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Describe the difference between cash and accrual accounting. Give us three examples of when you might use bench marking in Healthcare. In your opinion, what

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Describe the difference between cash and accrual accounting. Give us three examples of when you might use bench marking in Healthcare. In your opinion, what are the 5 most important financial ratios and WHY? What is the difference between strategic and operational planning? What is working capital and how does it tie to a cash budget? Why would an organization choose to lease equipment instead of purchasing it? How would you image organizations that do not engage in meaningful strategic planning would look like? What is the difference between revenue and profit? What is the difference between charges and net patient service revenue

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