During the budgeting process, nurse managers are typically responsible

QUESTION

During the budgeting process, nurse managers are typically responsible for which of the following? (Select all that apply.)

a. Determining inflationary rates for the upcoming year
b. Developing unit operation objectives
c. Justifying capital equipment requests
d. Predicting cash flow
e. Negotiating budget with other managers and administration

ANSWER:

ANS: B, C, E
Although involvement in budget processes will vary from institution to institution, these are typical responsibilities for nurse managers during the budget process.