Instructions: Please answer using your own words in a minimum of 350, maximum 500 words PER 5 QUESTIONS Referenced with three (3) peer-reviewed journal articles or qualified text publish within the past five years and follow APA Manual 7th editions scholarly writing guidelines. When writing replies, please provide your experiences, new ideas, add probing questions and new literature on the topic to enhance the learning opportunity.
Answer preview
organizations to attain these two goals (Mizra et al., 2019). One of the benefits of this is that it increases accountability within the health care industry, an aspect that allows for efficient utilization of resources. When healthcare organizations are required to accurately report their fiscal performance, they are more likely than not to take greater care of how they manage their resources since organizations know they will have to account to shareholders regarding how and why they used a particular resource when offering their services.
Accurate and fair financial reporting helps health care facilities eliminate wastages within their processes and procedures that might interfere with effective service delivery (Mizra et al., 2019). The first step when seeking to eliminate wastages is to publish accurate reports of an
[2232 Words]
