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    Upcoming Year's Organizational Budget

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    As a member of the finance team, you have been asked to prepare the upcoming year's organizational budget for Verybest Hospital. After reviewing specific data, internal input, and external input from various sources, you find that the executive management team would like the budget to reflect the following:

    increase in revenue reimbursement
    allocation for new improvement
    increase in nurses' salaries
    Prepare next year's facilities budget in a PowerPoint presentation format using last year's budget as a basis. The budget should be formatted to reflect the percentage increase or decrease from last years's budget.
    The budget should reference one of the following:

    fixed budget
    statistical budget
    revenue budget
    capital budget
    cash budget
    flexible budget
    bottom-up budget
    top-down budget

    Objective: Identify the components of a basic operations budget, including how to prioritize effectively.

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    Solution Summary

    The response addresses the queries posted in 583 words (4 slides) with references.