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Analyze the Basics of Financial Principles

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Analyze the Basics of Financial Principles

Create a 10 slides PowerPoint presentation to educate others regarding the development of an operational budget and a capital budget. Be sure to include the following:

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Provide the process for developing an operational budget.
Provide the process for developing a capital budget.
Differentiate between the operational and capital budgets.
Explain how the capital budget is required for strategic management.

Analyze the Basics of Financial Principles

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Analyze the Basics of Financial Principles

Within the Discussion Board area, write page words that respond to the following questions with your thoughts,

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ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

You are the chief financial officer (CFO) for an organization and need to discuss with fellow C-suite executives that cost cutting is not the only answer to profitability. Prepare for the next manager’s meeting by responding to the following prompts:

Explain how a capital budget and a return on investment contribute to sustainable growth.
Clarify the role that risk analysis plays during capital investment decision making.
Provide 1 reference that discusses cost containment and patient care.