An entrepreneur is a person who combines the other factors of production - land, labor, and capital - to earn a profit.
Answer:. When patients participate in decision making and understand what they need to do, they are more likely to follow through.
Explanation:
Answer:
Paying salaries to employees is a cash out flow and an operating activity
Receiving cash for services it will perform in the future is a cash inflow and an operating activity
Pays back principal on a bank loan evidenced by a promissory note is a cash outflow and a financing activity
Sells equipment previously used in business for cash is a cash inflow and an investing activity
Cash purchase of equipment to be used in business is a cash outflow and an investing activity
Payment of cash dividend to the stockholders in a cash outflow and a financing activity
Explanation:
Answer:
Explanation:
The direct cost is the cost that is directly related to production. The example is direct material cost, direct labor cost, etc whereas the indirect cost is the cost that is not directly related to the production. It is also known as overhead cost only records all indirect cost i.e depreciation on equipment of factory, property taxes, etc
Based on this, the classification is as follows
1 The wages of pediatric nurses / The pediatric department = Direct cost (D)
2 Prescription drugs / A particular patient = Direct cost (D)
3 Heating the hospital / The pediatric patient = Indirect cost (D)
4 The salary of the head of pediatrics / The pediatric patient = Direct cost (D)
5 The salary of the head of pediatrics / The particular pediatric patient = Indirect cost (D)
6 Hospital chaplain's salary / A particular patient = Indirect cost (D)
7 Lab tests by outside contractor / A particular patient = Direct cost (D)
8 Lab tests by outside contractor / A particular department = Direct cost (D)