Describe the three main phases of the costing process


Assignment

Respond to each of the following questions:

1. Describe the existing needs for cost information in healthcare firms.

2. Describe how cost information relates to the three key activities of management: planning, budgeting, and control.

3. Describe the three main phases of the costing process.

4. Explain the two systems necessary to accurately cost healthcare encounters of care.

5. Describe the concept of relative value units (RVU).

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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