The vice president of nursing services is completing a budgetary report for the governing board meeting this week. In which category should this nurse place the total expenditure for health benefits for nursing employees?

Question

Quizplus · Accepted Answer

1. Salary and wages include all salary and benefits to the employee. This includes sick time, vacation time, health benefits, premium time, merit raises, etc.
2. The operational budget includes the estimate of the volume, and the mix of activities and series and resources required to provide them.
3. The capital budget is the estimate of purchases of major capital items, such as equipment, building, and furniture.
4. Accounts receivable is the part of the budget report that indicates the amount due to the hospital for services rendered.

The Vice President of Nursing Services Is Completing a Budgetary