Summative Assessment: Financial Information Table

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The Chief Financial Officer (CFO) of the hospital has asked for assistance. The CFO wants to create a document for new employees that explains financial information and the way it is used to evaluate a health care organization. You are being asked to explain important concepts regarding the use of financial information.

Using the information found in Ch. 7, “Fraud, Internal Control, and Cash,” and Ch. 9, “Reporting and Analyzing Long-Lived Assets,” of Accounting, respond to each question in the “Requireed Elements” column in the Financial Information Table below.

Thoroughly answer each question in your own words and provide a 100-word response for each question. This means the total word count for this assignment is 1,000 words.

Cite at least 3 scholarly sources to support the answers to the questions.

Format your citations and references according to APA guidelines.

Financial Information Table
Required Elements Response
How is financial information used to operate a health care organization on a day-to-day basis? Insert your response here.

What are the 3 factors of computing depreciation? Provide 1 example for each. Insert your response here.

What are 2 different types of depreciation? Insert your response here.

What is sustainable income? Provide 1 example. Insert your response here.

What is meant by discontinued operations? Provide 1 example. Insert your response here.

What is meant by comprehensive income? Provide 1 example. Insert your response here.

What are alternative accounting methods? Provide 1 example. Insert your response here.

What is pro forma income? What is its purpose? Insert your response here.

What are the 3 basic tools for financial statement analysis? Explain each. Insert your response here.

Sample Solution

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How evidence and policy have informed your delivery of person-centred midwifery care

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Critically reflect on how evidence and policy have informed your delivery of person-centred midwifery care using a case study of your choice

Sample Solution

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Health Policy Values

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Write a paper of 750-1,000 words examining the influence of your personal values and beliefs on your thoughts regarding health care policy. The assignment has been started by the student. Please revise and complete the assignment.

Include the following in your response:

1) Describe your personal values and spiritual beliefs.

2) Using the elements of cost, quality, and social issues to frame your description, discuss your beliefs and opinions about health care policy. Give examples of relevant ethical principles, supported by your values.

3) Analyze how factors such as your upbringing, spiritual or religious beliefs/doctrine, personal and professional experiences, and political ideology affect your current perspective on health care policy.

4) Examine any inconsistencies you discovered relative to the alignment of your personal values and beliefs with those concerning health policy. Discuss what insights this has given you.

Sample Solution

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Punishing people for unethical behavior

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Choose TWO of the questions below and write a response to each question.

Section 1: To what extent is it fair or unfair to punish people for unethical behavior, as long as they were operating within the law?

Section 2: If you were interviewing for multiple jobs, and you could not find a future employer with both of these traits, which would be more important to your employment decision…working for a boss with character or competence? Explain your opinion.

Section 3: If you answer business emails and phone calls during your personal time during nights and weekends, is it okay to arrive at work late, leave early or take extended lunch breaks? Why or why not?

Section 4: Do agree that ethical leaders can have unethical conduct present in any part of their organizations? Why or why not?

Section 5: If you were an employee at any of these organizations, what (if anything) could you have done to be a positive ethical influence at these companies, even in an entry level position?

Sample Solution

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