N471 Final Module Questions with
Correct Answers 100% Pass
What area do consumers value the most when seeking health care? - ✔✔High quality,
low cost, and ability to meet patient outcomes
Health care is not only financed by private insurance, government funding, and private
donations but also by individual out-of-pocket expenses. - ✔✔True
Choose the four major reimbursement methods: - ✔✔Charge, Rate based on services
rendered, Flat-rate, Cost-based
A nurse manager is considering the use of critical pathways for a nursing unit. Which
statement regarding critical pathways is most accurate? - ✔✔They can be used to
monitor quality of care
A nurse manager is preparing a presentation to be delivered to a group of nurses in a
nursing unit about the current U.S. healthcare system. Which statement about resource
utilization is most accurate? - ✔✔The health care resources that are available in the
United States are not used cost-effectively.
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,A nurse manager is considering the reasons for the current problems with the
healthcare system. Which are negative consequences of higher spending in health care?
(Select all that apply.) - ✔✔Higher spending may result in duplication of services.
Higher spending may result in overuse of technology.
Higher spending may result in overutilization of services
A new nurse manager is learning about fiscal planning. Which are barriers for nurse
managers' participation in fiscal planning? (Select all that apply.) - ✔✔Nursing
education lacks preparation in fiscal planning.
Many nurses perceive that fiscal planning is difficult.
A nurse manager is considering how to gain more staff involvement in meeting
budgetary goals. Which activity is most likely to result in staff understanding and
participating in budgetary goals? - ✔✔Communicating budgetary planning goals to
staff
operational budgets are financial plans for the entire organization day-to-day
operations. This type of budget includes which of the following? - ✔✔Payroll, supplies,
and expenses
The nurse leader does not need to be concerned with the budgeting process steps. -
✔✔False
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, Nurse leaders can use the nursing process to develop a budget for their unit or
department. - ✔✔True
What is the term for the notion that a person with the most direct control or influence
on financial elements such as revenues, expenses, assets, and liabilities should be held
accountable for them? - ✔✔Responsibility accounting
A nurse manager is reviewing the budget for the nursing unit. Which budget covers the
expenditures for the unit's workforce? - ✔✔Personnel
A nurse manager is considering revising the budget cycle for the nursing unit. Which
budget cycle has the greatest probability for error? - ✔✔Planning for the distant future
A nursing manager is considering the budget for a nursing unit as compared with the
overall institutional budget. Which is the most negative outcome of multiple nursing
units "padding" or inflating their department budgets to cushion against administrative
cuts? - ✔✔The entire institution's budget may be ineffective.
A nurse manager is preparing the annual budget for the coming fiscal year, and is
considering what the goal is of using the allocated funds. What stage of the budgetary
process is this? - ✔✔Diagnosis
A nurse manager is evaluating the current fiscal year budget. Which statement
regarding the evaluation stage of the budgetary process is most accurate? - ✔✔Large
variations from the projected budget must be examined.
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Correct Answers 100% Pass
What area do consumers value the most when seeking health care? - ✔✔High quality,
low cost, and ability to meet patient outcomes
Health care is not only financed by private insurance, government funding, and private
donations but also by individual out-of-pocket expenses. - ✔✔True
Choose the four major reimbursement methods: - ✔✔Charge, Rate based on services
rendered, Flat-rate, Cost-based
A nurse manager is considering the use of critical pathways for a nursing unit. Which
statement regarding critical pathways is most accurate? - ✔✔They can be used to
monitor quality of care
A nurse manager is preparing a presentation to be delivered to a group of nurses in a
nursing unit about the current U.S. healthcare system. Which statement about resource
utilization is most accurate? - ✔✔The health care resources that are available in the
United States are not used cost-effectively.
100% Pass Guarantee Katelyn Whitman All Rights Reserved © 2025 1
,A nurse manager is considering the reasons for the current problems with the
healthcare system. Which are negative consequences of higher spending in health care?
(Select all that apply.) - ✔✔Higher spending may result in duplication of services.
Higher spending may result in overuse of technology.
Higher spending may result in overutilization of services
A new nurse manager is learning about fiscal planning. Which are barriers for nurse
managers' participation in fiscal planning? (Select all that apply.) - ✔✔Nursing
education lacks preparation in fiscal planning.
Many nurses perceive that fiscal planning is difficult.
A nurse manager is considering how to gain more staff involvement in meeting
budgetary goals. Which activity is most likely to result in staff understanding and
participating in budgetary goals? - ✔✔Communicating budgetary planning goals to
staff
operational budgets are financial plans for the entire organization day-to-day
operations. This type of budget includes which of the following? - ✔✔Payroll, supplies,
and expenses
The nurse leader does not need to be concerned with the budgeting process steps. -
✔✔False
100% Pass Guarantee Katelyn Whitman All Rights Reserved © 2025 2
, Nurse leaders can use the nursing process to develop a budget for their unit or
department. - ✔✔True
What is the term for the notion that a person with the most direct control or influence
on financial elements such as revenues, expenses, assets, and liabilities should be held
accountable for them? - ✔✔Responsibility accounting
A nurse manager is reviewing the budget for the nursing unit. Which budget covers the
expenditures for the unit's workforce? - ✔✔Personnel
A nurse manager is considering revising the budget cycle for the nursing unit. Which
budget cycle has the greatest probability for error? - ✔✔Planning for the distant future
A nursing manager is considering the budget for a nursing unit as compared with the
overall institutional budget. Which is the most negative outcome of multiple nursing
units "padding" or inflating their department budgets to cushion against administrative
cuts? - ✔✔The entire institution's budget may be ineffective.
A nurse manager is preparing the annual budget for the coming fiscal year, and is
considering what the goal is of using the allocated funds. What stage of the budgetary
process is this? - ✔✔Diagnosis
A nurse manager is evaluating the current fiscal year budget. Which statement
regarding the evaluation stage of the budgetary process is most accurate? - ✔✔Large
variations from the projected budget must be examined.
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