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Definition of hospital management system?
A hospital management system is an information system that manages the aspects of a hospital. This may include the administrative, financial, and medical processing.
Compare costing department with administrative department?
The costing department advises the management to take decisions based on the cost efficiency and capability. The administrative department relates to daily activities like financial planning, billing, record-keeping, personnel, etc. ,
Administrative capital of Germany?
Berlin is the capital. There is no separate administrative capital, but Frankfurt is often referred to as the financial capital.
Explain why judging the efficiency of any financial decision requires the existence of a goal?
Explain why judging the efficiency of any financial decision requires the existence of a goal
Average salary for an administrative assistant and financial administration?
try using salary.com
How is financial information system used?
The evaluation of financial data may be performed through ratio analysis, trend evaluation, and financial planning modeling. Financial planning and forecasting are facilitated if used in conjunction with a Decision Support System (DSS).
The objective of internal accounting and administrative control are to provide?
The objective of internal accounting and administrative control is to ensure the accuracy and reliability of financial reporting, safeguard assets, and promote operational efficiency. These controls help prevent fraud, mismanagement, and errors, thereby fostering accountability within the organization. Additionally, they support compliance with laws and regulations, enhancing overall organizational integrity and performance.
How is information system useful?
The evaluation of financial data may be performed through ratio analysis, trend evaluation, and financial planning modeling. Financial planning and forecasting are facilitated if used in conjunction with a Decision Support System (DSS).
Is a measure of the efficiency of an investment?
The ROI is a measure of the efficiency of an investment. ROI is a term used in the financial world, it means return on investment.
What are duties and responsibilities of an administrative officer?
The duties and responsibilities of an administrative officer will vary depending on the business. They will typically oversee the human and financial resources of the business on a day-to-day basis.
What are four major financial ratios?
Liquidity, Profitability, Leverage, and Activity/Efficiency
Example of working capital?
Working capital is a measure of a company's efficiency and its financial health. A measure of a companies efficiency is an example of working capital.
