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What is the average US health care cost per a family?

The average health care costs in the United States is approximately $20,000. The average amount that the United States spends on health in terms of GDP per capita is almost 18%.


What is administrative Budget?

An administrative budget outlines the expected costs associated with the management and operational functions of an organization. It typically includes expenses related to salaries, office supplies, utilities, and other overhead costs necessary for administrative activities. This budget helps ensure that an organization allocates sufficient resources for effective administration while controlling expenses to maintain financial health. Properly managing an administrative budget is essential for achieving overall organizational goals and efficiency.


Are selling and administrative expenses treated as product costs or as period costs under variable costing?

Period Costs.


Are selling and administrative expenses treated as product costs or period costs under variable costing?

Period Costs.


Are FedEx administrative offices fixed or common costs?

FedEx administrative offices are typically considered fixed costs. Fixed costs do not vary with the level of production or sales and remain constant over a specific period. Administrative expenses, such as salaries, rent, utilities, and office supplies associated with the administrative offices, are considered fixed costs as they do not fluctuate based on the volume of services provided or packages delivered by FedEx.


How will the healthcare reform affect health management jobs?

Certainly. Managers can expect to see increased administrative costs. More detailed tax information will need to be kept.


Under variable costing variable selling and administrative costs are included in product costs?

No. They are not.they are part of period costs.


How much does the food cost at a fine dining restaurant?

It depends on many things, such as how hungry you are, how many people are in your group, if you want drinks or not, where the restaaurant is located, what type of food is it and other factors.Valentines MenuSet MenuA la CarteSunday MenuLounge MenuSteak & Burger MenuDrinksTapas MenuChildren's Menu


What percentage of a money donation goes to administrative costs?

It varies from organization to organization.


What are the benefits of being a single payer?

There are numerous benefits of being a single payer. In context of the Universal Health Care Insurance Plan, the single payer systems has lower administrative costs and less paper work.


Is a reason why health insurance cost are escalating?

Health insurance costs are escalating due to several factors, including rising medical costs driven by advanced technology, increased demand for healthcare services, and higher prices for prescription medications. Additionally, administrative costs and the complexities of health care billing contribute to overall expenses. The aging population also plays a significant role, as older individuals typically require more medical care. Together, these factors create a challenging environment for keeping health insurance premiums affordable.


What are the advantages of excess of loss reinsurance?

- Simplified accounting procedures - Low administrative costs