Budgeting and Accounting Overview

  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 asked to explain important concepts regarding the use of financial information. Complete Parts 1 and 2 below. Part 1: Financial Information In the second column, thoroughly answer each question from the first column in your own words. In the third colum, provide a specific example related to the question and your response. Each response should be at least 50 words. Cite at least 2 scholarly sources to support the answers to the questions (one can be the textbook).