Financial statements provide insight into the financial position of an organization. They are written for internal and external users. External users include creditors, investors, contributors, and other organizations with an oversight responsibility. To prepare or analyze financial statements, a sound understanding of accounting principles and terms is needed.
Using the Internet, research financial terms and cost-control strategies commonly used by healthcare organizations. Based on your research, respond to the following:
Cost-Controlling Strategies
Write your initial response in approximately 300–500 words. Apply APA standards to citation of sources
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