Question 1

What is the usual period for which an operating budget is developed?

Accepted Answer

A)  1 year 
B)  3 years 
C)  5 years 
D)  10 years 
A)  1 year 
B)  3 years 
C)  5 years 
D)  10 years

Question 2

The yearly cycle of a twelve- (12-) month budget is based on a fiscal year as determined by the province or territorial government.

Accepted Answer

A) True 
 B)False

Question 3

Which one of the following pairs of terms lists considerations in determining a capital expense?

Accepted Answer

A)  effectiveness and equipment life expectancy 
B)  cost and clinical application 
C)  cost and equipment life expectancy 
D)  number of clients to be served and cost 
A)  effectiveness and equipment life expectancy 
B)  cost and clinical application 
C)  cost and equipment life expectancy 
D)  number of clients to be served and cost

Question 4

Which kind of budget takes into account demographics, regulations, and strategic plans?

Accepted Answer

A)  a capital budget 
B)  an annual budget 
C)  a balanced budget 
D)  a project budget 
A)  a capital budget 
B)  an annual budget 
C)  a balanced budget 
D)  a project budget

Question 5

Identify budget expenses that would be related to the operating budget.

Accepted Answer

Operating budgets account for the income

Question 6

Which of these categories includes investments and billable client services?

Accepted Answer

A)  reimbursement 
B)  expenditures 
C)  revenue 
D)  line item 
A)  reimbursement 
B)  expenditures 
C)  revenue 
D)  line item

Question 7

What is the term for the number and type of personnel needed for a procedure or to care for a fixed number of clients?

Accepted Answer

A)  staffing model 
B)  direct patient preparation 
C)  pre-procedure care 
D)  post-procedure care 
A)  staffing model 
B)  direct patient preparation 
C)  pre-procedure care 
D)  post-procedure care

Question 8

Who is responsible for controlling a budget?

Accepted Answer

A)  Chief Nursing Officer 
B)  Finance Officer 
C)  accountants 
D)  unit or department manager 
A)  Chief Nursing Officer 
B)  Finance Officer 
C)  accountants 
D)  unit or department manager

What is the usual period for which an operating budget is developed?

The yearly cycle of a twelve- (12-) month budget is based on a fiscal year as determined by the province or territorial government.

Which one of the following pairs of terms lists considerations in determining a capital expense?

Which kind of budget takes into account demographics, regulations, and strategic plans?

Identify budget expenses that would be related to the operating budget.

Which of these categories includes investments and billable client services?

What is the term for the number and type of personnel needed for a procedure or to care for a fixed number of clients?

Who is responsible for controlling a budget?

Canadas Health Care Environment

Basic Clinical Health Care Economics

Evidence-Based Practice

Nursing and Health Care Informatics

Population-Based Health Care Practice

Personal and Interprofessional Communication

Politics and Consumer Partnerships

Nursing Leadership and Management

Current Issues and Trends

Effective Team Building

Effective Staffing

Delegation of Nursing Care

Strategic Planning and Organizing Client Care

Change, Innovation, and Conflict Resolution

Power

Managing Performance and Outcomes Using an Organizational Quality Improvement Model

Decision Making

Legal Aspects of Client Care

Spirituality and the Profession of Nursing

Ethics and the Profession of Nursing

Collective Bargaining

Career Planning and Development: Creating Your Path to the Future

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Exam 11: Budget Concepts for Client Care

What is the usual period for which an operating budget is developed?

The yearly cycle of a twelve- (12-) month budget is based on a fiscal year as determined by the province or territorial government.

Which one of the following pairs of terms lists considerations in determining a capital expense?

Which kind of budget takes into account demographics, regulations, and strategic plans?

Identify budget expenses that would be related to the operating budget.

Which of these categories includes investments and billable client services?

What is the term for the number and type of personnel needed for a procedure or to care for a fixed number of clients?

Who is responsible for controlling a budget?

Canadas Health Care Environment

Basic Clinical Health Care Economics

Evidence-Based Practice

Nursing and Health Care Informatics

Population-Based Health Care Practice

Personal and Interprofessional Communication

Politics and Consumer Partnerships

Nursing Leadership and Management

Current Issues and Trends

Effective Team Building

Effective Staffing

Delegation of Nursing Care

Strategic Planning and Organizing Client Care

Change, Innovation, and Conflict Resolution

Power

Managing Performance and Outcomes Using an Organizational Quality Improvement Model

Decision Making

Legal Aspects of Client Care

Spirituality and the Profession of Nursing

Ethics and the Profession of Nursing

Collective Bargaining

Career Planning and Development: Creating Your Path to the Future

Filters