Minimum of 1500 words
Minimum of 2 references
APA style please
1. What are some nonmonetary statistics--besides labor hours and patient volume--that have a direct effect on the financial management of a health care organization? Are there statistics that do not translate into a monetary effect?
2. What are some typical sources of historical information that would be available to you inside your organization to use in the creation of a budget? What sources of information would you find and use from outside of your organization?
3. Why is it important to agree on the definition of and calculation of the expenses that you might manage in an organization?
4. What are some positive or favorable budget variances, and what are all of the steps you might take if you developed such variances?
Thanks for the help.
I am not shy in making negative comments if you post a solution that does not meet the stated requierements here.
On the other hand I will post a really nice POSITIVE comment if you post an excellent solution.
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