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____ Trauma Centers Must Be Able to Provide 24-Hour In-House

question 23

Multiple Choice

____ Trauma Centers must be able to provide 24-hour in-house general surgical intervention as well as specialty care in orthopedic surgery, neurosurgery, emergency medicine, radiology, internal medicine, and critical care. They also must be prepared to handle most specialty trauma including burns and eye injuries.


Definitions:

Actual Overhead

The real, incurred costs of running a production or service operation, excluding direct labor and direct materials.

Activity-Based Costing

A pricing strategy that pinpoints various tasks within a company and allocates the expenses of each task to every product and service based on their specific usage.

Overhead Rate

A calculation used to allocate indirect costs to produced goods or services, often based on labor hours, machine hours, or direct labor costs.

Cost of Services Account

An accounting category that includes all direct costs associated with the delivery of services, such as labor and materials.

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