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Whereas financial accounting focuses on the organization as a whole, managerial accounting focuses on Labor Subunits Expenses Revenue As long as volume remains within a

Whereas financial accounting focuses on the organization as a whole, managerial accounting focuses on

  1. Labor
  2. Subunits
  3. Expenses
  4. Revenue

As long as volume remains within a relevant range, ___________ costs are unlikely to change.

  1. Fixed
  2. Variable
  3. Labor
  4. Operating

The relationship between cost and volume, called _________ or underlying cost structure, is used by managers in planning, control, and decision making.

  1. Variable costs
  2. Cost Allocation
  3. Cost ratio
  4. Cost behavior

______ allows managers to examine the effects of alternative assumptions regarding costs, volume, and prices.

  1. cost-volume-profit analysis
  2. Acid test ratio
  3. Variable cost analysis
  4. Varying assumption analysis

Some costs about 50 percent of a health services organization's cost structure are unique to the reporting subunit and hence usually can be identified with relative certainty. These are known as _________.

  1. Certain costs
  2. Fixed costs
  3. Direct Costs
  4. Indirect Costs

The goal of _______ is to assign all of the costs of an organization to the activities that cause them to be incurred.

  1. Expense assignment
  2. Cost allocation
  3. Varibale Costs
  4. Indirect Costs

A __________ is the criterion upon which the cost allocation is made.

  1. Price point
  2. Cost driver
  3. Cost pool
  4. Allocation driver

Cost pool divided by cost driver equals __________.

  1. Allocation rate
  2. Cost ratio
  3. Net propit
  4. Variable Cost

According to the Cognizant article, more than _______ healthcare-related applications already are available to the public via smartphone.

  1. 2000
  2. 4000
  3. 7000
  4. 9000

Which payroll taxes are deducted from an employee's pay, with the employer paying a matching amount?

  1. FUTA & SUTA
  2. FICA Social Security and FUTA
  3. FICA Social Security and FICA Medicare
  4. FICA Medicare and Futa

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