A Hospital Administrator Is in the Process of Implementing an Activity-Based-Costing

question 47

Multiple Choice

A hospital administrator is in the process of implementing an activity-based-costing system. Which of the following tasks would not be part of this process?

• A) Identification of cost pools.
• B) Calculation of pool rates.
• C) Assignment of cost to services provided.
• D) Identification of cost drivers.
• E) None of the answers is correct.

---

Definitions:

Capitalism

An economic system where private ownership and free market principles dominate, aiming for profit through production and exchange.

Exploitation

The unfair treatment or use of someone or something for one's own advantage or profit, often without proper compensation.

Workers

Individuals engaged in a job or activity for wages or salary, often referred to as employees in various sectors of the economy.

Social Mobility

A person’s movement over time from one class to another.