Financial Concepts Worksheet

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hcs219r2_financial_concepts_worksheet_2.doc

Title

ABC/123 Version X

1

Financial Concepts Worksheet

HCS/219 Version 2

1

University of Phoenix Material

Financial Concepts Worksheet

In the table below, explain each financial concept in your own words. Also include a brief explanation of how each is used in health care.

Financial Concept

Explanation

How it is Used in Health Care

Quarterly Reporting

Revenue

Income Statement

Financial Planning

Financial Ratios

Balance Sheet

Chart of accounts

Expenses

General ledger

Nonprofit Organization

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