What are the key financial policy targets for which the Board is responsible? List and explain each.

Create the strategic and financial plan for the new Cancer Center proposal within the framework of the hospital's mission statement.

Explain how management control is used in conjunction with the financial plan. Include the integration of the financial plan with management control. Indicate the phases of management control.

What are the major categories of assumptions that must be specified to project a future balance sheet? What are the set programs or activities to which the organization will commit resources during the planning period?