37) Describe job-costing and process-costing systems. Explain when it would be appropriate to use each. 38) In a job-costing system, explain why it is necessary to apply indirect costs to production through the use of a manufacturing overhead cost allocation rate. 4.2 Apply the decision framework in a seven-step method to assign total actual costs to a distinct service. 1) Based on […]
51. On the Income Statement, Sales Returns and Allowances have the effect of A. Increasing total revenue B. Increasing total expenses C. Decreasing total revenue D. Decreasing total expenses 52. Which of the following describes Sales Returns and Allowances? A. A revenue account with a normal credit balance. B. An expense account with a normal debit balance. C. A contra revenue account with a normal debit balance. D. A contra expense account with a […]
11) The Financial Accounting Standards Board is responsible for establishing: A) the code of professional conduct for accountants. B) the Securities and Exchange Commission. C) generally accepted accounting principles. D) international accounting financial standards. 12) The acronym GAAP stands for: A) generally acceptable authorized pronouncements. B) government authorized accountant principles. C) generally accepted accounting principles. D) government audited accounting pronouncements. 13) ________ […]
147. One of the divisions of Phoenix Corporation is the Motor Division. This division currently is designing a new, energy-efficient motor that would require a specialized filter. An outside company has offered to provide the 40,000 filters needed each year at $25 each. Phoenix is considering setting up a separate division, the Filter Division, to make the filters. The variable cost per unit would be […]
71. When a partnership is liquidated: A. Noncash assets are converted to cash. B. Any gain or loss on liquidation is allocated to the partners’ capital accounts using the income and loss sharing ratio. C. Liabilities are paid or settled. D. Any remaining cash is distributed to the partners based on their capital balances. E. All of these. 72. A capital deficiency means that: A. The partnership has a loss. B. The partnership […]
31. An investment that costs $30,000 will produce annual cash flows of $10,000 for a period of 4 years. Given a desired rate of return of 8%, the investment will generate a (round to nearest whole dollar): A. Positive net present value of $33,121. B. Positive net present value of $3,121. C. Negative net present value of $33,121. D. Negative net present value of $3,121. 32. An investment that costs […]
71. Upon review of Mack’s statement of cash flows, the following was noted: Cash flows from operating activities $ 15,000 Cash flows from investing activities 40,000 Cash flows from financing activities (50,000) From this information, the most likely explanation is that Mack is: A. using cash from operations and selling long-term assets to pay back debt.B. using cash from operations and borrowing to purchase long-term […]
76. A company has net sales of $1,200,000 and average accounts receivable of $400,000. What is its accounts receivable turnover for the period? A. 0.20.B. 5.00C. 20.0D. 73.0E. 3.0 77. Pepperdine reported net sales of $8,600 million, net income of $126 million and average accounts receivable of $890 million. Its accounts receivable turnover is: A. 37.8.B. 9.7.C. 68.3.D. 7.1.E. 51.7. 78. Axle Co’s accounts receivable turnover was 9.9 for this year and 11.0 […]
74.The normal balance of an account is the A.increase side of the account. B.decrease side of the account. C.the left side of the account. D.the right side of the account. 75.Identify the accounts below that would ALL appear on the balance sheet. A.Cash, Accounts Payable, Owner’s Capital (ending balance) B.Accounts Receivable, Accounts Payable, Fee Income C.Utility Expense, Salary Expense, Cash D.Owner’s Capital (beginning), Owner’s […]
81. Marcye Co. manufactures office furniture. During the most productive month of the year, 3,500 desks were manufactured at a total cost of $84,400. In its slowest month, the company made 1,100 desks at a cost of $46,000. Using the high-low method of cost estimation, total fixed costs are: A. $56,000B. $28,400C. $17,600D. cannot be determined from the data given 82. Given the following cost and activity observations for […]
If you were to ask 10 people what they believe to be the most significant issue facing healthcare today, you might get 10 different answers. Escalating costs? Regulation? Technology disruption?
These and many other topics are worthy of discussion. Not surprisingly, much has been said in the research, within the profession, and in the news about these topics. Whether they are issues of finance, quality, workload, or outcomes, there is no shortage of changes to be addressed.
In this Discussion, you examine a national healthcare issue and consider how that issue may impact your work setting. You also analyze how your organization has responded to this issue.
To Prepare:
Post a description of the national healthcare issue/stressor you selected for analysis, and explain how the healthcare issue/stressor may impact your work setting. Then, describe how your health system work setting has responded to the healthcare issue/stressor, including a description of what changes may have been implemented. Be specific and provide examples.
references
Marshall, E., & Broome, M. (2017). Transformational leadership in nursing: From expert clinician to influential leader (2nd ed.). New York, NY: Springer.
45 (45%) - 50 (50%) Answers all parts of the discussion question(s) expectations with reflective critical analysis and synthesis of knowledge gained from the course readings for the module and current credible sources.
Supported by at least three current, credible sources.
Written clearly and concisely with no grammatical or spelling errors and fully adheres to current APA manual writing rules and style.
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