Finance departments in large health care organizations __________
a. provide guidance, timelines, and templates to nursing units
b. complete the budget for all nursing units
c. collate information from various templates provided by nursing units
d. manage payroll and organizational expenses only
a
a. Correct: In large organizations, a finance department prepares guidelines, a timeline, and financial expertise to managers of nursing units as they prepare and develop their budgets.
b. Incorrect: The finance department provides guidelines, timelines, and financial expertise, but does not actually prepare the budgets for nursing units.
c. Incorrect: The finance department may provide templates to nursing units, but does not collate information provided by nursing units. It collates budgets provided by various units into a total budget for the organization.
d. Incorrect: The finance department collects budgets related to all expenses in a health care organization. These may include, but are not limited to, payroll and organizational expenses.
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