accounting important for health care organizations

accounting important for health care organizations

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1. Why is accounting important for health care organizations?
2. Is it appropriate for health care organizations to make a profit?

 

 

3. Is it reasonable to assume that the numbers reported on financial statements will be precisely accurate?

 

 

4. Why is there a strong focus on liquid assets?

 

 

5. Who can restrict the use of the organization’s assets? Who can remove restrictions?

 

 
6. What is the difference between charity care and a bad debt?
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