This assignment asks you to look at two budget methodologies, fixed and flexible.
You are asked to focus your discussion on two types of operational budgets and then
compare them to the identified criteria. Lastly, you are asked to present an example
of how one budget type would be used by the masters prepared nurse leader in a
health care setting of your choice.
Keep the APA scholarly paper within a 6 page limit (excluding title page and
reference list). An abstract page is not required for this assignment.
Budget Types/Methodologies (20%)
A. Compare the fixed operating budget approach to the flexible operating budget
approach as outlined in your text book and readings.
B. Describe these two budget methodologies. Include enough detail for the reader to
follow and understand the methodology.
Comparison: (40%)
Construct a table and compare the 2 types of budget methodologies in the following
categories:
A. Advantages and disadvantages to the nurse leader in monitoring compliance
B. Operations best suited to each type of budget
C. Impact on the correlation to patient care
D. Ability to take variances into account
Example of Budget (20%):
A. Choose one of the budget types you have described.
B. Present an example of how this budget type would be used by the masters prepared
nurse leader in a health care setting of your choice.
C. The setting can be a community or inpatient environment where you work, have
worked, or would like to work as a masters prepared nurse leader.
Integration of Evidence and Theory 10%
A. Integrate credible, relevant sources to support ideas appropriate for the
assignment.
B. Consistently use information in ways that are true to original context. Always
distinguish between own ideas or common knowledge and ideas requiring
attribution.
C. Scholarly articles integrated within the paper meet the following standards:
? Provide the required number of references (minimum of 6)
? Most nursing-specific or nursing-related
