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Please answer 4 out of the 6 questions of your choice. Each question can be answered within at least 1.5 tyepwritten pages, double spaced. St.

Please answer 4 out of the 6 questions of your choice. Each question can be answered within at least 1.5 tyepwritten pages, double spaced.

image text in transcribed St. Joseph's University HAD 555 OL4 Fall2015 Accounting for Health Care Organizations Final Exam Questions: Please Answer 4 out of 6 questions of your choice. Each question can be answered within at least 1.5 typewritten pages ,double spaced. 1. List and discuss 5 techniques to improve working capital management that will maximize the yield of short term cash and cash equivalents r and minimize the cost of short term borrowing. Include in your discussion the types of management accounting reports used to monitor cash flow plan compliance. 2. Explain the difference between weighted average, LIFO and FIFO inventory costing methods and their impact on inventory balance sheet measurement and net profit reporting. 3. Owners of bonds and preferred stocks are considered primarily creditors of a business. However, in some instances they also have the capability of becoming corporate owners. a. Describe the situations where debt make be converted into common stock equity b. Explain the difference between preferred stocks and bonds in terms of the level of risk in being able to receive interest payments. What types of protection do these debt instruments have to reduce investor's anxiety ? c. What advantages do tax exempt bonds have to both the bond holder and the bond issuer ? 4. Many tax-exempt health care organizations are required to use fund accounting ?What advantages does fund accounting provide to maintain compliance to Generally Accepted Accounting Principles? 5. How do solvency and liquidity ratio measurements help predict the survival of a health care service organization in a competitive market ? 6. What investment advantages are provided by using accelerated depreciation accounting methods in for-profit health care service organizations

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