An Unfavorable Rate Variance Has Occurred in the Salary Budget

question 3

Multiple Choice

An unfavorable rate variance has occurred in the salary budget of a unit. When investigating this variance, the nurse manager should look for which situations?

• A) Were any unexpected bonuses awarded?
• B) Did agency personnel hours exceed the number predicted in the budget?
• C) Were new employees hired at lower wages?
• D) Did the number of client days exceed the predicted budgeted amount?
• E) Were fewer nursing hours worked than were predicted?

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Definitions:

Biotic Potential

the maximum reproductive capacity of an organism or population if resources are unlimited in an ideal environmental condition.

Population Size

The total number of individuals within a specific species or group living in a particular geographical area.

Births

The act or process of giving birth; the emergence of a new individual from its mother's womb.

Deaths

The cessation of all biological functions that sustain a living organism.