SUNYESC Evaluating Budget Variance Paper
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The ability to interpret and explain budget variances is an important skill for a manager. In this short paper please respond to Exercise 20-15 on page 373 of Yoder-Wise (2019) text. Be sure to address each of the questions posed in this exercise.
Questions to be answered: Identify major budget variances for the current month. Are they fqvorable or unfavorable? What additional information would help you explain the variances? what are some possible causes for each variance? Are they causes you identified controllable by the nurse manager? Why or why not? Is a favorable variance on espensies always desirtable? Why or why not?
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