Describe fee-for service and activity based costing

Assignment Help Accounting Basics
Reference no: EM1364556

1. Consider a health care organization with which you are familiar and discuss how do provider incentives differ when the provider moves from a fee-for-service to a capitated environment?

2. Discus briefly the activity-based costing (ABC) and explain how ABC can differ from traditional costing approaches? Consider a health care organization with which you are familiar with and it uses ABC model.

Reference no: EM1364556

Questions Cloud

Sports sociology-youth training : A privately-owned commercial gymnastics club in your town has had much success in producing outstanding female gymnasts as young as ten years old. The girls at the club practice at least 25 hours a week and often compete on weekends.
How has logistics management changed over the past years : How has logistics management changed over the past years? Why has the importance of logistics management been growing over the past few decades?
Which job affords you the highest purchasing power : If you have been offered $137,000 for a job in Los Angeles and $117,000 for a similar job in Dallas, which job affords you the highest purchasing power of the bundle of goods in the price index.
Write an application to calculate the factorials : Write an application that calculates the factorials of 1 through 20. use type long. Display the results in tabular format. What difficulty might prevent you from calculating the factorial of 100?
Describe fee-for service and activity based costing : Discus briefly the activity-based costing (ABC) and explain how ABC can differ from traditional costing approaches? Consider a health care organization with which you are familiar with and it uses ABC model.
Staple for al enterprises and most businesses : Why have RDBMSs become a necessary staple for al enterprises and most businesses
Sports-intimidation as strategy-women in sports : The use of intimidation as a strategy is now common in certain sports. Explain why this has occurred and provide examples to show how athletes use intimidation as a strategy. Also explain what can be done to control the use of this strategy.
Illustrate what will be the accumulated debt : Assuming that the budget stays the same except for the interest on the debt for 10 years, illustrate what will be the accumulated debt. What will the size of the budget be after 10 years.
Liability insurance-expected after tax earnings : Suppose that the Lai Jean Co. expects before tax earnings of 5 million this coming year, assuming no liability losses. However, there is a 2 percent chance that Lai will lose a $10 million lawsuit during the year.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Sales tax and record journal entry

On May 10, 2007, Wiley, Inc remitted $91,450 to the state tax division for April 2007 sales. Calculate the amount of Wiley's April 2007 sales subject to sales tax, and, record the journal entry that would be made when the tax is paid:

  Journal entry of allowance for bad debts

Battle Tank, Inc. had net sales in 2004 of $1,200,000. At December 31, 2004, before adjusting entries, the balances in selected accounts were: Accounts Receivable $250,000 debit, and Allowance for Doubtful Accounts $2,100 credit.

  Management assertions and quantifying materiality

What are management assertions? How do they affect the financial statements? How does the auditor formulate audit objectives based on management assertions?

  Prepare journal entry to record sale of lathe

Howarth Manufacturing Company purchased a lathe on June 30, 2007, at a cost of $80,000. Prepare the journal entry to record the sale.

  Journal entry of purchase of long-term bonds

Karr Company purchased bonds with a face amount of $400,000 between interest payment dates. Karr purchased the bonds at 102, paid brokerage costs of $6,000, and paid accrued interest for three months of $10,000.

  Consolidated financial statements

According to US GAAP, what should be the basis for reporting the assets and liabilities of Small within consolidated financial statements created on the date of acquisition?

  Examine the concept of financial risk

Examine the concept of financial risk by answering the following questions: (a) How does the risk of a portfolio change as the number of assets in the portfolio increases?

  Contribution margin of central valley company

The Central Valley Company is a merchandising firm that sells a single product. The company's revenues and expenses for the last three months are given below:

  Analysis of business simulations

Do an Internet search to identify the types of games and business simulations that are available. Select one and provide a description and an analysis of it. Discuss the learning content objectives.

  Decisions to continue or discontinue business segment

In considering the decision to continue or discontinue a segment of the business, the business should focus on:

  Economic order quantity-cater company

Carter Company orders 250 units at a time, and places 15 orders per year. Total ordering cost is $1,100 and total carrying cost is $1,100. Which of the following statements is true?

  Accounting roles-business organization

What is the difference between a role-based and principle-based system? Discuss Global Reporting initiatives, its purposes, the standard setting process and the use of its reporting system.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd