1. The primary value of accounting information is that such information:
a. Serves as a basis for comparing performance among departments
b. Serves as a guide to determining long-term gains
c. Aids the nursing facility administrator in decision-making
d. Provides a basis for reimbursement
2. Short-term financial commitments are normally met by the nursing facility's:
a. Fund equity
b. Liquidity ratios
c. Net working capital
d. Accounts receivable