Discuss effect of choices on revenue recognition principles

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Discussion Post: Management Information System

Before the end of the unit, begin commenting on at least two of your classmates' responses. You can ask technical questions or respond generally to the overall experience. Be objective, clear, and concise. Always use constructive language, even in criticism, to work toward the goal of positive progress. Submit your responses in the Discussion Area.

Question I. 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.

Question II. Discuss the effect of the choices on revenue recognition and matching principles.

Question III. 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.

Reference no: EM133468913

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