Exam 11: Budget Concepts for Client Care

As a new nurse manager on the floor, you have been given an annual budget and you must review it. What types of budgets would you expect to see on that annual budget?

Which one of the following documentation tools should you use to provide a snapshot of information and activity at a specific time?

What is the title of the body that accredits health facilities in Canada?

Which one of these terms names a budget that indicates funds designated for the purchase of major new equipment?

The yearly cycle of a twelve- (12-) month budget is based on a fiscal year as determined by the province or territorial government.

Identify budget expenses that would be related to the operating budget.

The nurse manager has created a list of to-do's and things she will need for the new unit that is being built. On a piece of paper, she has plotted out the following information in a rough draft: New unit: supplies, labour, equipment, inspection, building permits. Also included in this list is a list of new equipment needed for the nurses, including updating equipment needs on the floor. The cost of the equipment expenses for the nurses totalled $2,000.00. Budgets have to be made. Looking at the above information, the nurse knows that the unit will have to create two budgets, and she identifies them as

Once you have prepared your program or departmental budget, who will have the responsibility for a final decision regarding acceptance of the budget?