Author Question: The nurse manager reviews the unit's budget quarterly. One advantage of such a budget review is ... (Read 170 times)

dejastew · **on:** Jul 8, 2018

The nurse manager reviews the unit's budget quarterly. One advantage of such a budget review is that:

a. It is time consuming and expensive
b. Corrective measures can be taken
c. The budget converts organizational performance into monetary values
d. The budget supersedes the agency goals

Question 2

The hospital established the financial responsibilities of the personnel who are part of the budgetary process. The function of the nurse managers and department heads during the budgetary process is to:

a. Provide general planning expertise
b. Formulate and execute the budget by using guidelines
c. Establish a completion timetable
d. Prepare and review goals and objectives, and compile the budgets for their departments

Dnite · **Reply #1 on:** Jul 8, 2018

Answer to Question 1

ANS: B
One advantage of budgeting is that the weakness in the organization can be revealed and corrective measures can be taken.

Answer to Question 2

ANS: D
Department heads formulate and review goals and objectives and prepare the budgets for their departments.