Identify responsibility center as either a service center


Question:

Identify each responsibility center below as either a service center, cost center (clinical or administrative), profit center (capitated or administrative), or investment center. Explain your choices:

a. Radiology department that must control its own costs.

b. Admitting department of a hospital.

c. HMO.

d. Stand-alone outpatient clinic that must earn a 10 percent ROI.

e. Volunteer department with no budget.

f. Development office.

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Identify responsibility center as either a service center
Reference No:- TGS02041075

Now Priced at $10 (50% Discount)

Recommended (93%)

Rated (4.5/5)