As a New Nurse Manager on the Floor, You Have

question 15

Multiple Choice

As a new nurse manager on the floor, you have been given an annual budget and you must review it. What types of budgets would you expect to see on that annual budget?

• A) operating, capital, and construction budgets
• B) opening, closing, and building budgets
• C) weekly and monthly budgets
• D) monthly budgets

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Definitions:

Working Poor

Describes individuals who are employed but whose earnings are insufficient to meet the basic costs of living.

Maximin Criterion

A principle in decision making which aims to maximize the minimum gain, often used in the context of ensuring the best worst-case scenario.

Income Transfer

The redistribution of income through government policies or mechanisms, often from wealthier to poorer individuals, to reduce income inequality.

Well-Being

A general term for the condition of an individual or group, encompassing physical, psychological, and social aspects of health and happiness.