Contemporary Ethical Issues in Nursing Related

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Which component of budgeting might normally be addressed in the annual performance evaluation for a nurse manager?

  • A. Including in the labor budget costs for overtime and benefits
  • B. Managing variances in nursing overtime costs and supply usage
  • C. Accurately predicting revenues on the basis of unit-of-service
  • D. Providing qualitative analysis for variances in the capital budget
Correct Answer: B

Rationale: Step 1: Managing variances in nursing overtime costs and supply usage is crucial for a nurse manager's performance evaluation as it demonstrates their ability to control expenses effectively.
Step 2: This component directly relates to the nurse manager's responsibility in budgeting and financial management.
Step 3: Analyzing and managing variances show the nurse manager's skill in monitoring and adjusting budgetary allocations to meet targets.
Step 4: Other choices are not directly related to the nurse manager's core responsibilities in budgeting or evaluating performance.
Step 5: Labor budget costs for overtime and benefits (Choice A) and predicting revenues (Choice C) are important but not as directly tied to performance evaluation as managing variances in costs.
Step 6: Providing qualitative analysis for variances in the capital budget (Choice D) is not typically a key aspect of a nurse manager's evaluation, as it focuses more on long-term investments rather than day-to-day operational budgeting.