A Nurse Manager Is Preparing a Budget That Does Not

question 3

Multiple Choice

A nurse manager is preparing a budget that does not base annual budgets on the revenue and expenditures of the prior year and has the advantage that outdated information is not integrated into the budget.The manager is using which budget method?

• A) Zero-based
• B) Incremental
• C) Labor
• D) Operational

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Definitions:

Joint Tenant

An individual co-owning property with one or more persons, where each owns an equal share, and upon death, the interest passes to the surviving co-owners.

Chosen Heirs

Individuals or entities designated to receive inheritance under a will or through state intestacy laws in the absence of a will.

Fee Simple Absolute

An ownership interest in land in which the owner has the greatest possible aggregation of rights, privileges, and power. The owner can use, possess, or dispose of the property as he or she chooses during his or her lifetime. On death, the interest in the property passes to the owner’s heirs.

Disposition

The act of selling, giving away, or disposing of property; also pertains to the inclination or temperament of a person.