The type of budget in which budgeted amounts are set regardless ...

[dakota nelson]

The type of budget in which budgeted amounts are set regardless of changes that occur during the year is known as:
 
  1. Fixed.
  2. Incremental.
  3. Variable.
  4. Zero-based.

Question 2

A hospital successfully implemented its disaster plan to manage providing care during a massive 3-day snow storm. What is the most likely way additional costs for this service will be paid?
 
  1. Medicare will increase reimbursement for any client age 65 or over who was hospitalized during the disaster.
  2. The federal government will pay any costs over and above the normal operating expenses for the time period.
  3. The hospital will absorb the additional costs.
  4. State and county governments have reserve funds to reimburse for such expenses.

[manuelcastillo]

Answer to Question 1

1
Explanation: 1. A fixed budget is one in which budgeted amounts are set regardless of changes that occur
during the year, such as patient volume or program activities. An incremental, or line-by-line,
budget lists each expense item or category on a separate expense line. A variable budget is
developed with the understanding that adjustments to the budget may be made during the
year based on changes in revenue, patient census, utilization of supplies, and other expenses. A
zero-based budget assumes the base for projecting next years budget is zero.

Answer to Question 2

3
Rationale 1: Medicare will not increase reimbursement.
Rationale 2: There may or may not be federal reimbursement. If reimbursement is made it will likely not be at the full cost to the hospital.
Rationale 3: It is likely that the hospital will absorb the additional costs.
Rationale 4: There are likely no additional funds earmarked to reimburse the hospital for these expenses.
Global Rationale: