Multiple Choice
Budget variances are:
A) A result of positive revenues
B) The difference between what was budgeted and what actually occurred
C) A budget that accommodates a range of activities
D) A tangible asset pledged to repay a loan
Correct Answer:
Verified
Correct Answer:
Verified
Q10: Measures of performance responsibility centers include:<br>A) Responsibility<br>B)
Q11: The result of a favorable variance is
Q12: The degree of decentralization has to balance
Q13: Common variances used by health care organizations
Q14: A basic attribute of a responsibility center
Q15: Cost centers are responsible for providing services
Q16: Budget variances should not occur with approved
Q18: Transfer center is a type of responsibility
Q19: Advantages of decentralization include:<br>A) Loss of control<br>B)
Q20: Types of responsibility centers include all but