The Nursing Unit Is Being Asked to Decrease Costs by 10

Essay

The nursing unit is being asked to decrease costs by 10% this year. The manager takes this request to the nursing staff for suggestions to meet the goal. Which suggestions would be helpful in this endeavor?
1. Liability that is incurred from the acquisition of an asset
2. Costs that do not increase or decrease due to changes in volume
3. Smallest functional unit
4. A financial statement identifying assets and liabilities
5. A decrease in the organization's equity due to operations
Choices:
Balance sheet
Cost center
Expense
Fixed costs
Indirect costs
Liability
Overhead