NLM Exam 4 UPDATED QUESTIONS
AND CORRECT ANSWERS
The chief nursing office of a Magnet™ hospital has conducted a study of ways to improve
healthcare services. Healthcare services that add value for clients: - CORRECT
ANSWER Minimize costs.
The difference between a nurse practitioner's charge of $45 for an office visit and the
insurance company's payment of $34 is: - CORRECT ANSWER A contractual
allowance.
The chief nursing office continues to seek ways to improve healthcare services to clients and
to save the hospital money. However, with the federal guidelines of paying agencies based on
capitation, the chief nursing office faces a challenge. Capitation provides incentives for
healthcare providers to control costs by: - CORRECT ANSWER Using fewer services
per client.
In a nurse managers' meeting, the chief nursing officer encourages the managers to
brainstorm ways to reduce costs. Nurse managers have the greatest impact on reducing costs
by managing: - CORRECT ANSWER Staffing.
The chief nursing officer works with her nurse managers by helping them understand how to
develop and implement a budget. A nurse manager can best describe a budget as a: -
CORRECT ANSWER Financial plan.
A nurse manager approves two staff nurses to attend a national conference. When reviewing
the budget, the nurse manager looks at which line item? - CORRECT
ANSWER Operating budget
A staff nurse regularly works two 12-hour shifts each week and one 8-hour shift every other
week. How many FTEs is this position? - CORRECT ANSWER 0.7
After reviewing her monthly budget report, the nurse manager sees that she has a negative
variance, which prompts her to change the staffing schedule. A negative or unfavorable
AND CORRECT ANSWERS
The chief nursing office of a Magnet™ hospital has conducted a study of ways to improve
healthcare services. Healthcare services that add value for clients: - CORRECT
ANSWER Minimize costs.
The difference between a nurse practitioner's charge of $45 for an office visit and the
insurance company's payment of $34 is: - CORRECT ANSWER A contractual
allowance.
The chief nursing office continues to seek ways to improve healthcare services to clients and
to save the hospital money. However, with the federal guidelines of paying agencies based on
capitation, the chief nursing office faces a challenge. Capitation provides incentives for
healthcare providers to control costs by: - CORRECT ANSWER Using fewer services
per client.
In a nurse managers' meeting, the chief nursing officer encourages the managers to
brainstorm ways to reduce costs. Nurse managers have the greatest impact on reducing costs
by managing: - CORRECT ANSWER Staffing.
The chief nursing officer works with her nurse managers by helping them understand how to
develop and implement a budget. A nurse manager can best describe a budget as a: -
CORRECT ANSWER Financial plan.
A nurse manager approves two staff nurses to attend a national conference. When reviewing
the budget, the nurse manager looks at which line item? - CORRECT
ANSWER Operating budget
A staff nurse regularly works two 12-hour shifts each week and one 8-hour shift every other
week. How many FTEs is this position? - CORRECT ANSWER 0.7
After reviewing her monthly budget report, the nurse manager sees that she has a negative
variance, which prompts her to change the staffing schedule. A negative or unfavorable
