a) How would you describe the dual purpose of financial management in health care today
a) How would you describe the dual purpose of financial management in health care today? (200 words)
b) What are the primary accounts that must be addressed in the year-end closing process? List these accounts, and briefly describe the procedure for each. (200 words)
c) What is meant by a pro forma financial statement? How are pro forma financial statements utilized in determining whether a major proposed project for the healthcare organization should be approved or not? Provide at least two examples of healthcare projects that should be analyzed by pro forma statement before making a go or no-go decision. (200 words)