Health Care Budget

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HCS 577 HCS577 Week 5 Individual Assignment Health Care Budget

Write a 1,000 word paper in which you do the following:

Discuss which financial management practices are most effective in creating and monitoring an operating budget.
Discuss which financial management practices are least effective in creating and monitoring an operating budget.

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Your paper should cover all of the following the key concepts from the reading:

Creating an operating budget

Top-down vs. bottom-up budgeting
Zero-Based budgeting
Conventional budgeting
Statistics budget

Monitoring an operating budget

Cost allocation methods
Variance analysis
Benchmarking

Format your assignment consistent with APA guidelines.

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