The nurse manager is preparing to perform budgeting activities. According to the budgeting process, rank the following in order:
_____ Review organizational goals and future projections.
_____ Prepare the new budget using a budget worksheet.
_____ Review the unit's financial performance.
_____ Review each variance with nurse supervisor.
_____ Identify all significant variances, and determine the amount of control that can be exerted over the variance by the nurse manager.
Answer:
1. Review the unit's financial performance.
2. Identify all significant variances, and determine the amount of control that can be exerted over the variance by the nurse manager.
3. Review organizational goals and future projections.
4. Review each variance with nurse supervisor.
5. Prepare the new budget using a budget worksheet.
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