All of the following statements are correct, except?

		Health care managers should only be concerned about the organization's long-term financial health and prospects
		managers need to be concerned about organizational liquidity
		Without adequate liquidity, organizations cannot meet current obligations, which can also lead to insolvency
		Short-term liabilities are resources we owe some outside organization or entity that we will pay within one year; long-term will be paid in more than one year
		Managerial accounting is forward looking, and focuses on generating the information needed to aid decision making by managers. Financial accounting is backward looking, and reports what has already happened