NUR168 EXAM 2 QUESTIONS AND
CORRECT ANSWERS (ALREADY
GRADED A+); VERIFIED ANSWERS;
LATEST VERSION
- baseline for budgeting is the previous year's
expenditures and add to it
‣ Though much easier to do, it is not cost effective as
there is no motivation to spare expense or to prioritize
programs and services - correct answer-
Incremental budgeting
- equipment that has long life usually 5 yrs; renovation,
new construction
‣ Typical cost is $500 or more - correct answer-
Capital expenditure budget
- If someone gets within 20 feet of you, they get a smile
and a wave. If a person gets within 10 feet of you, they
get a smile, a wave, and a friendly hello from you.
- Customer service --> 10/5 rule switched to this
, - Marriott rule: 15/5 - correct answer- 20/10
Rule
- People share what went well from event and should be
continued or taken further going forward, and what they
would recommend changing for future meetings.
- Provides a quick way to gather feedback at the end of an
exercise or meeting - correct answer-
Plus/delta in group meetings - its importance
- second largest expenditure
‣ Utilities, repairs, maintenance, supplies, rental fees -
correct answer- Operating budget
- the largest expense
‣ Cost of benefits, employee orientation, promotions,
employee turnover, shift differentials, on call hrs, seasonal
variances - correct answer- Personnel or
manpower budget
• *A need for change is identified*
CORRECT ANSWERS (ALREADY
GRADED A+); VERIFIED ANSWERS;
LATEST VERSION
- baseline for budgeting is the previous year's
expenditures and add to it
‣ Though much easier to do, it is not cost effective as
there is no motivation to spare expense or to prioritize
programs and services - correct answer-
Incremental budgeting
- equipment that has long life usually 5 yrs; renovation,
new construction
‣ Typical cost is $500 or more - correct answer-
Capital expenditure budget
- If someone gets within 20 feet of you, they get a smile
and a wave. If a person gets within 10 feet of you, they
get a smile, a wave, and a friendly hello from you.
- Customer service --> 10/5 rule switched to this
, - Marriott rule: 15/5 - correct answer- 20/10
Rule
- People share what went well from event and should be
continued or taken further going forward, and what they
would recommend changing for future meetings.
- Provides a quick way to gather feedback at the end of an
exercise or meeting - correct answer-
Plus/delta in group meetings - its importance
- second largest expenditure
‣ Utilities, repairs, maintenance, supplies, rental fees -
correct answer- Operating budget
- the largest expense
‣ Cost of benefits, employee orientation, promotions,
employee turnover, shift differentials, on call hrs, seasonal
variances - correct answer- Personnel or
manpower budget
• *A need for change is identified*
