Reference no: EM13761195
Understanding health care financial terms is a prerequisite for both academic and professional success. This assignment is intended to ensure you understand some of the basic terms used in this course.
Complete the worksheet below according to the following guidelines:
- In the space provided, write each term's definition as used in health care management. You must define the term in your own words.
- In the space provided after each term's definition, summarize a health care management scenario that illustrates the importance of the skill, concept, procedure, or tool to which the term refers. In the scenario, you may wish to consider the following:
o Why the skill, concept, procedure, or tool is necessary for accurate record keeping, operational efficiency, excellent patient services, employee management, regulatory compliance, reducing costs, forecasting, and so forth
o Successes enabled by an adequate understanding or appropriate application of the skill, concept, procedure, or tool
o Risks or failures associated with an inadequate understanding or inappropriate application of the skill, concept, procedure, or tool
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Par-value common shares
: 1. On January 2, 2011, Mize Co. issued at par $300,000 of 9% convertible bonds. Each $1,000 bond is convertible into 30 shares. No bonds were converted during 2007.
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Depreciation schedules for the equipment
: Prepare two different depreciation schedules for the equipment-one using the double-declining balance method, and the other using the straight-line method. (Round to the nearest dollar).
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Financial reporting practices and ethical standards
: Find two or three articles that address financial reporting practices and ethical standards in health care finance, including the following topics:
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Assignment on concepts of positive and normative economics
: Given the current pressures on China, Jamaica, and America expressed in the article, how would ethics play a role in decision making for financial, environmental, and cultural issues
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Prerequisite for both academic and professional success
: Understanding health care financial terms is a prerequisite for both academic and professional success. This assignment is intended to ensure you understand some of the basic terms used in this course.
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Examine the major benefits for an organization to use ssds
: Examine the major benefits for an organization to use SSDs. Analyze the major disadvantages and possible hazards that an organization should consider before adopting SSDs
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Do you see any lessons about religious tolerance today
: Do you see any lessons about religious tolerance today from the history of the persecution of the Christians in the Roman Empire?
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Prepare a make-or-buy analysis
: Prepare a make-or-buy analysis showing the annual advantage or disadvantage of accepting the outside supplier's offer.
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The elasticity of beef and eggs in regards to price changes
: Research the elasticity of beef and eggs in regards to price changes. How do supply, demand, and price controls interact to affect equilibrium price of eggs. Why do customers have a more elastic buying response to beef than to eggs
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