Assignment
Length: 1200 words.
Describe the importance of proper cost allocation to health services organizations by answering the following questions:
i) What is the goal of cost allocation in the healthcare system?
ii) What two characteristics make an effective cost driver?
iii) What are the four steps in the cost allocation process?
iv) What are the three primary methods of cost allocation?
v) Explain how they differ?
vi) Which one do you think is best? Which is the worst?
Format your assignment according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes 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.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.