Based on the video, explain two (2) advantages and two (2) disadvantages in
using both the cash and the accrual basis of accounting.
- Then, determine the one (1) that you believe provides the most useful financial information to users.
- Identify at least two (2) types of businesses that would benefit by preparing financial statements using either the cash or accrual basis of accounting.
- Justify your response.
400 t0 600 words
You are the manager in a health care organization, and you have been directed to come up with a plan to cut your budget by 5%. Discuss the following:
- What expenses will you cut? Justify the cuts you choose.
- Describe how these cuts will affect patient-centered care.
- Include both positive and negative effects.
Provide at least 1 reference for this discussion.
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