Why the nurse leader needs to be concerned with variances to the budget

Discuss why the nurse leader needs to be concerned with variances to the budget?
What types of variance might occur and how should they be addressed?
The budget for the department projected 500 cases to be performed for the month. The actual performance is a positive variance with 750 cases performed. How should this variance be analyzed, what other elements of the budget should be reviewed.
How does a flexible budget assist the nurse leader to evaluate performance?

Sample Solution

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