Traditional budget and cash budget

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1. Discuss the advantages/disadvantages of conventional budgeting versus zero-based budgeting. Is one more useful during economic downturns? During economic upturns?

2. What are the differences in purpose between a traditional budget and a cash budget?

3. Canada's government Healthcare system had early problems, how was it solved. Do you see problems arising from the solution?

4. Briefly describe the planning process in healthcare organizations. Be sure to include summaries of the strategic, operating, and financial plans.

5. If you were the CEO of Bayside Memorial Hospital, would you advocate a top-down or a bottom-up approach to budgeting? Explain your rationale.

6. Explain the relationships among the static budget, flexible budget, and actual results.

Reference no: EM132906970

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