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Incorrect Financial Projections In Healthcare

What would happen if your financial projections were based on incorrect data? For example if your Booked AR is significantly higher this quarter than the actual AR and cash inflows, does your expense budgeting change? Would your cash flow change? How would you handle suppliers or capital budgeting for this time period. What reports or ratios would you consider in monitoring the financial situation? lease include references.

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What would happen if your financial projections were based on incorrect data? For example if your Booked AR is significantly higher this quarter than the actual AR and cash inflows, does your expense budgeting change? Would your cash flow change? How would you handle suppliers or capital budgeting for this time period. What reports or ratios would you consider in monitoring the financial situation? Please include references.

As per entrepreneur.com, "Planning out and working on your company's financial projections each year could be one of the most important things you do for your business. The results--the formal projections--are often less important than the process itself. If nothing else, strategic ...

Solution Summary

Booked AR is significantly higher this quarter than the actual AR and cash inflows, does your expense budgeting change. Solution helps in discussing the important issues.

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