In what ways are reporting for public and private not-for-profit health care organizations similar? Group of answer choices

Both public and private organizations adhere to FASB standards. 

The AICPA Audit Accounting Guide: Health Care Organizations applies equally to both public and private organizations.

Both public and private organizations may choose to report expenses by either their natural or functional classifications.

Both public and private organizations submit the same statements. None of the above

Answer rating: 100% (QA)

The detailed answer for the above question is provided below Out of the options you provided the mos... View the full answer