Multiple Choice
Successful nurse managers provide ever-increasing justifications of budget variances, labor costs, staffing effectiveness, return-on-investment, and a host of other financial indicators that drive the "bottom line." An essential component of your budgeting process is identifying the goals or drivers used to measure your financial performance. Successful financial management is measured on the basis of three goals:
A) Performance, return-on-investment, variances
B) Staffing, patient care load, supply and demand
C) Cost control, optimization of available resources, maximized outcomes
D) Cost control, variances, performance
Correct Answer:
Verified
Correct Answer:
Verified
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