HCA 270 Assignment Accounting Practices and Entries
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Accounting practices and principles are at the heart of financial management. To understand the financial transactions of health care organizations, it is necessary to understand the different types of accounting practices and how entries are made and items recorded using each practice.
Due Date: Day 7 [Individual forum]
Write a 700- to 1,050-word paper in APA format comparing and contrasting the different types of accounting, namely accrual, cash flow, and fund accounting.
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HCA 270 Capstone Discussion Question
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Due Date: Day 3 [Main forum]
Post your response to the following: What are two principles of financial management that you will likely use in your future career? How will you use them, and why are they important? Explain your answer.
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HCA 270 CheckPoint: Present and Future Value
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Resource: Ch. 5 of the text
Due Date: Day 5 [Individual forum]
Calculate the future value of the following:
$5,000 compounded annually at 6% for 5 years
$5,000 compounded semiannually at 6% for 5 years
$5,000 compounded quarterly at 6% for 5 years
$5,000 compounded annually at 6% for 6 years
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HCA 270 CheckPoint: Revenue Variance Analysis
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Resource: Ch. 8 of Financial Management
Due Date: Day 5 [Individual forum]
Review variance analysis in Ch. 8 of the text.
Determine the revenue variance from Arcadia Hospital’s 2005 budget.
Address the following: Is the variance positive or negative? Which is desirable, a positive or...