3. HSM 260Week 1 CheckPoint Definition Scavenger Hunt
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Define each of the following basic accounting terms in
your own words by finding sources on the Internet.
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Define each of the following basic accounting terms in your own words by finding sources on th
4. HSM 260Week 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?
5. HSM 260Week 2 Assignment Personal Balance
Statement (Appendix C)
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Read the background information provided in Appendix B.
6. HSM 260Week 2 CheckPoint Accrual Method
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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?
7. HSM 260Week 3 CheckPoint Cost Per Output Cost Per
Outcome Response
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Cost Per Output and Cost Per Outcome Response
Write a 200- to 300-word response to the following:Why
are cost per output and cost per outcome calculations
valuable to a human service agency
8. HSM 260Week 3 DQ 1 and DQ 2
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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?
9. HSM 260Week 4 Assignment Fixed Costs,Variable Costs,
and Break
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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.
10. HSM 260Week 4 CheckPoint Financial Ratios
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Use the data from 2002 in Appendix D to calculate each of
the following:
11. HSM 260Week 5 CheckPoint Forecasting
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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.
12. HSM 260Week 5 DQ 1 and DQ 2
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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.
13. HSM 260Week 6 Assignment Fee Setting
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Resource: Ch. 11 in Financial Management.
Complete Exercises 11.1 & 11.2 on pp. 158–159.
14. HSM 260Week 6 CheckPoint Calculating Fixed Costs,
Variable Cost
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CheckPoint: Calculating Fixed Costs,Variable Costs, and
Break-Even Point for a Program
15. HSM 260Week 7 CheckPointCatalog of Federal Domestic
Assistance
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Locate the Catalog of Federal Domestic Assistance
at http://www.cfda.gov/
16. HSM 260Week 7 DQ1 and DQ 2
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Which of the two procurement strategies is most effective
for a human service agency? Explain your reasoning.
17. HSM 260Week 8 Assignment Foundations Paper
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Select one of the following funding organizations:
UnitedWay of America
The Robert Wood Johnson Foundation
18. HSM 260Week 8 CheckPoint Collaborative Fund-raising
Activity
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Consider the following scenario in your assigned
discussion group: Phoenix Homeless Agency (PHA) needs
funds to continue providing job counseling to qualifying
recipients.
19. HSM 260Week 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.
20. HSM 260Week 9 Final Analyzing Financial Statements
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Resource: Appendix A
Review the financial statements in Appendix D.