Nurse Manager Exam #1: Financial Management

Category - Financial Management

Continued variances to budgets that are not supported by increased revenues will:
  1. Result in a poor annual budget performance
  2. Result in loss of department funding
  3. Result in a poor department evaluation
  4. Result in a departmental audit
Explanation
Answer: A - Result in a poor annual budget performance. Continued variances to budgets that are not supported by increased revenues will result in a poor annual budget performance.
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