Review the 2009 Operating Budget Projections and the assumptions following the projected numbers in the Budgets tab under Chief Financial Officers in the Patton-Fuller Community Hospital Virtual Organization on the student website.
Assume the 2009 projections were realized.
Use the University of Phoenix Material: 2010 Operating Budget Projections.
Develop a budget for Patton-Fuller Community Hospital based on the 2009 Operating Budget and the 2010 Operating Budget Assumptions.
Write a 700- to 1,050-word paper in which you do the following:
Discuss which financial management practices are most effective in creating and monitoring an operating budget.
Discuss which financial management practices are least effective in creating and monitoring an operating budget.