Question and answer
What would you consider when reviewing a budget? Under what conditions is a flexible budget more effective than a forecast budget?
When reviewing a budget always try to make it a bit flexible incase something happens that wasnt in your budget. Example: if your car breaks down, or you or someone in your family gets sick.
Expert answered|amandaxo23|Points 0|
Question
Asked 8/6/2013 7:34:06 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
what are the key components of a successful business office operation in a health care setting? what are some examples?
Weegy: First, you have to be very selective about the people you hire. There is going to be a TON of complexity, with the many insurance plans, the billing operations and the record keeping. [ There are two qualities you desperately need to have: People have to be self-starters, by this I mean, everyone in the office needs to be looking for things to do. You can't have people finish their task then just sit around and wait for someone to tell them what to do, they have to be constantly looking for someway to make use of their time. There will always be old paperwork that needs to get caught up on or minor cleaning and maintenance to be done. The boss shouldn't have to constantly be watching everyone. The second quality you need is determination. There will be a ton of jobs in the health care field, when tracking down claims and payments, that seem completely pointless, but if they're not done the business will suffer. A patient may need his insurance plan explained to him three times in painstaking detail before he gets it. You may have to make a dozen phone calls to get a single claim paid. If you don't put the time into the details, the patients will feel slighted and unimportant. Beyond that, there are a lot of cracks to have things slip through. People have to be willing to make sure that they don't create any more. Outside of the people, I would say that the filing system is also critical. Depending on what kind of operation you're running you might not have much paperwork at all to deal with (it might be entirely computerized). If you do have paper, it's critical that every chart or record can be found quickly. Losing a record will cause tons of headaches. Make sure that every process your business runs has a clearly defined method of filing and that every chart can be found. Also, a critical thing to watch is the "re-file" bin. It's o.k. to have a place to put charts to be re-filed, just make sure someone does that several times a day. The bin can easily ... (More)
Question
Expert Answered
Asked 7/31/2013 7:54:09 PM
0 Answers/Comments
what are the key components of a successful business office operation in a health care setting? what are some examples?
Weegy: First, you have to be very selective about the people you hire. There is going to be a TON of complexity, with the many insurance plans, the billing operations and the record keeping. [ There are two qualities you desperately need to have: People have to be self-starters, by this I mean, everyone in the office needs to be looking for things to do. You can't have people finish their task then just sit around and wait for someone to tell them what to do, they have to be constantly looking for someway to make use of their time. There will always be old paperwork that needs to get caught up on or minor cleaning and maintenance to be done. The boss shouldn't have to constantly be watching everyone. The second quality you need is determination. There will be a ton of jobs in the health care field, when tracking down claims and payments, that seem completely pointless, but if they're not done the business will suffer. A patient may need his insurance plan explained to him three times in painstaking detail before he gets it. You may have to make a dozen phone calls to get a single claim paid. If you don't put the time into the details, the patients will feel slighted and unimportant. Beyond that, there are a lot of cracks to have things slip through. People have to be willing to make sure that they don't create any more. Outside of the people, I would say that the filing system is also critical. Depending on what kind of operation you're running you might not have much paperwork at all to deal with (it might be entirely computerized). If you do have paper, it's critical that every chart or record can be found quickly. Losing a record will cause tons of headaches. Make sure that every process your business runs has a clearly defined method of filing and that every chart can be found. Also, a critical thing to watch is the "re-file" bin. It's o.k. to have a place to put charts to be re-filed, just make sure someone does that several times a day. The bin can easily ... (More)
Question
Expert Answered
Asked 7/31/2013 8:02:33 PM
0 Answers/Comments
What are the key components of a successful business office operation in a health care setting? What are some examples?
Weegy: The Patient Protection and Affordable Care Act (PPACA),[1] commonly called Obamacare[2][3] or the Affordable Care Act (ACA), is a United States federal statute signed into law by President Barack Obama on March 23, 2010. [ Together with the Health Care and Education Reconciliation Act, it represents the most significant government expansion and regulatory overhaul of the country's healthcare system since the passage of Medicare and Medicaid in 1965.[4] The ACA aims to increase the quality, affordability, and rate of health insurance coverage for Americans, and reduce the costs of health care for individuals and the government. It provides a number of mechanisms—including mandates, subsidies, and insurance exchanges—to increase coverage and affordability.[5][6] The law also requires insurance companies to cover all applicants within new minimum standards and offer the same rates regardless of pre-existing conditions or sex.[7][8] Additional reforms aim to reduce costs and improve healthcare outcomes by shifting the system towards quality over quantity through increased competition, regulations, and incentives to streamline the delivery of health care. ] (More)
Question
Expert Answered
Asked 7/31/2013 8:01:49 PM
0 Answers/Comments
Annual report, including the patton fuller financial statements. How did the audited and unaudited financial statements differ?
Weegy: Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. [ [ [ It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.[1] Internal auditing is a catalyst for improving an organization's governance, risk management and management controls by providing insight and recommendations based on analyses and assessments of data and business processes. With commitment to integrity and accountability, internal auditing provides value to governing bodies and senior management as an objective source of independent advice. Professionals called internal auditors are employed by organizations to perform the internal auditing activity. ] ] ] (More)
Question
Expert Answered
Asked 8/8/2013 6:14:21 PM
0 Answers/Comments
How does understanding how costs behave assist you in managing a hospital under the Medicare prospective payment system?
Weegy: Understanding how costs behave assists you in managing a hospital under the Medicare prospective payment system by providing a valid understanding of complex transactions and budgeting factors. [ Knowing how the budget is being distributed and how financial transactions are being processed can help management to greatly improve many aspects of the hospital's payment system. In my opinion, it is essential to the financial success of a hospital that these aspects are understood thoroughly. ] (More)
Question
Expert Answered
Asked 8/8/2013 7:40:30 PM
0 Answers/Comments
21,927,535 questions answered
Popular Conversations
The part of an arch that projects slightly from the wall and the ...
Weegy: The part of an arch that projects slightly from the wall and the point where the arch springs from is called the ...
8/26/2015 12:36:20 PM| 3 Answers
The Cold War was the cooling of relations between the Soviet Union ...
Weegy: The Cold War was the cooling of relations between the Soviet Union and Western communists. User: The U.S. ...
8/26/2015 8:14:04 AM| 2 Answers
Social process that gets things done.
8/26/2015 3:31:28 PM| 2 Answers
52 and 1/2% of what number is 21
Weegy: Im sorry but I dont understand your questio? Can you please be more specific so that I can provide you the best ...
8/26/2015 5:48:29 PM| 2 Answers
Fill in the blank with the appropriate number. ____ - 39 = 0
Weegy: 39 - 39 = 0 User: Write an equation that represents the problem, then solve the problem. The product of -8 ...
8/26/2015 7:06:43 PM| 2 Answers
Weegy Stuff
S
P
C
L
P
L
1
P
P
1
P
1
P
L
P
R
Points 1086 [Total 11439]| Ratings 6| Comments 1026| Invitations 0|Offline
S
L
Points 717 [Total 1032]| Ratings 1| Comments 707| Invitations 0|Offline
S
L
L
P
1
Points 667 [Total 9240]| Ratings 2| Comments 647| Invitations 0|Offline
S
1
L
L
Points 658 [Total 9126]| Ratings 2| Comments 628| Invitations 1|Online
S
Points 471 [Total 697]| Ratings 1| Comments 461| Invitations 0|Offline
S
Points 242 [Total 250]| Ratings 0| Comments 242| Invitations 0|Offline
S
Points 215 [Total 215]| Ratings 3| Comments 185| Invitations 0|Offline
S
Points 214 [Total 533]| Ratings 1| Comments 204| Invitations 0|Offline
S
Points 132 [Total 209]| Ratings 0| Comments 132| Invitations 0|Offline
S
Points 104 [Total 105]| Ratings 1| Comments 94| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.