Classifying similar healthcare cases that require similar treatment are called:

elect one:

a. PRGs

b. RBRVS

c. SRGs

d. DRGs

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Cost that has already been incurred and would not affect future business decisions is:

Select one:

a. True cost

b. Relevant cost

c. Differential cost

d. Sunk cost

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Healthcare organizations whose primary purpose is to economize the healthcare costs but ensure access to quality healthcare are called:

Select one:

a. Managed care organizations

b. Charitable organizations

c. Accountable care organizations

d. Tax-exempt organization

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In some days a healthcare facility receives more patients than other days and thus the cost of consumables goes up and down depending on the number of patients. This type of cost is called:

Select one:

a. Variable cost

b. Financial cost

c. Fixed cost

d. Marginal cost