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Question 2. In Health Administration programs accounting courses typically cover cost data. Forensic accounting examines tries to detect fraud through accounting procedures. Following data were
Question 2. In Health Administration programs accounting courses typically cover cost data. Forensic accounting examines tries to detect fraud through accounting procedures. Following data were obtained regarding the cost of taking care of patients over several time periods. Are our costs within expectation?
Patient | July cost | July Expected cost | Aug cost | Aug expected cost | Sept cost | Sept expected cost |
1 | 391.18 | $294.28 | 395.55 | $497.68 | $394.96 | $324.05 |
2 | 368.31 | $287.93 | 378.42 | $495.00 | $398.35 | $328.70 |
3 | 411.41 | $330.08 | 413.93 | $348.85 | $365.64 | $292.31 |
4 | 446.07 | $379.48 | 362.86 | $395.00 | $389.66 | $313.26 |
5 | 425.54 | $373.22 | 416.01 | $342.39 | $395.53 | $343.70 |
6 | 476.9 | $418.52 | 405.66 | $427.00 | $481.25 | $412.47 |
7 | 423.83 | $357.52 | 412.05 | $400.00 | $444.77 | $366.55 |
8 | 370.29 | $290.42 | 384.08 | $500.00 | $436.31 | $338.64 |
9 | 353.98 | $268.20 | $412.00 | $335.22 | ||
10 | 429.87 | $358.43 |
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