An overview of the basic concepts of financial management, with a focus on health care financing.
# 127088 | 250 words | 0 sources | APA | 2008 |
Published on Dec 01, 2008 in Accounting (Financial) , Accounting (Managerial) , Business (Finance, Investment and Banking) , Medical and Health (General)
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This paper answers a variety of questions defining financial management terms and explains how the student sees his/her personal experiences with the health care financial system helping in the course.
From the Paper:"The primary goals of financial management are to maximize the wealth of the shareholders and minimize their risks. Short-term refers to investments of one year or less. Accounting and finance differ in that accounting is a recording process for handling a business's financial transactions while finance is a broader term that refers to markets and money. Financial accounting is external to the organization and tends to be historical, while managerial accounting is internal to the organization and tends to be predictive. Health care financing is one..."
Cite this Term Paper:
Financial Management (2008, December 01) Retrieved July 06, 2020, from https://www.academon.com/term-paper/financial-management-127088/
"Financial Management" 01 December 2008. Web. 06 July. 2020. <https://www.academon.com/term-paper/financial-management-127088/>