Discuss variance between budget and actual and determines areas for further examination.Zelman, W., McCue, M., Millikan, A., & Glick, N. (2009). Financial management of health care organizations (3rd ed.). Blackwell Publishing.
Complete problem #17 on page 496, Cutting Edge Surgery Center.
>Distinguished and explain:
Discusses variance between budget and actual and determines areas for further examination.
Discusses service related revenues and variance identifying areas for further examination.
Presents side by side budget, flexible budget estimate, and actual surgical volume.
Presents and explains change in volume and change in rate.
>Reference below
Reference:
Zelman, W., McCue, M., Millikan, A., & Glick, N. (2009). Financial management of health care organizations (3rd ed.). Blackwell Publishing.
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