HSM 260 Instant Education/uophelp
HSM 260 Week 1 CheckPoint Definition Scavenger Hunt
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CheckPoint: Definition Scavenger Hunt
Define each of the following basic accounting terms in your own words by finding sources on the Internet.
Provide the URL that supports the definition you have created for each item.
GAAP
Basic accounting formula
Transaction, t-account
General ledger
Debit
Credit
Account balance
Trial balance
Journal
Assets
Liabilities
Net assets
Accounts receivable
Accounts payable
Revenues
Post your definitions as a Microsoft® Word attachment.
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HSM 260 week 1 DQ 1 and DQ 2
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How does the statement of functional expenses differ from the statement of activities? What is the difference between a revenue center and an expense center as it relates to a human service organization? Why do you need to know this information as an employee in a human service organization?
What are the financial management issues that human service organizations face? Is it important for all of a human service organization’s staff, not just the financial experts, to understand financial management? Why?
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HSM 260 week 1 DQ 1 and DQ 2
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How does the statement of functional expenses differ from the statement of activities? What is the difference between a revenue center and an expense center as it relates to a human service organization? Why do you need to know this information as an employee in a human service organization?
What are the financial management issues that human service organizations face? Is it important for all of a human service organization’s staff, not just the financial experts, to understand financial management? Why?
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HSM 260 Week 2 CheckPoint Accrual Method
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CheckPoint: Accrual Method
Answer the following questions in 200 to 300 words:
Nonprofit organizations are required to produce financial statements based on the accrual method of accounting. How is this different from the cash basis of accounting? Why is accrual accounting important?
In an accrual system, does revenue equal cash?
What is the importance of the statement of cash flow in the financial management of an organization?
Provide at least one resource to support your answer, using APA guidelines.
Post your answer as a Microsoft® Word attachment.
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HSM 260 Week 3 CheckPoint Cost Per Output Cost Per Outcome Response
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CheckPoint: Cost Per Output and Cost Per Outcome Response
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HSM 260 week 3 DQ1 and DQ2
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You have been selected to participate in a new bonus plan. You receive a bonus based on the average cost of delivering a service. You know the fixed cost of that service is currently 75% of total costs. What action do you take to ensure that you receive a bonus?
Explain the difference between direct cost and indirect cost. What are some ways to allocate indirect costs? Why is monitoring direct and indirect costs important to the financial stability of a human service organization?
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HSM 260 Week 4 Assignment Fixed Costs, Variable Costs, and Break
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Assignment: Fixed Costs, Variable Costs, and Break-Even Point
Resources: Ch. 10 in Financial Management.
Complete Exercises 10.1 & 10.2 on pp. 146–47.
Post your final answers as a Microsoft® Word attachment.
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HSM 260 Week 4 CheckPoint Financial Ratios
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CheckPoint: Financial Ratios Use the data from 2002 in Appendix D to calculate each of the following:
Current ratio
Long-term solvency ratio
Contribution ratio
Programs and expense ratio
General and management and expense ratio
Revenue and expense ratio
Post your final calculations as a Microsoft® Word attachment.
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HSM 260 Week 5 CheckPoint Forecasting
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CheckPoint: Forecasting
Resource: Ch. 9 in the text.
Read Exercises 9.1 on p. 130 & 9.3 on p. 131.
Forecast personnel expenses and total revenues respectively, using weighted moving averages and moving averages.
Explain how financial trends affect forecasting.
Post your final answers as a Microsoft® Word attachment.
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HSM 260 week 5 DQ1 and DQ2
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A budget systems model is the foundation from which budgeting systems can be used to evaluate the success of an agency or company. How are performance budgeting systems used to evaluate the efficiency and effectiveness of a human service agency? Why is this important?
There are four forecasting techniques described in the text. Briefly describe the merits of each one and identify the one you feel is most beneficial in forecasting for a human service organization.
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HSM 260 Week 6 Assignment Fee Setting
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Assignment: Fee Setting
Resource: Ch. 11 in Financial Management.
Complete Exercises 11.1 & 11.2 on pp. 158–159.
Determine the most important issues for a human service agency to address in fee setting.
Determine the issues that are least important.
Justify your answers.
Post your answers as a Microsoft® Word attachment.
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HSM 260 Week 6 CheckPoint Calculating Fixed Costs, Variable Cost
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CheckPoint: Calculating Fixed Costs, Variable Costs, and Break-Even Point for a Program
Calculate the fixed cost, variable costs, and break-even point for the program suggested in Appendix D.
Base your calculations on the financial data for 2002.
Post your final answers as a Microsoft® Word attachment.
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HSM 260 Week 7 CheckPointCatalog of Federal Domestic Assistance
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CheckPoint: Catalog of Federal Domestic Assistance
Locate the Catalog of Federal Domestic Assistance at http://www.cfda.gov/
Click on Select Assistance Type… and choose a particular type by clicking on it. Then click on the Search button.
Choose three types of assistance from the list that benefit the organization profiled in Appendix A the most.
Reference the three programs chosen by including the URL and program title.
Summarize the one type of assistance you feel is most valuable to the organization profiled in Appendix A. Your summary must be 200 to 300 words in length and must address the following categories:
Program’s objective
Eligibility requirements
Type of assistance
Dollar range
Average amount of assistance awarded
How this program is utilized by the organization profiled in Appendix A
Post your answers as a Microsoft® Word attachment.
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HSM 260 Week 7 DQ1 and DQ2
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Which of the two procurement strategies is most effective for a human service agency? Explain your reasoning.
Identify the key components of cost reimbursement contracts, performance contracts, and capitated contracts. Which, in your opinion, is best suited for a human service organization?
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HSM 260 Week 8 Assignment Foundations Paper
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Assignment: Foundations Paper
Select one of the following funding organizations:
United Way of America
The Robert Wood Johnson Foundation
The Bill & Melinda Gates Foundations
Health Resources and Services Administration
A community foundation in your area
Write a 700- to 1,050-word paper describing the organization and the projects it supports.
Format using APA guidelines.
Post your final draft as a Microsoft® Word attachment.
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HSM 260 Week 8 CheckPoint Collaborative Fund-raising Activity
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CheckPoint: Collaborative Fund-Raising Activity
Consider the following scenario in your assigned discussion group: Phoenix Homeless Agency (PHA) needs funds to continue providing job counseling to qualifying recipients.
Discuss with your assigned group how nontraditional sources of funding might be used to solve the funding problem for the PHA. Be creative.
Determine the strategies from your discussion group that you feel solves the funding needs for PHA the best.
Write a 200- to 300-word summary detailing the three fund-raising strategies you employ.
Post your final answer as a Microsoft® Word attachment.
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HSM 260 week 9 Capstone DQ
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Why is it important for a human service professional to be familiar with financial management? Provide at least two examples that illustrate your point.
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HSM 260 Week 9 Final Analyzing Financial Statements
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Final Project: Analyzing Financial Statements
Resource: Appendix A
Review the financial statements in Appendix D.
Calculate the following: Current ratio, long-term solvency ratio, contribution ratio, programs and expense ratio, general and management and expense ratio, fund-raising and expense ratio, and revenue and expense ratio for the years 2003 and 2004.
Include the current ratio, long-term solvency ratio, contribution ratio, programs and expense ratio, general and management and expense ratio, fund-raising and expense ratio, and revenue and expense ratio calculated in the Week Four Assignment.
Provide a 200- to 300-word explanation of the importance of each ratio for all three years listed in Appendix D. Include a statement of whether the organization’s financial picture has improved or not within the 3-year period specified in Appendix D.
Calculate the fixed cost, variable costs, and break-even point for the XYZ Corporation for the years 2003 and 2004 listed in Appendix D.
Include the fixed cost, variable costs, and break-even point for the XYZ Corporation for the year 2002 from the Week Six CheckPoint.
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HSM-260-Entire-Course
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HSM 260 Week 1 CheckPoint Definition Scavenger Hunt
HSM 260 Week 1 DQ 1 and DQ 2
HSM 260 Week 2 CheckPoint Accrual Method
HSM 260 Week 2 Assignment Personal Balance Statement (Appendix C)
HSM 260 Week 3 CheckPoint Cost Per Output Cost Per Outcome Response
HSM 260 Week 3 DQ1 and DQ2
HSM 260 Week 4 CheckPoint Financial Ratios
HSM 260 Week 4 Assignment Fixed Costs, Variable Costs, and Break
HSM 260 Week 5 CheckPoint Forecasting
HSM 260 Week 5 DQ1 and DQ2
HSM 260 Week 6 Assignment Fee Setting
HSM 260 Week 6 CheckPoint Calculating Fixed Costs, Variable Cost
HSM 260 Week 7 CheckPointCatalog of Federal Domestic Assistance
HSM 260 Week 7 DQ1 and DQ2
HSM 260 Week 8 Assignment Foundations Paper
HSM 260 Week 8 CheckPoint Collaborative Fund-raising Activity
HSM 260 Week 9 Capstone DQ
HSM 260 Week 9 Final Analyzing Financial Statements
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