Define cost estimation.

Discussion; Cost Estimation in Health Care.

Define cost estimation. Fully describe methods of cost estimation that may be used by the financial analysis, and express an opinion about the metrod or methods that provide the most accurate results. Then, based on reading from Module resorces (Cost Accounting A managerial Emphasis-fourteenth edition) what do you feel is the most suitable methods for application in determining health care cost? Elaborate and fully support your position