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. Be sure to consider the following:
How are entries made under each type of accounting?
How does each type of accounting handle depreciation, if at all?
How is inventory accounted for?
Are there any differences between the organizations that adopt a particular accounting method?
What are the strengths and weaknesses of the various types of accounting?
Cite at least two sources other than your text.
Post your paper as a Microsoft® Word attachment.
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HCA 270 Assignment Cash Management Services
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Due Date: Day 7 [Individual forum]
Research the cash management services available at three different commercial banks.
Detail the different services available, the features of one particular service you believe to be the best, and the fees involved.
Write a 1,050- to 1,400-word paper in APA format addressing the following and explaining each of your answers:
What are the advantages and disadvantages of each bank’s offering?
Which bank and cash management service would you choose? Why?
How can using a bank’s cash management service reduce opportunity cost for a health care organization?
Post your paper as a Microsoft® Word attachment...