MHA 706 FINAL EXAM QUESTIONS AND ANSWERS FULLY SOLVED

MHA 706 FINAL EXAM QUESTIONS AND ANSWERS FULLY SOLVED
Question : Indirect Costs
CORRECT ANSWER: Are costs associated with shared
resources used by the entire organization
Question : Cost Driver
CORRECT ANSWER: Is the basis on which the cost pool
will be allocated
Question : Cost Pool
CORRECT ANSWER: Is the overhead amount to be
allocated
Question : Overhead departments
CORRECT ANSWER: Are often called costs centers
Question : Patient Service Departments
CORRECT ANSWER: Are often called revenue centers
Question : Direct Costs
CORRECT ANSWER: Are costs unique and exclusive to a
department

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