Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs
125/subject
if urgent then call us on 08791490301, 08273413412
DRIVE Fall 2016
PROGRAM
MBA (sem 3)/MBADS (sem 3 and 5)/PGDHSMN
(sem 1 )
SUBJECT CODE & NAME
MH0054 - Finance, Economics and
Planning in Healthcare
Services BOOK ID-B1214
CREDIT & MARKS-4 Credits, 60
marks
Note:
Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Q.1.
Describe the service tax on healthcare organizations.
Answer:
Service tax on Healthcare
Services is introduced in the Finance Act 2010. Given below are the key
provisions for service tax on healthcare services.
1.
Services
provided by hospital, nursing home or multi-specialty clinic are only taxable.
Hence health-check up and preventive care facilities provided by labs and
diagnostic centres and individual doctors are not
2.
Q.2 Define
health economics. Explain the role of economists in healthcare industry.
Definition
of health economics
Explanation
of role of economists in health care industry
Answer:
Meaning of health economics :
Health
economics is a branch of economics concerned with issues related to efficiency,
effectiveness, value and behaviour in the production and consumption of health
and health care. In broad terms, health economists study the functioning of
health care systems and health-affecting behaviours such as smoking. Health
economists evaluate multiple types of financial information: costs, charges and
Q.3.
Differentiate between various ownership forms of healthcare institutions.
Answer:
Firms in the healthcare industry
consist of a wide array of ownership and organisational structures. American
Institute of Certified Public Accountants Audit and Accounting Guide Health
Care Organisations, 2006
Q.4.
Explain different methods of evaluation of healthcare services.
Answer: Marginal
analysis
This is the one of simplest
method of micro-economic evaluation. In this method, there is no need to know
the total exact costs or benefits of the various services or treatments. It
involves a comparison of the marginal costs and
Q.5 Define
cost accounting. Explain the various categories of costs.
Definition
of cost accounting
Mentioning
various categories of costs
Explanation
of various categories of costs
Answer:
Cost accounting :
Cost
accounting is a process of collecting, analyzing, summarizing and evaluating
various alternative courses of action. Its goal is to advise the management on
the most appropriate course of action based on the cost efficiency
Q.6 What
is financial reporting? Explain the need for financial reporting. (Definition
of financial reporting, Explanation of need for financial reporting) 2, 8
Answer :
Definition of financial reporting :
Financial
reports are the documents and records you put together to track and review how
much money your business is making (or not). The purpose of financial reporting
is to deliver this information to the lenders and shareowners (the
stakeholders) of your business. If someone else is supporting part of your
Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs
125/subject
if urgent then call us on 08791490301, 08273413412
No comments:
Post a Comment