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    Cost accounting relevant to health care organizations

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    Is the current focus on changing cost accounting relevant to health care organizations? Why or why not?

    © BrainMass Inc. brainmass.com October 10, 2019, 1:44 am ad1c9bdddf
    https://brainmass.com/business/financial-accounting-bookkeeping/cost-accounting-relevant-to-health-care-organizations-346934

    Solution Preview

    New concepts of cost accounting like Lean Accounting are helpful for health care industry as like other industries.

    For example, Activity Based Costing will be very useful in allocating cost of each activity to ...

    Solution Summary

    Solution clearly explains focus on changing cost accounting relevant to health care organizations.

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