Multiple Choice
One of the more difficult tasks nurse managers face is estimating the levels of floor staff, patient care levels, supplies and department overhead. Expense forecasting can be a challenge to any business, but the expense forecasting the business of healthcare can be daunting. In determining department staffing requirements, the nurse manager should include:
A) All overhead including capitol budgeting
B) Staffed beds and cost variance
C) Levels of staffing, vacation time and paid training time
D) Cost-benefit analysis
Correct Answer:

Verified
Correct Answer:
Verified
Q6: One of the most challenging aspects of
Q7: Budgeting provides a foundation for:<br>A)Expenditure control<br>B)Managing and
Q8: Continued variances to budgets that are not
Q9: The best definition of a budget variance
Q10: An important step in controlling expenditures and
Q12: What is the definition of inpatient discharges?<br>A)Patients
Q13: A discrepancy in a line-item comparison of
Q14: The advantage of an incremental budget is:<br>A)Line-item
Q15: Based on the new total average monthly
Q16: Nurse managers use variance graphs to:<br>A)Spot trends<br>B)Spot