Unit 1: Writing Assignment What is revenue/inflow? Name the revenue for your personal household. What is expense/outflow? Name an expense for your personal household.What can you do if you are not ma

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Unit 1: Writing Assignment

  • What is revenue/inflow? Name the revenue for your personal household. What is expense/outflow? Name an expense for your personal household.

What can you do if you are not making enough money to cover your expenses?

  • What qualities are important for a CFO?
  • What does a governing body do?
  • Name a for-profit and a not-for-profit healthcare organization. How important is the form of ownership to healthcare finance?
  • Who are the stakeholders in for-profit hospitals? In not-for-profit hospitals?

    • What are generally accepted accounting principles (GAAP)? How are they used?
  • How can a difference in financial goals lead to appreciably different behavior among healthcare administrators?

    • Answer the questions about Cost-Shifting and Cost-Cutting found at the end of Chapter 4 (page 119 in textbook). Show all work.
    • Requirements: Minimum of 750 words; APA format.
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