Compare  and contrast the fixed operating budget approach to the flexible operating budget approach as outlined in your text book and readings.

Presentation Format
Budget Types/Methodologies

Compare  and contrast the fixed operating budget approach to the flexible operating budget approach as outlined in your text book and readings.

Describe these two budget methodologies. Include enough detail for the reader to follow and understand the methodology.
Comparison

Construct a table and compare the 2 types of budget methodologies in the following categories:

Advantages and disadvantages to the nurse leader in monitoring compliance

Operations best suited to each type of budget

Impact on the correlation to patient care

Ability to take variances into account