HEALTHCARE FINANCE IN ADVANCED NURSING (NURS-8143)
Question 1: Choose and discuss a budgeting concept/component from the following:
You should define the concept/term and explain it’s relevance to the DNP and financial management. Be sure to include supporting literature as well as your text.
Budgeting Concept:
- Direct Cost
- Indirect Cost
- Schedule Accountability & Principles
- Centralized scheduling and staffing
- Decentralized scheduling and staffing
- Modified decentralized scheduling and staffing
- Position Control
- Contingent Staff
TEXTBOOK: FINANCE
Waxman, K. T. & Knighten, M. L. (2023). Financial and business management for the doctor of nursing practice (3rd ed.). Springer Publishing Company.
RUBRIC
1. References – Uses three or more references from current peer-reviewed nursing journals (within the last 5 yrs) with one reference required for initial posting and one reference for each peer posting. One reference may come from required course textbook. Must be legitimate peer-reviewed references or textbooks, and not AI-generated. No websites.
2. Reference must be written in APA 7th Ed /Italics as needed.
3. Mechanics – Free of errors in grammar, punctuation, spelling, and/or APA format. AI-generated responses are not accepted. A zero will be administered if not in the student’s own words.
4. Type reference in accordance to APA 7th Edition. Apply Italics