The Nurse Manager Identified That the Census Was Higher Than

question 9

Multiple Choice

The nurse manager identified that the census was higher than anticipated and the client acuity level was also high; however, fewer nursing hours are paid. This variance is an example of which budgetary variance?

• A) Efficiency
• B) Nonsalary expenditure
• C) Rate
• D) Volume

---

Definitions:

Supplier-Purchaser Relationships

The dynamic between businesses that provide products or services and their customers or clients, focusing on transactional exchanges, trust, and long-term partnerships.

Leveraging Buying Power

Utilizing an organization's or individual's ability to negotiate better terms through the strategic use of their purchasing capacity.

Financial Ratios

Quantitative measures derived from financial statements used to evaluate a company's financial health, performance, and viability.

Balanced Scorecard

Tallies organisational performance in financial, customer service, internal process, and innovation and learning areas.