24 May Question To participate in the following discussions, go to this week’s Discussion link in the lef
Question
To participate in the following discussions, go to this week’s Discussion link in the left navigation.
- Understanding Flexible Budgets
Read Assignment 1 in Chapter 16 and in 300-350 words, answer the following questions:
- What are the roles played by a budget and how many budget types are available?
- Under what conditions is a flexible budget likely to be more effective than a forecast budget?
Respond to at least two of your classmates’ posts.
- Strategic Planning and Financial Planning
Read Chapter 13 and in 300-350 words, answer the following questions:
- What is your understanding of strategic planning and financial planning?
- What if financial planning is not aligned with strategic planning? What are the consequences? You are encouraged to select a healthcare organization to answer these two questions
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