Profit centers and allocations) Multiple-doctor medical practices are often structured with each doctor acting as a profit
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Profit centers and allocations) Multiple-doctor medical practices are often structured with each doctor acting as a profit center.
a. Discuss why such an organizational structure would be useful.
b. Go to the Web and find some software packages that could be used to account for such an organizational structure.
c. List some costs of a medical practice that would be directly traceable to each physician.
d. List some costs of a medical practice that might not be directly traceable to each physician. Provide possible allocation bases for such costs.
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Related Book For
Cost Accounting Foundations And Evolutions
ISBN: 9780324235012
6th Edition
Authors: Michael R. Kinney, Jenice Prather-Kinsey, Cecily A. Raiborn
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