Question

Hospitals generally adopt one best markup percentage for fees associated with supplies.

True

False

The purchasing function can represent a significant source of potential financial value to a hospital.

True

False

Segregation of duties in the purchasing function entails implementation of a three way match process where steps in ordering, receiving, and paying for goods are handled by three separate persons.

True

False

Answer 1

The statement is false "Hospitals generally adopt one best markup percentage for fees associated with supplies."

True statemet as the purchasing function can be the best tool to represent a significant source of potential financial value to a hospital in the healthcare system.

True statement as the egregation of duties in the purchasing function covers the implementation of a 3 ways match process involving the ordering, receiving, and paying as crucial steps for goods and are generally handeled by the separate persons.