Choose one topic. Write no more than a page and a half to two pages. Turnit will check all papers.

Choose One (Write no more than 2 pages)

1. Develop a list of twenty capital budget requested items of your choosing. Apply a purchase price against each of them. Sort the list by highest to lowest price. See if this arbitrary list with arbitrary prices supports the 80–20 rule.

2. Compare the bottom-line financial results of using a fixed budget and a flexible budget if volumes (a) increase by 10 percent or (b) decrease by 10 percent.

3. Discuss the value of using microbased cost accounting in the hospital organization and the deficiencies caused if cost accounting is not used or is used ineffectively.