Question
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
- Labor
- Subunits
- Expenses
- Revenue
As long as volume remains within a relevant range, ___________ costs are unlikely to change.
- Fixed
- Variable
- Labor
- Operating
The relationship between cost and volume, called _________ or underlying cost structure, is used by managers in planning, control, and decision making.
- Variable costs
- Cost Allocation
- Cost ratio
- Cost behavior
______ allows managers to examine the effects of alternative assumptions regarding costs, volume, and prices.
- cost-volume-profit analysis
- Acid test ratio
- Variable cost analysis
- 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 _________.
- Certain costs
- Fixed costs
- Direct Costs
- Indirect Costs
The goal of _______ is to assign all of the costs of an organization to the activities that cause them to be incurred.
- Expense assignment
- Cost allocation
- Varibale Costs
- Indirect Costs
A __________ is the criterion upon which the cost allocation is made.
- Price point
- Cost driver
- Cost pool
- Allocation driver
Cost pool divided by cost driver equals __________.
- Allocation rate
- Cost ratio
- Net propit
- Variable Cost
According to the Cognizant article, more than _______ healthcare-related applications already are available to the public via smartphone.
- 2000
- 4000
- 7000
- 9000
Which payroll taxes are deducted from an employee's pay, with the employer paying a matching amount?
- FUTA & SUTA
- FICA Social Security and FUTA
- FICA Social Security and FICA Medicare
- FICA Medicare and Futa
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