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Explain why cost management and cost allocation is important

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Reference no: EM132161046

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1. Explain why cost management and cost allocation is important information for a healthcare manager?

2. What is equity financing? Identify ONE advantage and ONE disadvantage of equity financing.

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The cost allocation and cost management are vital for a healthcare manager because they are the keys for the implementation of the appropriate techniques of making sure that the cost analyzing is done correctly.Equity financing it refers to the process of selling an ownership interest for raising funds for the purpose of business. Financing is committed to the intended project and business which is one of the benefits of such method of financing.

Reference no: EM132161046

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