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An RN has joined the practice council at the hospital network.The RN is able to have some say regarding nursing practice in the network and now feels as if network administration is listening to the RN's recommendations.Which of the following components of empowerment does this scenario best describe?
Allocated Cost
Expenses assigned to a specific department, project, or product, based on a formula or allocation method.
Budgeted Amounts
Estimates of revenues, expenses, and other financial activities for a future period, used for planning purposes.
Operating Departments
Divisions within an organization responsible for carrying out the main business activities directly related to generating revenues.
Two-Stage Cost
A method in cost accounting where costs are allocated to cost centers in two stages, first to departments then to products or services.
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