Examlex
Which of the following is a stage 3 requirement for Medicare and Medicaid EHR Incentive Program?
Unfavorable Effect
Occurs when actual costs exceed budgeted costs, or actual revenues are less than expected, negatively impacting financial performance.
Trained Workers
Personnel who have received specific training to perform their job duties effectively and efficiently.
Variances
Differences between planned or standard costs and actual costs, analyzed to understand and manage costs within financial planning.
Direct Materials Purchases Variance
The difference between the actual cost of direct materials purchased and the expected (or standard) cost of those materials.
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