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Cost accounting relevant to health care organizations

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

© BrainMass Inc. brainmass.com August 15, 2018, 8:59 pm ad1c9bdddf

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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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