AHIP Health Plan Finance and Risk Management AHM-520 Question # 89 Topic 3 Discussion

AHIP Health Plan Finance and Risk Management AHM-520 Question # 89 Topic 3 Discussion

AHM-520 Exam Topic 3 Question 89 Discussion:
Question #: 89
Topic #: 3

The accounting department of the Enterprise health plan adheres to the following policies:

    Policy A—Report gains only after they actually occur

    Policy B—Report losses immediately

    Policy C—Record expenses only when they are certain

    Policy D—Record revenues only when they are certain

Of these Enterprise policies, the ones that are consistent with the accounting principle of conservatism are Policies


A.

A, B, C, and D


B.

A, B, and D only


C.

A and B only


D.

C and D only


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