Question
The purpose of this discussion is to describe information required to prepare a budget. For tips on how to complete the required online discussions, watch
The purpose of this discussion is to describe information required to prepare a budget. For tips on how to complete the required online discussions, watch the discussion basics video.
1. Read:Discussion Background
To make a budget you need to know the expenses, and incoming revenues. By understanding the incoming revenues, you can understand the money that is available to fund the company. Then you can outline all the essential expenses that must be paid. Next, you can list all the non-essential items and decide what is needed so that you can stay within your budget.
answer all three parts of the initial prompt below
- Explain how you would decide which items would be considered essential in a healthcare setting.
- Explain how you would decide which items would be considered non-essential in a healthcare setting.
- What information would you need to make a budget for a health care facility?
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