The nurse manager meets with upper administration and learns that the strategic plan for nursing is to have 80% BSN staff within the next 3 years.The nurse manager then builds the unit's budget to meet the organization's strategic goal by providing tuition reimbursement and flexible work hours,which required some agency staffing.Which approach to budgeting is used?
A) Iterative
B) Top-down
C) Participatory
D) Zero-based

Question

Quizplus · Accepted Answer

The iterative approach involves collaboration between different levels of management to align the budget with strategic goals, as seen when the nurse manager adjusts the budget to meet the organization's strategic plan.

The Nurse Manager Meets with Upper Administration and Learns That