When evaluating the performance of a budget, the nurse manager can use a variance analysis to explain:
a. An increased cost due to market changes.
b. A change in availability of materials.
c. Differences between budget and cost.
d. One-time event.
C
Feedback
A This does not address variance analysis
B This does not address variance analysis.
C A variance analysis can explain the reason for a difference between what is budgeted and what was spent.
D This does not address variance analysis.
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