Decision from the Nursing Statistics memo
Nursing Statistics memo Create a 15- to 20-slide
Create a new 2010 Operating Budget Projection based on your labor
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decision from the Nursing Statistics memo.
Create a 15- to 20-slide Microsoft® PowerPoint® presentation with detailed speaker notes in which you do the following:
• Present your 2010 Operating Budget Projection. Include an introduction in which you do the following:
• Differentiate between managerial accounting and financial management.
• Explain generally accepted accounting principles applied to the health care industry and how they are applied to your Operating Budget Projection.
• Justify your decision. Include numbers from the organization to support your analysis, such as numbers related to accounting principals, fiscal management, the balance sheet, and so on.
• Analyze the effect of your decision on the operating budget.
• What is the opportunity cost of your decision?
• How does budget performance affect patient care and employee satisfaction?
Decision from the Nursing Statistics memo Create a 15- to 20-slide
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• How are finance and accounting related to an operating budget?
• Explain the role of cost measurement in maintaining the operating and capital budgets via variance analysis.
