Practice Quiz

Nurse Manager Exam #1: Financial Management

Category - Financial Management

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In recent years, healthcare professionals have become visibly more accountable. Nurse managers are in the front line of dealing with a wide range of fiscal interests, and the repercussions if things go wrong. Challenges in financial management can include health care economics and health care policy. Generally, financial management challenges are presented in the areas of:
  1. Hospital policy
  2. Staffing vs. patient care load
  3. Lack of formal education in the financial field
  4. All of the above
Explanation
Answer: D - All of the above. Generally, financial management challenges are presented in the areas of hospital policy, staffing vs. patient care load and lack of formal education in the financial field. This rarely addressed by formal education which concentrates on nursing practicum and theory.
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