You Are Developing a Complete Data Dictionary for Your Facility

question 915

Multiple Choice

You are developing a complete data dictionary for your facility. Which of the following resources will be most helpful in providing standard definitions for data commonly collected in acute care hospitals?

• A) Minimum Data Set
• B) Uniform Hospital Discharge Data Set
• C) Conditions of Participation
• D) Federal Register

---

Definitions:

High-Low Method

A technique used in cost accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.

Mixed Cost

Mixed cost refers to a cost that contains both variable and fixed cost elements, meaning it changes with the level of activity but not directly proportionate.

Activity Level

The volume of work or output produced, often used in costing and budgeting processes to measure levels of operations.

Total Cost

The complete cost of production, combining all costs of inputs and expenditures related to producing something, including direct, indirect, fixed, and variable costs.