Explore BrainMass
Share

Thinking on health care businesses How does an individual department's annual operating budget differ from that of the whole entity?

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Thinking on health care businesses How does an individual department's annual operating budget differ from that of the whole entity? How does the purpose and process of creating an operating budget differ from that of a capital budget?

© BrainMass Inc. brainmass.com October 25, 2018, 7:03 am ad1c9bdddf
https://brainmass.com/business/capital-budgeting/488188

Solution Preview

Budget refers to allocation of resources by laying down a plan. Individual department's annual operating budget is different from the whole entity as it pertains to only about the allocation of resources of the individual department. Hence individual department's annual operating budget will assist in division of financial, physical and other resources wrt to department only. There is lesser need of coordination unlike budget for the whole entity. Budgeting for the whole entity requires greater coordination between the ...

$2.19
See Also This Related BrainMass Solution

Medical Privacy & Medical Records

Nothing is at greater risk in terms of privacy than our medical records. Do you agree? Why would you or should you care? If you do care, are there any circumstances that would make you feel otherwise? Examples to highlight the pros and cons to help make your case would be great! Then, outline issues of medical privacy.

View Full Posting Details