Explain how to control these cost drivers by using budgeting

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Question 1: examples of cost drivers in hospitals are the followings: case mix of diagnosis; number of cases; patient needs. Explain how to control these cost drivers by using budgeting and variance analysis. Provide detailed arguments and meaningful examples for each cost driver mentioned earlier.

Question 2: Which are the peculiarities of preparing a revenue budget in non-profit organizations? Provide appropriate examples.

Question 3: Which critical issues have to be analyzed in selecting output measures in not-for-profit organizations? Explain.

Question 4: To determine if a measure is suitable to support a performance goal, it must be subjected to 3 tests. Explain what each test consists of and make appropriate recommendations in case the candidate measure fail some of them.

Reference no: EM133338441

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