Assignment: Finances In Healthcare
1. How do charity care and bad-debt differ in both definition and how they are treated on financial statements? Explain.
2. Define fixed cost and provide an example of a fixed cost in a healthcare setting.
3. What is the difference between a current and a long-term liability? Provide an example of each in the healthcare sector.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.