For the creative story line, you are to take any 25 terms and make those terms into a story but define each word in the

[answerhappygod]

For the creative story line, you are to take
any 25 terms and make those terms into a
story but define each word in the story.
Example:
Company Global Health has a net worth of fifty thousand dollars.
The net worth(1) indicates assets are greater than
liabilities. The assets, (2)which is anything of
value, are twenty thousand US dollars. Global Health is known
for charging a nominal fee for service(3) which is the
minimum fee a Health organization can charge.
Here is an example:
I had an interview with the CEO (1), who is the chief operating
officer of ABC Hospital. During the interview the CEO asked me if I
was familiar with an organizational chart (2) which identifies all
positions of responsibility in an organziaiton. The CEO said the
fields of accounting and finance are somewhat complex. In her
opinion a candidate needs good experience in managerial accounting
(3)in which the emphasis is on internal control. I mentioned my
experience was in financial accounting (4) as I like summarizing
and recording the entities transactions.
Chapter 1 key terms
- Controlling
-Decision Making
-Financial accounting
-Managerial accounting
-Nonprofit organization (also see voluntary organization)
-Organization chart
-Organizing
-Planning
- Proprietary Organization (also see profit-oriented
organization )
Chapter 2
-Accounting system
-chart of accounts
-General Ledger
-Information System
-Reporting records
- Subsidiary Journals
-Trial Balance
Chapter 3
-Digital Media
-Electronic Health record (EHR)
-Electronic Medical record (EMR)
-Health Information Technology
-Patient Engagement
-Population Health
-Social Media
Chapter 4
-Assets
-Equity
-Fund Balance
-Liabilities
-Net Worth
Chapter 5
-Discounted Fee for Service
-Fee for Service
-Managed Care
-Medicaid Program
-Medicare Program
-Payer Mix
-Revenue
Chapter 6
-Cost
-Diagnoses
-Expenses
-Expired Costs
-General Services Expenses
-SupportServices Expenses
-Operations Expenses
-Procedures
-Unexpired Costs
Chapter 7
-Cost Object
-Direct Cost
-Indirect Cost
-Joint Cost
-Responsibility Centers
Chapter 8:
Break-Even Analysis
Cost-Profit-Volume
Contribution Margin
Fixed Cost
Mixed Cost
Profit-Volume Ratio
Semifixed Cost
Semivariable Cost
Variable Cost
Chapter 9:
Book Value
Depreciation
FIFO
Inventory
Inventory Turnover
LIFO
Salvage Value
Useful Life (of an asset)
Chapter 10:
Certificate of Need (CON)
Full-Time Equivalents (FTEs)
Nonproductive Time
Productive Time
Staffing
Chapter 11
Accrual Basis Accounting
Balance Sheet
Cash Basis Accounting
Statement of Cash Flows
Statement of Fund Balance/Net Worth
Statement of Revenue and Expense
Subsidiary Reports
Chapter 12
Current Ratio
Days Cash on Hand (DCOH)
Days Receivables
Debt Service Coverage Ratio (DSCR)
Liabilities to Fund Balance
Liquidity Ratios
Operating Margin
Profitability Ratios
Quick Ratio
Return on Total Assets
Solvency Ratios
Chapter 13
Internal Rate of Return
Payback Period
Present-Value Analysis
Time Value of Money
Unadjusted Rate of Return