A Hospital's Budget Is Incremental

question 10

Multiple Choice

A hospital's budget is incremental. Which statement by the nurse manager reflects use of this type of budget? Note: Credit will be given only if all correct choices and no incorrect choices are selected. Select all that apply.

• A) "The finance department sent me the budget worksheet with last year's expenses."
• B) "We have $1,000 left in our education account that we need to spend before the year is over. Who has an idea for a class to attend?"
• C) "I have to justify all our activities as if we have never done them before."
• D) "I like this type of budget preparation because it is fairly simple and straightforward."
• E) "In order to create next year's budget, I am to start at 80% of what we budgeted last year."

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Definitions:

Honesty

The quality of being truthful, transparent, and free from deceit or falsehood.

Flexibility

The quality of being adaptable or willing to adjust to new conditions or situations.

Flexible

Capable of adapting to new, different, or changing requirements or situations with ease.

Rigid

Characterized by inflexibility or strictness in structures, systems, or attitudes, potentially hindering adaptability or progress.