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By Day 4 Post a comprehensive response to the following: Describe a situation in which you or someone you know had to make a major

By Day 4

Posta comprehensive response to the following:

  • Describe a situation in which you or someone you know had to make a major financial decision. This does not need to be a health-related decision. What financial information was needed to make the decision? What was the outcome of the decision? What would you do differently when making future major financial decisions?
  • Imagine that you are a manager of a multi-care clinic. You are responsible for handling financial information daily, and many of your decisions are based on how you interpret the information. Give an example of how financial information is used to make decisions in the clinic. Choose and answeronly oneof the following:
  • What are some similarities and differences between the decision-making process in the clinic compared to in making the personal decision you described earlier?
  • From the organization's point of view, what are the implications of not properly managing financial information in the clinic compared to in your personal life?
  • As the manager of a multi-care clinic, discuss how financial information would assist you in planning and forecasting for the clinic's needs.

Provide specific examples in your response. Support your post with the Learning Resources and at leastoneoutside scholarly source.

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