RT Book, Section
A1 Rundio, Al
SR Print(0)
ID 1189283448
T1 Budget Variances
T2 The Nurse Manager's Guide to Budgeting & Finance, 3e
YR 2022
FD 2022
PB Sigma Theta Tau International Honor Society of Nursing
PP New York, NY
SN 9781646480159
LK apn.mhmedical.com/content.aspx?aid=1189283448
RD 2024/12/05
AB In  general  terms,  variance  analysis  involves  comparing  the  budgeted  amount  for  an  item  with  the  actual  amount  spent  to  identify  fiscal  variances.  The  purpose  of  variance  analysis  is  to  pinpoint  the  cause  of  such  fiscal  variances.  Armed  with  this  knowledge,  the  nurse  manager  can  take  corrective  action  to  prevent  such  occurrences  in  the  future.