Describe the budget development process for an actual nursing facility. If you work in a nursing facility, you will need to talk with the administrator or some other individual who is responsible for the budget.
Define the following terms: Accounts receivable Allowance for doubtful accounts Bad debt Billing charge Contractual allowance Internal Controls FIFO Capital Expenditure Compliance Audit Inventory Turnover Rate Operating Expense Reimbursable Cost Perpetual vs. Periodic Inventory (research) Resident Trust Account In a one to two-page essay, describe what a nursing home must do in order to write […]