Multiple Choice
In a large health care facility,the executive administrative leaders set the budget goals to decrease full-time equivalents by 3%,eliminate the cost of agency nurses,reduce lost revenue from lost supplies by 1%,and provide a 0.5% hourly salary incentive for working on a float unit when the assigned unit has a low census.Nurse managers meet with nursing administrators to design their unit budgets to meet these established goals.This is an example of what type of budget approach?
A) Top-down
B) Participatory
C) Iterative
D) Incremental
Correct Answer:

Verified
Correct Answer:
Verified
Q7: The nurse manager meets with upper administration
Q8: What is the intended action when the
Q9: The financial plan required for the distribution
Q10: The nurse manager meets with upper management
Q11: The nursing executive team met to review
Q12: A nurse manager is working with the
Q13: Nurses on a unit met with the
Q14: Organizations measure the effectiveness of their budgets
Q15: A primary function of the budgeting process
Q17: A nurse manager plans the fiscal budget