Cost Management I.P 2 - Essay Example

Only on StudentShare

Extract of sample
Cost Management I.P 2

Such meetings can be curtailed till budgetary position improves. This should be second priority. Reducing salaries should be the last option.
We already have the services of two social workers under the head 'Community Mental Health Services'. Therefore we can work with one social worker in 'Outpatient mental health treatment'. The burden can be equally shared between these three. (some more bonus can be distributed amongst these three for putting in extra efforts).
iii. She has to arrange the facilities in such a manner that the cost cutting exercise does not affect the routine check-ups. Dr Stephanie should not be seen as shooing away the patients citing lesser funds. ...Show more

Summary

In this IT age when PCs are replacing Secretaries, the clinic in dire need of austerity measures can also do with only one secretary (he can be given some extra bonus) more secretarial work can be given to the assistant of Dr. White.
Professional meets generally end up in lavish luncheons or late night parties…
Author : oklocko
Save Your Time for More Important Things
Let us write a custom essay on your topic
"Cost Management I.P 2"
with a personal 20% discount.
Find out more

Related Essays

MANAGEMENT ACCOUNTING - Cost system
The Classic Products Limited (CPL) has been following marginal costing system for accounting its cost information and related decision making. The concept of marginal costing is highly relevant for manufacturing concerns where huge amount has been spent for fixed capital investment.
8 pages (2000 words) Essay
Cost Management
3. Two Secretaries: The employees can do their secretarial works themselves; and hence do not essentially require secretaries to maintain high levels of operations. We can eliminate the secretary posts without effecting operations and quality of health care (best case).
2 pages (500 words) Essay
Management Accounting - The 'Raw Material' cost as a 'Variable Cost'.
Financial Accounting is concerned with development of financial statements of the company to be used by stakeholders like customers, management, employees, shareholders, regulatory agencies, creditors and debtors etc. The scope of financial accounting is usually external to the organization where stakeholders analyze the financial health of the company through its financial statements like balance sheet, income statement, statement of retained earnings and cash flow statement (MIT Open Courseware, 2004).
2 pages (500 words) Essay
Cost and Management Accounting
ded carbonates through effective sustainability process designs.. The Group has made significant investment across its procurement, production and quality control, customer management, category marketing and distribution functions with the aim of being able to deliver a high quality product at any time or place of customer interest.
7 pages (1750 words) Essay
cost management
It is an accounting truism that profit is nothing but the difference between revenue and cost and when dull market conditions
18 pages (4500 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT