Geography, 13.03.2020 19:13 evelyngarcia99
The Horizon Healthcare Foundation was formed to solicit donations that support certain initiatives of the Horizon Hospital. The Foundation is a separate legal entity that meets all the relevant IRS criteria for foundations. David, the hospital controller, has prepared an operating budget for the coming year that includes all revenues and expenses of the foundation within the hospital’s budget. Peggy, the hospital CFO, tells David to remove the Foundation expenses and revenues. What is correct operating budget procedure in this case?
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The Horizon Healthcare Foundation was formed to solicit donations that support certain initiatives o...
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