Examlex
Nursing home quality measurements are linked to indicators from Donabedian's model (1985) which is based upon:
Direct Labor Cost
The expense associated with labor directly involved in the production process of goods or services, distinguishing from indirect labor costs like maintenance personnel.
Materials Used
The quantity and cost of raw materials consumed in the production process, including both direct and indirect materials.
Manufacturing Overhead Account
An accounting term that aggregates all indirect costs associated with manufacturing a product.
Adjusting
The process of making modifications to certain accounts through adjusting entries to reflect the true financial status of a business at the end of an accounting period.
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