AHIP Health Plan Finance and Risk Management AHM-520 Question # 82 Topic 2 Discussion

AHIP Health Plan Finance and Risk Management AHM-520 Question # 82 Topic 2 Discussion

AHM-520 Exam Topic 2 Question 82 Discussion:
Question #: 82
Topic #: 2

If the Ascot health plan's accountants follow the going-concern concept under GAAP, then these accountants most likely


A.

Assume that Ascot will pay its liabilities immediately or in full during the current accounting period


B.

Defer certain costs that Ascot has incurred, unless these costs contribute to the health plan's future earnings


C.

Assume that Ascot is not about to be liquidated, unless there is evidence to the contrary


D.

Value Ascot's assets more conservatively than they would under SAP


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