Discussion
a) Review the commonly used approaches to budgeting for service volumes in a healthcare organization. Select any three of these and describe them.
b) Explain the difference between top-down and bottom-up budgeting, and give the pros, and cons of each. Based upon your learning here, which approach do your personally favor, and why?
c) Discuss the fringe benefit level change as a key component of the operating budget for any healthcare organization. Why is it so important?
d) Discuss the full-time equivalent level as a key component of the operating budget for any healthcare organization. Why is it so important?
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.