Selected answer allocation answers distributio n

Selected
Answer:
Allocation

Answers: Distributio
n
Allocation
Control
Depreciati
on
 Question 45
2 out of 2 points
Which employee of the nursing facility is primarily responsible for using compiled
information to generate reports on the financial standing of the facility?
 Question 46
2 out of 2 points
A nursing facility has assets of $295,000 and liabilities of $225,000. What is its working
capital?
 Question 47
0 out of 2 points
The owner of a facility decides to take money out of the company to purchase a car for
his personal use. He asks the bookkeeper to not record the withdrawal in the books, as
it's all his money, anyway. This is an example of a violation of which of the following

generally accepted accounting principles (GAAP)?
 Question 48
2 out of 2 points
The accounting concept by which each debit recorded in a journal must be matched by a
credit of equal amount is known as which of the following?
Selected
Answer:
Double-
entry
Answers: Accrual
Depreciati
on
Double-
entry
Profit/loss
 Question 49
2 out of 2 points
Which of the following is are likely examples of a revenue center in a nursing facility?
Select all that apply.

Physical
therapy
Laundry
services
Hospice care
 Question 50
2 out of 2 points
A nursing facility's cash on hand is $47,100 and its accounts receivable is $71,250. Its
liabilities equal 93,800. Which of the following is the quick ratio for this facility?
Sunday, February 21, 2021 7:49:07 PM EST