In Preparing Her Budget,a Nurse Manager Determines That She Needs

question 12

Multiple Choice

In preparing her budget,a nurse manager determines that she needs to budget for six FTE RN positions in the upcoming year.Based on a 40-hour week,this means that the nurse manager has determined that the budget will provide for _____ hours.

• A) 12,480 productive
• B) 10,820 productive
• C) 12,480 paid
• D) 10,800 patient care

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Definitions:

Fiscal Year

A one-year period that companies and governments use for financial reporting and budgeting that does not necessarily align with the calendar year.

Transactions

The exchange or transfer of goods, services, or funds between two or more parties.

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements, which may begin and end at any point during the calendar year.