MHA 706 FINAL EXAM ALL QUESTIONS AND
CORRECT ANSWERS | ALREADY GRADED A+
| PROFESSOR VERIFIED
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Terms in this set (101)
Indirect Costs Are costs associated with shared resources
used by the entire organization
,Cost Driver Is the basis on which the cost pool will be
allocated
Cost Pool Is the overhead amount to be allocated
Overhead departments Are often called costs centers
, Patient Service Departments Are often called revenue centers
Direct Costs Are costs unique and exclusive to a
department
When you divide the "Dollars in The Allocation Rate
the Cost Pool" by "Total Volume
of Cost Driver" - you have
determined ....
Effective cost drivers should have -Perceived as being fair
the following characteristic(s) -Promote Organizational Cost Reduction
Which of the following is NOT a step-up method
type of allocation method.
CORRECT ANSWERS | ALREADY GRADED A+
| PROFESSOR VERIFIED
Save
Terms in this set (101)
Indirect Costs Are costs associated with shared resources
used by the entire organization
,Cost Driver Is the basis on which the cost pool will be
allocated
Cost Pool Is the overhead amount to be allocated
Overhead departments Are often called costs centers
, Patient Service Departments Are often called revenue centers
Direct Costs Are costs unique and exclusive to a
department
When you divide the "Dollars in The Allocation Rate
the Cost Pool" by "Total Volume
of Cost Driver" - you have
determined ....
Effective cost drivers should have -Perceived as being fair
the following characteristic(s) -Promote Organizational Cost Reduction
Which of the following is NOT a step-up method
type of allocation method.
