FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 23: Budgeting, Productivity, and Costing Out Nursing

Show Answer

Share

---

All types

Filters

Study Flashcards

Question 1

Multiple Choice

Review LaterAdd Note

Review Later

The costs or prices of activities undertaken in the organization's operations are called:

A) budget.
B) income.
C) expenses.
D) revenue.

E) A) and C)
F) All of the above

Correct Answer

verified

Show Answer

Question 2

Multiple Choice

Review LaterAdd Note

Review Later

Staff nurses involvement in budgeting is essential because they:

A) have the final authority on the annual budget.
B) have the ability to contain costs at the unit level.
C) have a unique perspective on the budgetary process.
D) are the largest user of the budgeted funds for the unit.

E) B) and C)
F) None of the above

Correct Answer

verified

Show Answer

Question 3

Multiple Choice

Review LaterAdd Note

A budget functions as a:

Supply budgets are a major component of the operating budget. Items such as office supplies, intravenous solutions, instruments, linen, gloves, and other personal protective equipment are examples of _____ costs.

The operating budget covers a specific period, called a _____ year.

Janice is going to give her patient a bath. She has the option of using prepackaged bathing wipes or a bath basin and washcloths. She chooses the bath basin and washcloths because she knows their performance is the same but they are less expensive. Janice's choice is an example of:

A(n) _____ is the difference between the budgeted and actual amounts.

The incorporation of economic evaluation into clinical practice is important to productivity because:

Revenues minus expenses equals:

The phases of the budget process are: (Select all that apply.)

A(n) _____ is the difference between the budgeted and the actual amounts.

Mary is the manager of the critical care unit. She would like to hire a wound care nurse for the unit. The type of organizational budget Mary would use to ensure she can hire the new nurse is called the _____ budget.

The relationship between output and the goods and services used to produce them is called:

A measure of the severity of illness of an individual patient or the aggregate patient population on a unit is called _____.

Using resources to maximize health benefits while simultaneously using resources to maximize cost-effectiveness is:

The process of identifying the specific costs related to the delivery of nursing care to each client so that nurses have data to identify the actual amount of services received is:

A(n) _____ is a written financial plan aimed at controlling the allocation of resources.

A staff nurse's accurate recording of all services and supplies used to provide care to each client in her assignment is necessary for determining calculations used in which of the following budgets?

The management team of a large hospital is attempting to identify the specific cost of providing nursing services. This process is known as:

The manager of a rural, thriving, nurse-managed clinic is considering purchasing equipment to furnish two additional examination rooms. The resource he must consider is the _____ budget.