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Test Bank Accounting Fundamentals for Health Care Management 3rd Edition Steven A. Finkler
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Test Bank Accounting Fundamentals for Health Care Management 3rd Edition Steven A. Finkler
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[Solved] Test Bank Accounting Fundamentals for Health Care Management 3rd Edition Steven A. Finkler
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Chapter 1: Introduction to Health Care Accounting and Financial Management
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1) Distinguish between managerial and financial accounting.
Ans: Managerial accounting is forward looking, and focuses on generating the information needed to aid decision making by managers. Financial accounting is backward looking, and reports what has already happened.
2) Give three reasons why health care organizations need to generate and ac...
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