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Financials and Business Performance Measurement

Please provide responses for the discussions below. Appx 300 words for each DQ.

Topic: Financials and Business Performance Measurement

DQ 1: Chart of Accounts, General Ledger, and Accounting System. Notice how much detail can be included in various financial statements. What accounting data is required for you to write your CLC Business Plan? How can you present just enough information for your reader to get a clear understanding of the financial concerns of your proposal?

DQ 2: Strategic Planning. Many strategic plans contain financial data. Discuss how you might include this type of financial data in your CLC Business Plan.

DQ3: Explain why measuring performance is important in business operations. Choose a business performance measurement tool that does not relate to your CLC and explain why.

DQ 4: Consider the following hypothetical situation: You are a human resources manager in a medium-sized hospital. You are writing the job description for an operations manager who will manage finances, evaluate financial performance, and develop financial plans. What skills does a suitable candidate need?

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