An Approach That Implicitly Underlies the Decisions About the Design

question 142

Short Answer

An approach that implicitly underlies the decisions about the design of accounting systems, that the potential benefits should exceed the additional costs

Understand the purpose and scope of a health history and functional assessment.

Incorporate a patient’s spiritual values and community into the health history.

Understand the importance of functional assessments in elderly patients who have had a stroke.

Identify key components of a functional assessment for stroke patients.

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Definitions:

Long-run Total Costs

The total costs associated with the production of a certain level of output when all inputs can be varied, emphasizing the period in which no costs are fixed.

Diseconomies of Scale

Diseconomies of scale occur when a company or business grows to such a point that the costs per unit increase, opposite of achieving cost efficiencies through expansion.

Specialization

The process of focusing effort and resources on a limited number of activities to increase efficiency and productivity.

Constant Returns to Scale

A situation in which increasing the amount of inputs in production results in a proportional increase in output.