Balance Sheet Notes Preparation and Discussion Odette A. Aquino Pérez‚ Desireé González And Edwin Reyes ACC 545 February 19‚ 2015 Prof. Rafael Marrero‚ PhD‚ MBA‚ CPA Footnotes Preparation and Discussion This week paper requires our team to prepare three notes to the balance sheet and income statement. Also‚ request us to discuss why footnotes are useful and important to financial statements. Below we have included the requested footnotes (prepared based on our experience working with a CPA Firm
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University of Phoenix Material Week Three Health Care Financial Terms Worksheet Understanding health care financial terms is a prerequisite for both academic and professional success. This assignment is intended to ensure you understand some of the basic terms used in this course. Complete the worksheet below according to the following guidelines: In the space provided‚ write each term’s definition as used in health care management. You must define the term in your own words. In the
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Week 2 discussion questions What are the largest expense categories incurred by health care service organizations? In opinion‚ one of the biggest expenses for medical facilities is unpaid services. Costs occurred from patients that are unpaid privately or not fully reimbursed from insurance companies would be one of the biggest expenses incurred in health care services. Another expense that is high on the list of expenses for health care services would be equipment and personnel
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Reporting Practices and Ethics Kara Moore HCS/405 August 1‚ 2011 Barbara Archer Reporting Practices and Ethics Financial reporting practices and ethics have manifested an ocean of literature. This has mainly come from organization theorists that address accounting practices. These theorists and professionals have given fresh accountability measures. Their ideals give this industry the tools needed to survive‚ grow and prosper. The way an organization prepares and reports its financial information
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When this assignment was first introduced I was super hesitant. In my mind this was not going to be a task that I would be able to excel at‚ due to not having enough knowledge on CalFresh and General Relief laws. However‚ my mind was quickly changed from thinking that I couldn’t do it that I totally do have the ability to be successful with this project if I chose to give it my all. Personally I think that when we had the training it was helpful‚ but I don’t think that spending three hours on the
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The Importance of Accountability Paper Michelle Payden-Wright HCS/475 March 2‚ 2015 Dr. Lawrence Fergus The Importance of Accountability Paper Accountability is important in the health care industry; it holds an individual accountable day in and day out for his and her own tasks. Holding a person accountable for their actions can also assist in creating accountability for the department‚ unit‚ organization‚ and industry level of the organization. Accountability is considered to be a performance management
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Statistics – Lab #6 Name:__________ Statistical Concepts: * Data Simulation * Discrete Probability Distribution * Confidence Intervals Calculations for a set of variables Answer: Calculating Descriptive Statistics Answer: Variable N N* Mean SE Mean StDev Minimum Q1 Median Q3 Maximum Mean 20 0 3.560 0.106 0.476 2.600 3.225 3.550 3.775 4.500 Median 20 0 3.600 0.169 0.754 2.000 3.000 3.500 4.000 5.000 Calculating
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Questions Risk Management Quality Management How does the leadership and governance of a health care organization influence the development and implementation of risk-management and quality-management policies? Determines how the organization is centered. Determines organizational culture and value (Carroll‚ 2009‚ Chapter 1). Responsibilities of caring for the patients. Preventing conflicts of interest (Carroll‚ 2009‚ Chapter 5). Requires accountability. Policies and regulations are followed. Assures
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I manage the largest production line ($200 million per year) by both volume and revenue in my department. Since I took responsibility for this production line‚ I have implemented inventory control strategies that reduce in process inventory by 20%. I have also implemented systems that reduce the potential for operational mistakes during product transitions. I worked as an engineer intern in five different roles at two Eastman manufacturing locations (Kingsport‚ TN and Longview‚ TX). I developed engineering
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Unit 6 Problem Set 1: Applying Thermal Expansion Learning Objectives and Outcomes Calculate the thermal expansions of solids and liquids. Assignment Requirements Complete the following problem. Show all of you work. The formula for the linear expansion of a solid is given by: An iron rod (α = 11.8 x 10-6 C-1) has a length of 1000 meters (or 1 km) at 0 degrees Celsius. If the rod must expand 10 cm to bridge a gap‚ to what temperature must the rod be heated? Increase in L = a*(T-To)L
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