The Manager Is Aware That the Cost Center That She

question 24

Multiple Choice

The manager is aware that the cost center that she manages is a revenue producing unit. What type of area could the nurse be managing?

• A) Radiology
• B) Pain care
• C) Environmental services
• D) Wound care
• E) Laboratory

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Definitions:

Over-subscription

A situation where the demand for a company's new share offering exceeds the available supply.

AASB 101

Denotes the Australian Accounting Standards Board Standard 101, prescribing the basis for presentation of general purpose financial statements to ensure comparability both with the entity's financial statements of previous periods and with the financial statements of other entities.

Equity

Equity represents the value that would be returned to a company's shareholders if all of the assets were liquidated and all of the company's debts were paid off.