The operating budget for a Physical Therapy Department is shown...

The operating budget for a Physical Therapy Department is shown below for the fiscal years of 2003 and 2004. Both the revenue and expense amounts are presented for both years.

1. The department was more profitable in 2004 than 2003

True

False

Unknown

2. The major source of revenue in 2003 was Outpatient Charges

True

False

Unknown

3. More people attended the Continuing Education Conferences in 2004 than 2003

True

False

Unknown

4. The biggest increase in expenses between 2003 and 2004 was Utilities

True

False

Unknown

5. The Department added new people to the staff after 2003

True

False

Unknown

6. Laundry and linen costs in 2003 were $12,640

True

False

Unknown