The radiology department has requested that the hospital purchase a new mammogram machine. This equipment would be included in which of the following budgets?
a. Operational budget c. Construction budget
b. Capital budget d. Balanced budget
B
A capital budget accounts for the purchase of major new or replacement equipment. An operational
budget accounts for the income and expenses associated with day-to-day activity within a department
or organization. A construction budget is developed when renovations or new structures are planned.
A balanced budget is one where the expenses are equal to or less than the revenues.
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When you give J.M. his medications, he looks at the potassium tablet, wrinkles his nose, and tells you he "hates those horse pills." He tells you a friend of his said he could eat bananas instead
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