a functional classification of expenses

A. Nowhere in the report
B. In the notes to the financial statements
C. in the Statement of Functional Expenses
D. in the Operating statement

2. Cleveland Clinic would be which of the following types of organizations?
B. A business-oriented not-for-profit organization
C. A governmental organization organized as a n
D. A proprietary organization

3. What percentage of net patient service r in the most recent tear?
A. Cannot be determined from the report
B. 7%
C. 93%
D. 61%
4. What amount (in thousands) of the balance ow is expected to be uncollectible from
A: 410945
B: 181010
C: 182405
D: 313440

5. How much does Cleveland Clinic expect to co (in thousands)?
A. 0

B. 55675
C. 135457
10. D. 44896
E. Cannot be determined

6.What is the cost of charity care provided in the most recent  
A. cannot be determined from the report
B. some other amount
C. 171 million
D. 155 million

7. Cash received from restricted gifts is con statement of cash flows?
A.operatingactivity
B.Doesnotappearinthestatementofcashflow
C.Financialactivity
D.Investingactivity

8. Which of the following is true regarding the a
A. There is no indication that a single audit was conducted
B. A single audit was conducted
C A single audit was not conducted because this
The single audit act.
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  1. Tutorial # 00040366 Posted By: jia_andy Posted on: 01/12/2015 02:37 AM
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