hcs-405-simulation-review-health-care-financial-accounting-simulation

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HCS 405 Simulation Review – Health Care Financial Accounting
Simulation

Completethe following tasks
before beginning the simulation:

·
Save
and print the Simulation Aid document. You will need to reference it as you
complete the simulation.

·
Review
the assignment instructions and have an extra sheet of paper ready for taking
notes as you complete the simulation.

Completethe Health Care Financial Accounting
simulation. In the simulation, you are in charge of a fictitious health care
organization facing financial difficulties. You must complete the following
tasks:

·
Phase
1: Capital Shortage – Analyze the working capital shortage presented in the
simulation

·
Phase
2: Funding Options for Equipment Acquisition – Evaluate funding options for
acquiring medical equipment

·
Phase
3: Funding Options for Capital Expansion – Evaluate funding options for
capital expansion

Writea 1,050- to 1,400-word
paper analyzing the decisions you made in the simulation. Include the following
in the paper:

Phase
I: Capital Shortage

·
Analyze
which cost-cutting options you selected and why.

·
Analyze
which loan option you selected and why.

·
Analyze
the outcome of your capital shortage decision.

Phase
II: Funding Options for Equipment Acquisition

·
Evaluate
which cost-effective equipment selections you made and why.

·
Evaluated
the outcome of your cost-effective equipment acquisition decision.

Phase
III: Funding Options for Capital Expansion

·
Evaluate
which source of funding for capital expansion you selected and why.

·
Evaluate
the outcome of your source of funding for capital expansion decision.

Summary
and Conclusions

·
Explain
what you learned from this simulation.

·
Explain
what you would do differently if you performed the simulation again.

·
Explain
how you will apply what you learned from the simulation at your current or
future job.

Supportyour ideas, analysis,
and conclusions with references to scholarly external sources, such as the
textbook and journal articles.

Formatyour paper consistent
with APA guidelines.

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