A nurse manager is planning to request three new infusion pumps at a cost of approximately $1500 each. This item would typically be included in which budget?
Strategic
Capital
Unit of service
Operating
The Correct Answer is B
A. A strategic budget is typically focused on long-term goals and initiatives, rather than specific equipment purchases.
B. A capital budget is specifically designated for significant investments in long-term assets such as equipment, buildings, or technology, making it the appropriate choice for purchasing new infusion pumps.
C. A unit of service budget relates to the costs associated with providing a specific service but does not directly encompass capital expenditures for equipment.
D. An operating budget pertains to the day-to-day expenses of running a unit, such as salaries and supplies, rather than major purchases like infusion pumps.
Nursing Test Bank
Naxlex Comprehensive Predictor Exams
Related Questions
Correct Answer is D
Explanation
A. While student biases may exist, they do not directly address Alysha's responsibility or performance in mentoring.
B. The ability to observe and measure mentoring can be relevant, but it does not clarify Alysha's responsibilities.
C. Alysha's level of confidence may affect her performance, but it is not the primary concern in this context.
D. Understanding whether mentoring is part of Alysha's job description is critical, as it defines her responsibilities and clarifies expectations for her role.
Correct Answer is A
Explanation
A. Charges refer to the fees billed for services rendered, which in this case is the administration of each vaccination according to the insurance company's guidelines.
B. Contractual allowance refers to the difference between the billed amount and the amount agreed upon in the contract with the insurance company, which is not the primary focus here.
C. Prospective reimbursement is based on predetermined rates rather than charges billed after services are provided.
D. Cost-based reimbursement is determined by the actual costs incurred in providing services, which does not apply in this context as the billing is based on set charges for vaccinations.
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