Financial and Strategic Planning
March 4th, 2022
Answer each of the following questions:1. Describe the relationship between financial planning and strategic planning.2. List and describe the 10 requirements for effective financial planning and policy making.3. . Explain the four steps involved in the development of a financial plan.4. Discuss break-even analysis. What is it? How is it used?REQUIRED:Essentials of Healthcare Finance William O. Cleverly and James O. Clevarly Jones and Bartlett, Eighth Edition, 2018ISBN-13: 9781284094633