The Nurse Manager Financial Management exam is part of the four-part exam series for the Certified Nurse Manager and Leader examination which also consist of Human Resource Management exam; Performance Improvement exam; and Strategic Management and Technology exam.
Do you want to improve your knowledge of financial management as a Nurse Manager?
Take this prep quiz to boost your chances of getting a CNML certification.
Questions and Answers
The financial statement that shows the balance of assets to liabilities is known as
Profit and loss account
Who has the following responsibility, Planning, Control and Decision-Making
Chief- financial officer
One of these is the formula for calculating average acuity
Old average all over new average
Percentage increase minus percentage decrease
Total work divided by total average daily census.
Total work done by percent
Which of the following does budgeting provide a foundation for?
Cost overrun accountability
Staffing expenditure control
Managing and evaluating financial performance
On of the financial responsibility of a cost center is to
Buying of material
Preparation of budget
Auditing of acount
Those who help to manufacture, distribution of all supplies and equipment use in healthcare organizations are called
One of these is not a bases on which each organization conduct its business
The statement that reveals the mission of which an organization exists is
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