In a nurse managers' meeting, the chief nursing officer encourages the managers to brainstorm ways to reduce costs. Nurse managers have the greatest impact on reducing costs by managing:
Medication costs.
Supplies.
Staffing.
Fixed costs.
The Correct Answer is C
A. While managing medication costs is important, it is typically not as significant in terms of overall budget impact compared to staffing.
B. Managing supplies can contribute to cost reductions, but staffing is usually a more substantial portion of a nursing budget.
C. Staffing costs represent the largest expense in most nursing budgets, and nurse managers can have a significant influence on these costs through effective scheduling, staffing ratios, and retention strategies.
D. Fixed costs, such as rent or utilities, do not fluctuate based on operational decisions made by nurse managers and thus offer less opportunity for cost reduction at the managerial level.
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View Related questions
Correct Answer is A
Explanation
A. Waiting until the end of the week to document incidents can lead to inaccuracies and missed details, making it ineffective for timely documentation.
B. Keeping a log or summary sheet of errors and incidents is an effective way to track personnel problems and provide accurate records.
C. Advising the recipient to keep personal notes can support documentation but should not replace the manager's responsibility to document the incident.
D. Including a date, time, and brief description in documentation is crucial for maintaining clarity and accuracy in records.
Correct Answer is A
Explanation
A. A decrease in actual nursing staffing hours compared to planned hours indicates a negative variance, as it suggests that staffing was not at the desired levels, potentially impacting patient care.
B. A surplus of available nurses could suggest efficient staffing; thus, it does not represent a negative variance.
C. A decrease in the cost of medical supplies would typically indicate a positive variance, reflecting better financial management.
D. An increase in patient satisfaction scores is a positive outcome and does not relate to negative variances in budgetary terms.