What is the intended action when the nurse manager conducts a qualitative analysis of budget variances?
A) Determining the percentage increase of supply usage from the last quarter to the current quarter
B) Identifying the overall increase in the dollar amount of salaries paid for overtime
C) Comparing productivity metrics across all nursing units in the facility
D) Reconciling with current conditions the underlying assumptions on which the budget was based

Question

Quizplus · Accepted Answer

The intended action of conducting a qualitative analysis of budget variances is to understand the reasons behind the variances by examining the assumptions made during the budgeting process and how those assumptions have held up against actual conditions. This involves looking beyond the numbers to the qualitative factors that influenced those numbers, such as changes in patient acuity, staffing challenges, or unexpected expenses, rather than merely quantifying changes in financial terms or metrics.

What Is the Intended Action When the Nurse Manager Conducts