a) How would you describe the dual purpose of financial management in health care today? (200 words)

b) What are the primary accounts that must be addressed in the year-end closing process? List these accounts, and briefly describe the procedure for each. (200 words)

c) What is meant by a pro forma financial statement? How are pro forma financial statements utilized in determining whether a major proposed project for the healthcare organization should be approved or not? Provide at least two examples of healthcare projects that should be analyzed by pro forma statement before making a go or no-go decision. (200 words)

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