Demonstrate the ability to perform break-even analysis

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Reference no: EM133554598

Assignment: Health Care Finance

Question I. Explain the different types of budgets commonly used by healthcare facilities:

i. Annual budget
ii. Authorized personnel budget
iii. Capital budget
iv. Expenditure budget
v. Statistical budget
vi. Revenue budget
vii. Cash budget

Question II. Compare top-down (authoritarian) budgeting and bottom-up (participatory) budgeting.

Question III. State the difference between incremental budgeting and zero-base budgeting.

Question IV. Discuss the process of amending the budget during the year, including the use of budget controls and budget amendments.

Question V. Explain the budget development process for smaller medical facilities.

Question VI. Demonstrate the ability to perform break-even analysis.

Textbook: Cengage 2nd edition: Introduction to Health Care Finance and Accounting- Carlene Harrison and William P. Harrison. Chapter 8.

Reference no: EM133554598

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