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Why is the accuracy of cost allocation so important?

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Importance of Accurate Cost Allocation: Successes or Failures

Instructions:

Before answering question below, please review and use attached journal article (COST ALLOCATIONS FOR HOSPITAL MANAGEMENT) as the only reference/citation in the paper. Why is the accuracy of cost allocation so important? Cite real-life examples of either successes or failures in cost allocation.

Content:

Importance of accurate cost allocation Student’s Name University Affiliation Importance of accurate cost allocation Accurate cost allocation is a precise or exact allocation of the cost of resources in an organization including operational costs and al

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