LSUS MHA 706 FINAL - LORD
Cost Driver is the...
Foundation value pool can be allocated
Cost Pool is the...
Overhead amount to be allotted
Overhead Departments are...
Often called price facilities
Indirect Costs
Costs of shared assets utilized by the whole company
Patient Service Departments are...
Frequently known as sales facilities
Direct Costs are...
Expenses unique and specific to a branch
"Dollars within the Cost Pool" / "Total Volume of Cost Driver" =
Allocation Rate
Effective value drivers need to have what traits(s)?
-Promote organizational value reduction
-Perceived as being truthful
__________ is NOT a form of allocation technique?
Step-Up Method
, As an Accounting Manager - you're liable for allocating the cost of facilities to other
departments. What would be the ideal price motive force
which will use for this allocation?
-Square photos of the branch
-Housekeeping
TRUE/FALSE: Once a corporation uses the Direct Method to allocate expenses to
sales-producing departments inside the facility - the whole stage of fees decreases for the
organisation.
False
When the use of the direct price allocation gadget - frequently you are allocating the fee of
__________ to Patient Service Departments.
Support (overhead) Departments
__________ are accounting methods to account for "value" at an person provider level.
Time Driven-Costing (TDBC)
Activity Based Costing (ABC)
Cost-to-Charge Ratio (CCR)
Relative Value (RVU)
__________ are proper assumption(s) of the Cost-to-Charge Ratio Method.
Each provider consumes overhead charges inside the identical share because the branch as
a whole
Charges mirror the level of intensity of the service provided.
Activity Based Costing (ABC) starts with _________ that comprise the provider provided.
Individual Activities
Calculate...
Total fees of the carrier via aggregating activity fees
Estimate...
Price of each pastime
Cost Driver is the...
Foundation value pool can be allocated
Cost Pool is the...
Overhead amount to be allotted
Overhead Departments are...
Often called price facilities
Indirect Costs
Costs of shared assets utilized by the whole company
Patient Service Departments are...
Frequently known as sales facilities
Direct Costs are...
Expenses unique and specific to a branch
"Dollars within the Cost Pool" / "Total Volume of Cost Driver" =
Allocation Rate
Effective value drivers need to have what traits(s)?
-Promote organizational value reduction
-Perceived as being truthful
__________ is NOT a form of allocation technique?
Step-Up Method
, As an Accounting Manager - you're liable for allocating the cost of facilities to other
departments. What would be the ideal price motive force
which will use for this allocation?
-Square photos of the branch
-Housekeeping
TRUE/FALSE: Once a corporation uses the Direct Method to allocate expenses to
sales-producing departments inside the facility - the whole stage of fees decreases for the
organisation.
False
When the use of the direct price allocation gadget - frequently you are allocating the fee of
__________ to Patient Service Departments.
Support (overhead) Departments
__________ are accounting methods to account for "value" at an person provider level.
Time Driven-Costing (TDBC)
Activity Based Costing (ABC)
Cost-to-Charge Ratio (CCR)
Relative Value (RVU)
__________ are proper assumption(s) of the Cost-to-Charge Ratio Method.
Each provider consumes overhead charges inside the identical share because the branch as
a whole
Charges mirror the level of intensity of the service provided.
Activity Based Costing (ABC) starts with _________ that comprise the provider provided.
Individual Activities
Calculate...
Total fees of the carrier via aggregating activity fees
Estimate...
Price of each pastime
