Explain why budgets are an important part of the planning process. Explain the difference between operating, project, and capital budgets.
Part 1: Medical-Surgical Department Operating Budget Relevant scoring guide criteria: Provide this year’s correct revenue, expenses, and net revenue/expense. Estimate the correct revenue, expenses, and net revenue/expenses for the next fiscal year. Using the data provided in the first three (3) columns, you will be developing an operating budget for the medical-surgical department at the […]