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Assignment: Health Care Finance
Question I. Explain the different types of budgets commonly used by healthcare facilities:
i. Annual budgetii. Authorized personnel budgetiii. Capital budgetiv. Expenditure budgetv. Statistical budgetvi. Revenue budgetvii. 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.
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