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 relevanc

                                     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