Positive and Negative Effects of Using the Cash For the Business Discussion

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Positive and Negative Effects of Using the Cash For the Business Discussion

  • Select two different types of HCOs and consider the most positive and most negative effects of using the cash versus accrual accounting method for the business.
  • Discuss the effect of the choices on revenue recognition and matching principles.
  • Compare and contrast the following items, pointing out their key elements: gross revenue and net revenue, patient service revenue and other revenue, and charity care and bad debt losses on the income sheet