Nurse Manager Exam #1: Financial Management

Category - Financial Management

Nurse managers use a budget variance report to gauge department performance by comparing one set of figures to another. A well-rounded budget variance report will address:
  1. Trends
  2. Overspending
  3. Under spending
  4. All of the above
Explanation
Answer: D - All of the above. A well-rounded budget variance report will address trends, overspending and under spending.
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