Operational Budget Preparation

Description

Utilizing your textbook readings create a presentation that provides:

• An overview of the components of an operating budget including revenue and expense sections.
• Definitions and one example of the following components; direct costs, indirect costs, overhead, fixed cost and variable cost, service revenue, non-service revenue, total revenue, gross revenue, and net revenue.
• An example of how the realities of a budget might direct or influence the strategic planning in a healthcare organization.

Note: Make sure to save a copy of your completed work.

Directions

The finished Assignment should be a 6–12 slide explanatory PowerPoint® presentation of an operating budget.

Before finalizing your work, you should:

• be sure to read the Assignment description carefully (as displayed above)
• consult the Grading Rubric (under the Course Home) to make sure you have included everything necessary;
• utilize spelling and grammar check to minimize errors; and
• review APA formatting and citation information found in the Writing Center, online, or elsewhere in the course.

Your writing assignment should:

• follow the conventions of Standard American English (correct grammar, punctuation, etc.);
• be well ordered, logical, and unified, as well as original and insightful;
• display superior content, organization, style, and mechanics; and
• use APA 6th edition format for organization, style, and crediting sources including:
  • properly formatted header
  • 12-point, double-spaced, Times New Roman font
  • use of in-text citations
  • title page and reference page
  • use of headings (if applicable)

  BOOK

• Financial Management for Nurse Managers and Executives Edition: 4th (2013) Author: Finkler Publisher: Elsevier Science Book
• ISBN: 978-1-4557-0088-2