In Deciding Whether to Add or Delete a Product, Service

question 56

Multiple Choice

In deciding whether to add or delete a product, service, or department, the depreciation associated with the custom- built equipment used to produce the product is an:

• A) unavoidable variable cost
• B) unavoidable fixed cost
• C) avoidable variable cost
• D) avoidable fixed cost

Recognize the importance of resource availability and administrative support for health projects.

Identify flaws and challenges in health care legislation and planning over the past decades.

Acknowledge the necessity of continuous assessment and adaptation in health project management.

Comprehend the historical context and impact of significant health care amendments and acts.

---

Definitions:

Trial Balance

A bookkeeping report that lists the balances in each general ledger account at a specific point in time, used to check the accuracy of bookkeeping entries.

Debit Column

The side of an accounting ledger where increases in assets, expenses, and withdrawals are recorded.

Credit Column

is a section in financial statements or ledgers where increases in liability, equity, and revenue accounts or decreases in asset and expense accounts are recorded.

Drawing Account

An account that tracks amounts withdrawn from a business by its owners for personal use, which reduces the owner's equity.