Unit 1: Writing Assignment
- What is revenue/inflow? Name the revenue for your personal household. What is expense/outflow? Name an expense for your personal household.
What can you do if you are not making enough money to cover your expenses?
- What qualities are important for a CFO?
- What does a governing body do?
- Name a for-profit and a not-for-profit healthcare organization. How important is the form of ownership to healthcare finance?
- Who are the stakeholders in for-profit hospitals? In not-for-profit hospitals?
- What are generally accepted accounting principles (GAAP)? How are they used?
- How can a difference in financial goals lead to appreciably different behavior among healthcare administrators?
- Answer the questions about Cost-Shifting and Cost-Cutting found at the end of Chapter 4 (page 119 in textbook). Show all work.
- Requirements: Minimum of 750 words; APA format.