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Internal financial performance reports provide the data needed to manage financial and other resourc

Internal financial performance reports provide the data needed to manage financial and other resourc. Question
Answered step-by-step
Asked by aschwartz81

Internal financial performance reports provide the data needed to manage financial and other resources as well as establish individual responsibility. These financial data are further used to provide a summary of what transpired during a given period of time. Typically, there are (3) types of costs a nurse practitioner should be familiar with: (1) fixed costs, (2) variable costs, (3) semi-variable costs. 

What are semi-variable costs? Provide an example. How might semi-variable costs impact your practice, if at all?

Please provide references also

SCIENCE
HEALTH SCIENCE
NURSING
NR 506

Internal financial performance reports provide the data needed to manage financial and other resourc

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