Accounting costs are usually lower than economic costs because
A) accountants include depreciation when calculating hospital costs.
B) accountants exclude depreciation when calculating hospital costs.
C) accountants calculate tax credits and value them in calculating hospital costs.
D) economists include the opportunity cost of resources when calculating hospital costs.
E) accountants and economists calculate depreciation differently.
Correct Answer:
Verified
Q10: The Balanced Budget Act of 1971 imposed
Q11: It is generally more expensive for hospital
Q12: When comparing accounting vs. economic costs, the
Q13: Many hospitals break out the payment for
Q14: A specialty hospital opens up with 50
Q16: Long term planning in building a flexible
Q17: The cost per patient day at Hospital
Q18: Long run cost functions
A) are comprised of
Q19: Which of the following tools has not
Q20: Improvements in quality of medical procedures often
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents