Which of the Following Statements Indicates the Nurse's Understanding of Fiscal

question 11

Multiple Choice

Which of the following statements indicates the nurse's understanding of fiscal responsibility?

• A)"Fiscal responsibility should be a concern for all nurses."
• B)"Fiscal responsibility is only a concern for the department manager."
• C)"Fiscal responsibility is only a concern for the hospital administrators."
• D)"Fiscal responsibility is not a concern for the nursing staff."

---

Definitions:

Past Performance

Historical results achieved by an individual or organization, used as a benchmark for evaluating current capabilities.

Benchmark

is a standard or point of reference against which things may be compared or assessed.

Performance Objectives

Specific goals and targets set to evaluate the effectiveness and productivity of employees or systems within an organization.

Control Process

The method by which an organization monitors and regulates its operations, systems, and processes to meet its objectives.