
In a large health care facility, the executive administrative leaders set the budget goals to decrease full-time equivalents by 3%, eliminate the cost of agency nurses, reduce lost revenue from lost supplies by 1%, and provide a 0.5% hourly salary incentive for working on a float unit when the assigned unit has a low census. Nurse managers meet with nursing administrators to design their unit budgets to meet these established goals. The budget approach that is being used is the _____ approach.
A) top-down
B) participatory
C) iterative
D) incremental
Correct Answer:
Verified
Q1: A nursing unit's census consists primarily of
Q4: Which component of budgeting might normally be
Q5: A nurse has recently been appointed to
Q7: The financial plan required for the distribution
Q7: A primary function of the budgeting process
Q9: When the nurse manager conducts a qualitative
Q10: The nurse manager meets with upper administration
Q11: Organizations measure the effectiveness of their budgets
Q16: A nurse manager is working with the
Q17: Nurses on a unit met with the
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