A Nurse Manager Must Implement a 2% Budget Cut on the Nursing

question 19

Multiple Choice

A nurse manager must implement a 2% budget cut on the nursing unit.What approach would the manager use to most effectively empower the staff of the unit?

• A) Discuss the guidelines for the budget cuts with the staff, making the decisions with those who participate.
• B) Inform the staff of the budget cuts in a series of small group meetings and accept their ideas in writing only.
• C) Provide the staff with handouts about the budget cuts and let them make recommendations in writing.
• D) Hold a series of mandatory meetings on the budget cuts, asking staff for ideas on the cuts.

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Definitions:

Machinery

Tangible assets used in operations, such as production or manufacturing equipment, that have a useful life beyond one year.

Amortize

The process of spreading out a loan or an intangible asset cost over a specific period of time for accounting and tax purposes.

Accumulated Depreciation

The total depreciation that has been applied to a fixed asset since it was acquired, representing the loss of value over time.

Balance Sheet

A financial record showing the balance of assets, liabilities, and equity of shareholders of an enterprise on a specific date.