Practice Quiz

Nurse Manager Exam #1: Financial Management

Category - Financial Management

Start a Study Session Sign up for Question of the Day
Controlling is the process of comparing actual results projected in the budget. Two techniques for controlling budgetary performance are:
  1. Variance analysis and position control
  2. Profit and loss analysis
  3. Real expenditures and forecasted expenditures
  4. Cost ratio and overrun expenditures
Explanation
Answer: A - Variance analysis and position control. Variance analysis and position control are two techniques for controlling budgetary performance.
Previous Next
Was this helpful? Upvote!
Login to contribute your own answer or details
Start a Study Session Sign up for Question of the Day

Top questions

Related questions

Most popular on PracticeQuiz