CNML -KR AONE Exam Questions and
Answers 100% Solved | Already Passed
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zero based budget - ✔✔budget with every line item approved, not
comparing last year
zero based budget - ✔✔budget linked to strategic objectives and planning
zero based budget - ✔✔A cash flow plan that assigns an expense to every
dollar of your income, wherein the total income minus the total expenses
equals zero
benefits of zero-based budgeting - ✔✔resources allocated based on
needs/benefits, avoid scope creep, minimize waste, ensure alignment with
goals
Disadvantage of zero based budgeting - ✔✔requires lots of staff time,
planning, and paperwork, subjectivity in ranking decision packages, require
financial expertise, require a lot of data
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salary dollar budget calculation - ✔✔Salary dollars per patient day ($___) x
# of patient days per unit per day (___) x 365 days
ie-$1000 x 10 x 365=3,650,000
ADC calculation - ✔✔budgeted patient days for year / # of days in year
(365) =
ie- 15000/365=41
recruitment budget calculation - ✔✔average salary of job being replaced x
# of hours in orientation & for preceptor x anticipated # of new hires in 12
month period + incremental increase in replacement costs + Recruiting cost
*Average national cost / RN=$65k
Marketing - ✔✔the activity, set of institutions, and processes for creating,
communicating, delivering, and exchanging offerings that have value for
customers, clients, partners, and society at large
image building / public relations
4 P's of Marketing - ✔✔Product, Price, Place, Promotion
Civil Rights Act of 1964 - ✔✔This act made racial, religious, and sex
discrimination by employers illegal and gave the government the power to