Answered You can hire a professional tutor to get the answer.
One of the decisions that a healthcare finance manager has to make is whether to allow budgets to change over the course of a reporting period.
One of the decisions that a healthcare finance manager has to make is whether to allow budgets to change over the course of a reporting period. A budget that never changes is called static, while a budget that changes based on actual activity is called flexible. Both approaches offer advantages and disadvantages for the healthcare organization.
Refer to the lecture, Static and Flexible Budgets, An Example. In the example of the walk-in clinic, if you had the option of retaining the nurse practitioner on a salary, what salary would you offer? Why?
