Budgeting and Variance Analysis
Unit outcomes addressed in this Assignment:
Explain how budgeting is used as part of the planning process in a healthcare organization.
Assess variance analysis and how it is used by management.
Calculate various types of cost variances.
Course outcome addressed in this Assignment:
HA520-5: Describe the overall planning process and the key components of the financial plan.
HA520-6: Apply financial management skills of performance measurement and financial controls in organizations.
Title: Healthcare Finance
Edition: 6th (2016)
Publisher: Health Administration Press
Book ISBN: 978-1567937411