Relate the Reason(s) Why Voice Recognition Software Is Eventually More

question 24

Short Answer

Relate the reason(s) why voice recognition software is eventually more cost efficient for a physician's practice or hospital.

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Definitions:

Prime Cost

The combined direct costs of manufacturing a product, specifically direct materials and direct labor.

Plant Janitor's Wages

The compensation paid to janitorial staff responsible for cleaning and maintaining industrial or manufacturing facilities.

Direct Labor Wages

The compensation paid to employees who are directly involved in the production of goods or the provision of services.

Conversion Costs

The costs incurred to convert raw materials into finished products, typically including labor and manufacturing overhead.