Healthcare Financial Management Study Guide Graded A+

interest {Ans: Expense incurred with borrowed money.}managerial accounting costs {Ans: Present and future costs that help management make better decisions.}Working Capital {Ans: Organization's current assets for short-term operations}Statement of Cash Flows {Ans: Report showing cash receipts and disbursements}charitable organization {Ans: An organization that provides community benefit or serves the public interest. In the case of healthcare, a hospital is a charitable organization if it provides care to people who cannot pay for their care or provides community health benefits.}direct apportionment {Ans: A cost allocation method that moves costs from departments that do not generate revenue to departments that do generate revenue.}