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Healthcare managers are involved in the annual budget and are required to have a good understanding of the financial statements and how they impact their individual departments. Capital budget proposals are typically presented to the CEO, CFO, COO, and controller. For this reason, managers need to make sure that capital budget proposals include relevant supporting documentation and financial analysis to support the proposed request. The goal is to obtain approval.
1 to 2 paragraph response this assignment above, with at least 1 APA reference and 250 word count.
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