<u>By outsourcing jail health care and paroling elderly offenders</u>, corrections officials in the United States are controlling costs for their aging prison populations without compromising care quality or public safety.
<h3><u>What are the practical restrictions on outsourcing health care to other nations?</u></h3>
There are a lot of practical restrictions on outsourcing health care to other nations. For example, healthcare applications developed for one country may not be completely appropriate for another, and determining a patient's progress or the reliability of test results is extremely difficult and expensive.
Healthcare business process outsourcing, or simply Healthcare BPO, refers to an outsourced business activity or process that offers support (administrative or otherwise) to medical facilities, employees, and organizations. Coding, billing, and transcribing are among the tasks that are frequently outsourced.
Outsourcing has drawbacks such as service delivery that may be delayed or fall short of expectations, compromised security and confidentiality, and restrictive contracts that may not be flexible enough to accept change.
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Jake has a comparative advantage in the production of corn.
<h3>Who has a comparative advantage?</h3>
A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people. Opportunity good is the number of goods that have to be given up in order to produce a good.
Opportunity cost for:
Jake : 20 / 80 = 0.25
Jane: 40 / 40 = 1
Jake has a lower opportunity cost. He has a comparative advantage in the production of corn
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Your needs (employee) and your employers needs.
Answer:
Utility expense is excess debited in accounting record by $ 180 and credted to cash by $ 180, So the journal entry to adjust the bank reconcilation would be
Cash debit $ 180, utilities credit by $ 180
