HSM 260 Week 1 CheckPoint Definition Scavenger Hunt
CheckPoint: Definition Scavenger Hunt
Define each of the following basic accounting terms in your own words by finding sources on the Internet.
Provide the URL that supports the definition you have created for each item.
GAAP
Basic accounting formula
Transaction, t-account
General ledger
Debit
Credit
Account balance
Trial balance
Journal
Assets
Liabilities
Net assets
Accounts receivable
Accounts payable
Revenues
Post your definitions as a Microsoft® Word attachment.
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A budget systems model is the foundation from which budgeting systems can be used to evaluate the success of an agency or company. How are performance budgeting systems used to evaluate the efficiency and effectiveness of a human service agency? Why is this important?
There are four forecasting techniques described in the text. Briefly describe the merits of each one and identify the one you feel is most beneficial in forecasting for a human service organization.
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Assignment: Foundations Paper
Select one of the following funding organizations:
United Way of America
The Robert Wood Johnson Foundation
The Bill & Melinda Gates Foundations
Health Resources and Services Administration
A community foundation in your area
Write a 700- to 1,050-word paper describing the organization and the projects it supports.
Format using APA guidelines.
Post your final draft as a Microsoft® Word attachment....