The nurse manager identified that the census was higher than anticipated and the client acuity level was also high; however, fewer nursing hours are paid. This variance is an example of which budgetary variance?

Question

Quizplus · Accepted Answer

1. Efficiency variance is a reflection of the difference between budgeted and actual nursing care hours provided.
2. Nonsalary expenditure variance is a deviation from the budget as a result of changes in client volume, supply quantities, or prices paid.
3. Rate variance is the difference between budgeted and actual hourly rates paid.
4. Volume variances are the differences in the budget as a result of increases or decreases in patient volume.

The Nurse Manager Identified That the Census Was Higher Than