« previous next »

Author Question: In preparing a budget, the nurse manager needs to anticipate the cost of benefits (e.g., health, ... (Read 103 times)

jjjetplane

  • Hero Member
  • *****
  • Posts: 556
on: Jul 8, 2018
In preparing a budget, the nurse manager needs to anticipate the cost of benefits (e.g., health, life insurance, pension and retirement plans).
 
  Based on the usual cost of benefits, how much should a nurse manager include for a total full-time salary cost of 312,000?
 
  a. 78,000-93,600
  b. 62,400-78,000
  c. 46,800-93,600
  d. 31,200-46,800

Question 2

A nurse manager is planning to request three new infusion pumps at a cost of approximately 1500 each. What would BEST support the capital request?
 
  a. Number of patient care hours anticipated for the year
  b. Cost comparisons; how much and how often infusion pumps are used; condition of existing pumps
  c. Outline of cost for each pump
  d. Estimation of total cost; no further details


tuate

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 8, 2018
Answer to Question 1

ANS: C
The average cost of benefits is approximately 25 to 30 of a full-time employee's salary. In this example, the correct response is obtained by multiplying the total full-time salary cost by .25 and .30.

Answer to Question 2

ANS: B
Complete well-documented justifications are needed because the competition for limited resources is stiff. Justifications should be developed using the principle of any business case and should include, at minimum, projected amount of use; services duplicated or replaced; safety considerations; need for space, personnel, or building renovation; effect on operational revenues and expenses; and contribution to the strategic plan.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

A parish nurse checks the blood pressure of a church member A parish nurse checks the blood pressure of a church member
B, The nurse teaches the postoperative client to use an incentive spirometer to expand the lungs. B, The nurse teaches the postoperative client to use an incentive spirometer to expand the lungs.
Websites that Provide Reliable Health Information Websites that Provide Reliable Health Information
Preparing the Patient’s Skin for Surgical Procedures Preparing the Patient’s Skin for Surgical Procedures
Preparing Slides Preparing Slides
Vitamin D plays a major role in bone health Vitamin D plays a major role in bone health
Video: Vasectomy

For a complete list of videos, visit our video library