accounting important for health care organizations

1. Why is accounting important for health care organizations?
2. Is it appropriate for health care organizations to make a profit?

3. Is it reasonable to assume that the numbers reported on financial statements will be precisely accurate?

4. Why is there a strong focus on liquid assets?

5. Who can restrict the use of the organization’s assets? Who can remove restrictions?

 
6. What is the difference between charity care and a bad debt?