When evaluating the performance of a budget,the nurse manager can use a variance analysis to explain:

Question

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Variance analysis compares the budgeted costs to actual costs to identify differences, which can be either positive or negative. These differences can then be explained and addressed through further analysis and corrective action. Options A, B, and D may provide explanations for specific variances, but they do not reflect the overarching purpose of variance analysis.

When Evaluating the Performance of a Budget,the Nurse Manager Can