The role of the Medical Office Manager requires a familiarity with many of the accounting facts and tools discussed in this week's content.  Write a response that describes how knowledge of the accounting equation and financial statements discussed in week 1 might be used by the Medical Office Manager during normal business activities. Indicate in your answer why you believe this to be so.

Question

The role of the Medical Office Manager requires a familiarity with many of the accounting facts  and tools discussed in this week's content.    Write a response that describes how knowledge of the accounting equation and financial statements discussed in week 1 might be used by the Medical Office Manager during  normal business activities. Indicate in your answer why you believe this to be so.