A hospital decides to adopt the accrual method of


A hospital decides to adopt the accrual method of accounting. The accountant wants to make sure that generally accepted accounting principles GAAP are followed. How will revenue be recognized using this approach? 1) prior to the delivery of services, 2) During negotiation periods, 3) upon receipt of cash, 4) when earned.

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Financial Management: A hospital decides to adopt the accrual method of
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