A nurse manager approves two staff nurses to attend a national ...

[jparksx]

A nurse manager approves two staff nurses to attend a national conference. When reviewing the budget, the nurse manager looks at which line item?
 
  a. Cash budget
  b. Capital budget
  c. Operating budget
  d. Supply and expense budget

Question 2

After reviewing her monthly budget report, the nurse manager sees that she has a negative variance, which prompts her to change the staffing schedule. A negative or unfavorable variance in a monthly expense report may result from:
 
  a. Overestimation of inflation.
  b. Higher than expected client acuity.
  c. Net revenue exceeding net expenses.
  d. Not replacing staff who called in sick.

[shaquita]

Answer to Question 1

ANS: C
The operating budget includes a personnel budget, which takes into account productive and nonproductive paid work hours. Education hours are covered under nonproductive paid work hours in the operating budget.

Answer to Question 2

ANS: B
Variance reflects the difference between what was projected and the actual performance in a budget. When the variance is negative or unfavorable, the amount spent is more than what was budgeted (expenses exceed revenue); this may be a result of higher acuity. To help managers interpret and use variance information better, some institutions use flexible budgets that automatically account for census variances.

[jparksx]

Excellent

[Animal_Goddess]

Great answer, keep it coming