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Health Care Reforms
Beginning of paper
The key opportunities will be changing processes to reduce the delivered cost of material through cost accounting, imbedded cost and cash flow.
I. Cost Accounting
A. activity-based costing
B. end product
C. expenditures
II. Imbedded Cost
A. customers
B. quality control
C. paying back invisible costs
III. Cash Flow
A. timely accounts payab ....
Middle of paper
....xpenses and overhead that can't be directly traced to a specific product or service. The impreciseness of most allocation techniques tends to misrepresent real cost levels, resulting in poor business decisions and mis-allocation of resources.
Reform will be a catalyst spurring the materiel management organization to learn more about internal cust.... |
| Word count: 503 |
Page count: 2 |
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