Answer each of the following questions:
1. Describe the existing needs for cost information in healthcare firms.
2. Describe how cost information relates to the three key activities of management: planning, budgeting, and control.
3. Define a budget and describe how management uses them.
4. Explain the concept of management control and how budgeting is used as part of it. Essentials of Healthcare Finance William O. Cleverly and James O. Clevarly Jones and Bartlett, Eighth Edition, 2018ISBN-13: 9781284094633
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