NSC407
The process of comparing actual results with the results projected in the budget is _?
Answer: controlling
which of the following is not a type of budget?
Answer: social expenditure budget
Cost of transportaion to the hospital during an illlness is an example of which type of health care cost?
Answer: direct non medical cost
Reduced productivity because of ill-health is an example of which type of health care cost?
Answer: indirect non-medical cost
The type of budget that is planned to make adequate funds available as needed and to use any extra funds profitably is referred to as ?
Answer: cash budgets
Incremental (line-by-line) budget is usually divided into and
Answer: salary and non- salary expenses
The type of budgets that is used to estimate the cost of direct labour necessary to meet the agency’s objectives is
Answer: personnel budget
Non-financial outcomes of disease and medical care not expressed in monetary value are referred to as?
Answer: intangible costs
The plan made for the allocation of resources and a control for ensuring that the results comply with the plans is ?
Answer: budget
The type of budget that is used as a guide to recruit, hire, lay off and discharge personnel is referred to as ?
Answer: none of the above
Click here to follow on Twitter for your Free Exam Summary and free past questions
Whatsapp Chat: 08039407882 for your Project Writeup I Business Plan Writeup I Online Tutorial