Running Head: REFLECTIVE JOURNAL
1
3-2 Reflective Journal: Mini Case Study
IHP450
SNHU
May 22,2022
REFLECTIVE JOURNAL
2
Physician owners adopt a number of measures improve their profitability without can to
increasing the rates of the products. For increasing profits, essential understand the it is to
association between costs and expenses. Cost primarily refers expenditure, whereas expense to
refers the consumption of item or commodity that has been acquired. , the cost be to an So can
considered be the money that spent on acquiring asset. the other to is an On hand, the expense is
the amount that is spent while consuming the asset. The formula relating profit presented to is
