can you help me with this if you can In reviewing the office's profit and loss statement, the office manager notices a discrepancy between the stated revenue and cash deposits. In fact, it appears the office may have incorrectly booked $250,000 in revenue for the month. If this error turns out to be a fact, then the office will be unable to meet all of its financial obligations. Suggest a procedure to ensure timely billing and explain the importance of such procedures for timely billing. Explain how timely billing relates to the medical office’s cash flow.

Question

I only need 3 paragraphs. PLEASE HELP DUE SOON. Today 3/13/10

Answer 1

In reviewing the office's profit and loss statement, the office manager notices a discrepancy between the stated revenue and cash deposits. In fact, it appears that the office may have incorrectly booked $275,000 in revenue for the month. If this error turns out to be a fact, then the office will be unable to meet all of its financial obligations.

Suggest a procedure to ensure timely billing and explain the importance of such procedures for timely billing. Explain how timely billing relates to the medical office’s cash flow.