1.5 FORMULATION OF HYPOTHESIS
In
this study, we will have two main types of hypothesis; the null
hypothesis denoted by (H0) and Alternative hypothesis denoted by (H1).
The null hypothesis is constructed such that it can be accepted if the
alternative hypothesis is rejected.
Accordingly, the researcher would examine the following hypothesis.
HYPOTHESIS 1
H0: Government and privately owned hospitals do not adopt the daily control method of expenditure control.
H1: Government and privately owned hospitals adopt the daily control method of expenditure control.
HYPOTHESIS 11
H0: Government and privately owned hospitals do not use the same method of expenditure control.
H1: Government and privately owned hospitals uses the same methods of expenditure control
HYPOTHESIS 111
H0: The methods of expenditure control used by government and privately owned hospitals are not effective and efficient.
H1: The methods of expenditure control used by government and privately owned hospitals are effective and efficient.
1.6 SIGNIFICANE OF THE STUDY
Control
has to be exercised over all aspect of a business organisation as a
guard against any form of derailment from the organisations objective.
Therefore,
the need to install an effective and efficient expenditure control
method in any organisation be it profit making or non-profit oriented
cannot be over emphasised. This is because lack of this practice
(expenditure control) in any organisation (profit oriented or
non-oriented) will cause misapplication of cash in cash disbursement
exercise. Thus may create a very high problem which may lead the
organisations into deficit and in extreme cases, the organisation may
wind up.
This defines why this research hopes to create awareness to
management team of government and privately owned hospitals in order to
put in place an effective control system.
It will also improve the various ways and methods by which expenditure are being controlled in each of the hospitals.
Being
a comparative study, it will be useful to policy formulations in health
related issues, hospitals management board and potential managers of
the hospitals.
1.7 SCOPE OF THE STUDY
The study is on the
expenditure control method on government and privately owned hospitals,
as a comparative study, it will be limited to the accounting sections of
the hospitals, which deals with its income and expenditure. However,
other issue which has direct implication on the control aspect will be
treated.
1.8 LIMITATIONS OF THE STUDY
Like every other research work, a lot of things posed as limitations to the research. They include:
a)
Financial: The present economic constraint in the country makes it
difficult for some families to feed well. Parents are faced with the
difficulty of training their children, especially those who have
children in the university find it difficult to pay their fees much more
sponsoring the research project work. The researcher of this project is
not an exception. So also, she uses the limited resources within her
reach to make this research work a reality.
b) Time: The interval
between chosen of project topic, the submission of the project and the
preparation for the degree exams is very infinitesimal, but these are
mandatory activities and hence, the researcher was deprived of many
other activities to ensure their fulfilment.
c) Attitude of workers:
owing to the fact that so many workers (employees) are not aware of what
research is all about and its importance, they have non-challant
attitude towards the researcher making it difficult for her to get the
information’s needed