Organizational Behavior
Organizational Behavior
OER 2019 Edition
ISBN: 9781947172715
Author: OpenStax
Publisher: OpenStax College
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Chapter 8.3, Problem 1CC

What types of feedback do performance appraisals provide to all organization members?

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East Georgia Community Hospital enters into a contract to provide $15,000 of elective medical care to a patient. After a review of the patient's ability and intent to pay, the hospital does not expect to collect the full contract price of $15,000. However, the hospital occasionally performs "discounted" procedures to members of the community to enhance its standing in the local area. While the hospital invoiced the customer for the full amount of the services, it only expects to collect $10,000. What amount of revenue should the hospital recognize?
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