Organizational Behaviour and Financial and Managerial Accounting.1. You have learned in this unit that creating the operational budget for a healthcare facility is not a once-per-year event.

Organizational Behaviour and Financial and Managerial Accounting.1. You have learned in this unit that creating the operational budget for a healthcare facility is not a once-per-year event.

It is a continuous process with an annual cycle. List and describe the six key steps in the operational budget cycle, and briefly summarize the activities that take place in each step.

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2. Explain the difference between financial accounting and managerial accounting. Provide at least one practical example of each for your own healthcare organization or a healthcare organization in your community of interest to you.

3. Review the website of the Healthcare Financial Management Association:

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