Why is accounting important in healthcare?

Q: Why continuing education is important?

A: Continuing education is important to upgrade your skills and is important for career satisfaction...

Q: what are the charatristics of accounting

A: The answer is as fallows

Q: How is Impairment Testing applicable to accounting?

A: A process under which financial transactions are recorded, summarized, interpreted, and presented in…

Q: What Is Forensic Accounting?

A: Forensic Accounting i an integral part of Accounting.Its basically kind of Hindsighting in a legal…

Q: Define the key elements of prospective payment and its impact on health care at a facility.

A: A Prospective Payment System (PPS) is a reimbursement method in which a predetermined,fixed amount…

Q: Identify and explain the cost controls utilized by Managed-Care health plans

A: Managed care health plans is a recent change in health care insurance plan in country to reduce the…

Q: What is accounting base on

A: The term that is related to the recording of the business transactions, summarizing the data, and…

Q: Whether accounting is an art or science?

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: what is medicare

A: Insurance is an agreement in which the company provides a guarantee of compensation for specified…

Q: hat are the relationship between framing effect and mental accounting?

A: Mental Accounting: Mental accounting refers to the various values an individual places on the same…

Q: What is the relevance of the nurse to the decision making of an entity?

A: Acute care nursing decision-making necessitates the consideration of numerous complex aspects.

Q: what is accounting and why do we need it?

A: Accounting is the art of recording,  classifying and summarizing business transactions to take…

Q: Identify the process of Recovery Audit Contractors and discuss its impact on healthcare…

A: Recovery Audit Contractors The main obligation of Recovery Audit Contractors to identified the fault…

Q: What are the differences between the strategic initiatives and operating activities of a health care…

A: Difference among operating activities of healthcare organization and strategic initiativesStrategic…

Q: Why is professional judgment important in accouting?

A: Professional judgement means the experience gained by a professional through training and continuous…

Q: How is health care marketing different from marketing in other industries?

A: Healthcare sector includes companies that manufacture healthcare products, medical equipments, and…

Q: What is CPA?

A: CPA is certified public accountant.

Q: Reasons why accounting is social science

A: Accounting The process under transactions that are financial in nature are recorded, analyzed, and…

Q: accounting definition?

A: Accounting means a process of recording , classifying , summarizing , interpreting and communication…

Q: What concepts of mathematics are important in the field of accountancy?

A: Accounting: It is the process of recording, classifying, summarizing all transactions of a business…

Q: Explain the benefits of positive risk taking for individuals accessing services

A: Positive risk taking : Risk means loss or harm i.e., something harmful will happen. For an…

Q: portance of accounting as a social

A: Accounting: "A formal process of measuring the events into monetary terms and recording,…

Q: Accountancy concepts should be explained.

A: Accounting fundamentals: Accounting principles refer to the conventions or standards that must be…

Q: Why should you as accounting student need to understand normalization

A: Normalization techniques are important because they help in proper storage of data by eliminating…

Q: what is accounting?

A: Bookkeeping refers to the process of identifying, measuring and recording of financial transactions.…

Q: What is your insight/reflection about accounting?

A: Every business operates for the purpose of generating profits. For calculating and measuring results…

Q: Architecture useful in Accountancy course? Why or why not?

A: accountancy is not only a subject but it is widely spread in almost all the sectors. Dealings under…

Q: What is the significance of science and technology to accountancy? What is the relationship of…

A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…

Q: What is the value of the transparency of the hospital compare data (consider for hospitals that are…

A: Quality score in hospitals is a standard /metric/ tool used which signify the trend of patients’…

Q: What is meant by the term fresh start accounting ?

A: Fresh start accounting: After emerging from the Bankruptcy business adopts a fresh start.

Q: What is the importance of Accounting's definition, nature, history, and internal users of its…

A: Accounting information consist of accounting data evaluation, assessment and final result. Financial…

Q: Describe Due Professional Care

A: Auditing means the inspection of financial accounts of the company to determine if the records are…

Q: Which expenses are associated with the risk of disability?

A: Disability refers to being abnormal from others i.e the person is incapable in a or few aspects from…