7. In hospital accounting, restricted net assets are a. not available unless the board of directors removes the restrictions. b. restricted as to use only for board-designated purposes. c. not...

7. In hospital accounting, restricted net assets are

a. not available unless the board of directors removes the restrictions.

b. restricted as to use only for board-designated purposes.

c. not available for current operating use; however, the income generated by the funds is available for current operating use.

d. restricted as to use by the donor, grantor, or other source of the resources.