Practice Quiz

Nurse Executive Certification Exam Prep - Question List

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16. What are steps in the budgeting process?
  1. Assessment, planning, implementation and evaluation
  2. Problem definition, identifying and implementing the most viable option and evaluation
  3. Data gathering, planning, developing the budget, negotiation/revision and evaluation
  4. Variance analysis, identifying and implementing the most viable option and evaluation
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17. Successful orientations are:
  1. Timely, appropriate, complete, and effective.
  2. Brief, costly, complete and timely.
  3. Favorably rated by learners and complete.
  4. Conducted on the nursing unit while providing patient care.
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18. The major difference between a capital budget and an operating budget is that an operating budget addresses:
  1. Patient care equipment less than $1000.
  2. Only staff salaries, benefits and other compensation.
  3. Variable and fixed costs only.
  4. The cost of unit renovation to meet JCAHO standards.
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19. Diagnosis-Related Groups (DRGs) determine what kind of reimbursement?
  1. Medicare prospective reimbursement
  2. Medicare retrospective reimbursement
  3. Medicaid prospective reimbursement
  4. Medicaid retrospective reimbursement
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20. Which is a potential source of organizational conflict?
  1. A member’s inability to establish priorities
  2. A staff member’s inability to resolve a personal ethical dilemma
  3. Blurring of roles within an empowered organization
  4. A failure of staff members to resolve staffing and scheduling conflicts
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