Which Component of Budgeting Might Normally Be Addressed in the Annual

question 9

Multiple Choice

Which component of budgeting might normally be addressed in the annual performance evaluation for a nurse manager?

• A) Including in the labor budget costs for overtime and benefits
• B) Managing variances in nursing overtime costs and supply usage
• C) Accurately predicting revenues on the basis of unit-of-service
• D) Providing qualitative analysis for variances in the capital budget

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Definitions:

Hierarchical Organization

A system that ranks its entities or elements in levels of importance, power, or authority.

Chunking

A memory strategy that involves organizing information into manageable and meaningful groups or units to facilitate learning and recall.

Nonfood Products

Items that are not intended for consumption as food, ranging from household goods to personal care items.

Acronym

An abbreviation formed from the initial letters of other words and pronounced as a word.