Lab budget
Quiz by WAN SHAHRIMAN YUSHDIE WAN YUSOFF
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10 questions
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- Q1In a medical laboratory budget, which of the following is considered a variable cost?Salaries of permanent staffCost of reagents used for testsEquipment maintenance feesUtilities such as electricity30s
- Q2When creating a budget for a medical laboratory, which of the following is considered a fixed cost?Equipment depreciation expensesHourly wages for part-time staffCost of disposable suppliesCost of calibration for testing instruments30s
- Q3In a medical laboratory budget, which of the following is considered an indirect cost?Salaries of laboratory techniciansCost of specific test kitsMaintenance fees for laboratory equipmentAdministrative overhead expenses30s
- Q4Which of the following is a key factor to consider when budgeting for a medical laboratory?Number of laboratory staff membersPatient volume and testing frequencyCost of building rentLocation of the laboratory30s
- Q5When preparing a budget for a medical laboratory, what is meant by 'capital expenditure'?Investments in long-term assets like new equipmentUtility bills for operating the laboratoryPurchasing reagents for routine testsMonthly salaries for laboratory staff30s
- Q6In a medical laboratory budget, what is the purpose of allocating funds for quality control measures?Ensuring accurate and reliable test resultsReducing staff salaries for cost-savingCovering the expenses of employee training programsPurchasing additional laboratory furniture30s
- Q7In cost accounting for medical laboratories, what is considered a direct cost?Salaries of administrative staffOverhead costs for maintenanceReagents used in testsUtility bills for the laboratory building30s
- Q8What is an example of an indirect cost in cost accounting for medical laboratories?Utility bills for the laboratory buildingCost of medical equipmentTechnician salariesCost of reagents used in tests30s
- Q9Which of the following would be considered a variable cost in cost accounting for medical laboratories?Salary of the lab managerCost of reagents used in testsDepreciation of laboratory equipmentAnnual license fee for laboratory software30s
- Q10Which of the following is an example of a fixed cost in cost accounting for medical laboratories?Hourly wages for lab techniciansMonthly rent for the laboratory spaceCost of reagents used in testsMaintenance expenses for equipment30s