1|Page
NURSE EXECUTIVE ADVANCED EXAM LATEST 2026 ACTUAL EXAM
WITH COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS
(100% VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||BRANDNEW!!!||
What is nursing productivity? - ANSWER-the ratio of patient care
hours per patient day to salary and benefit costs paid out to the
staff by the organization
A Strategy for the nurse executive in consideration of costs when
preparing a presentation for a new program is a : - ANSWER-
break-even analysis
What is breakeven analysis? - ANSWER-Volume at which total
revenues equal total costs
At this point, the firm does not make a profit or suffer a loss
Financial formulas - Projected Annual Patient Days - ANSWER-
Average daily census X 365 days per year
Financial formulas - hours of care per year - ANSWER-Average
daily census X nursing hours pt day X 365 day
,2|Page
Financial formulas -Full Time equivalent (FTE) - ANSWER-hours
of care per year divided by 2080 (employee w/o benefit time)
Financial formulas - benefit time - ANSWER-vacation hours +
holiday hours +sick hours + personal hours
Financial formulas - productive time - ANSWER-2080 - benefit
time
Financial formulas - Adjusted FTE - ANSWER-hours of care per
year divided by productive time
How many FTE's do you need? You are a nurse manage and
have the following data available to you: 3.8 nursing hours per
patient day, average daily census of 40 patients, staff benefits of
14 vacation, 6 holiday, 12 sick (32) - ANSWER-1) Find projected
annual hours of care (40 X 3.8 X 365) = 55, 480
,3|Page
2) Find Benefit Hours (multiple 8 times the days they have - so
they have 32 total days X 8 = 256
3) Find productive hours (2080-256 = 1842)
4) Find Adjusted FTE's (divide annual hours of care by adjusted
FTE's 55480/1824 = 30.41)
Continuous Coverage Factor in Nursing - ANSWER-to cover one
eight-hour shift for 7 days requires 1.4 FTE's (56 hours/40) - to
cover three 8-hour shifts for 7 days requites 4.2 FTE's (168/40)
What is Variance Analysis? - ANSWER-Three factors that effect
budget are volume, use or quantity (efficiency) and price or ratio
How to complete a variance analysis process ? - ANSWER-1)
comput efficiency volume
2) compute volume variance
, 4|Page
3) compute cost variance
Using the information below, what is the total FTE Staff and RN
staff needed for the upcoming week? Unit 1 North
24-bed unit
Projected Census 100%
Ratio 1:6
Operations 2:7
3 eight hour shifts per day
RN constitute 75% of staff - ANSWER-1) Calculate staffing
number per shift (24 beds at 100% =24 patients, 24 patients at
1:6 ratio - 4 per shift)
2) Calculate staff per day - 3 shifts per day X 4 staff = 12 staff per
day
3) Calculate FTE for 24/7 - 1.4 X 12 staff/day + 16.8 FTE staff per
week
NURSE EXECUTIVE ADVANCED EXAM LATEST 2026 ACTUAL EXAM
WITH COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS
(100% VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||BRANDNEW!!!||
What is nursing productivity? - ANSWER-the ratio of patient care
hours per patient day to salary and benefit costs paid out to the
staff by the organization
A Strategy for the nurse executive in consideration of costs when
preparing a presentation for a new program is a : - ANSWER-
break-even analysis
What is breakeven analysis? - ANSWER-Volume at which total
revenues equal total costs
At this point, the firm does not make a profit or suffer a loss
Financial formulas - Projected Annual Patient Days - ANSWER-
Average daily census X 365 days per year
Financial formulas - hours of care per year - ANSWER-Average
daily census X nursing hours pt day X 365 day
,2|Page
Financial formulas -Full Time equivalent (FTE) - ANSWER-hours
of care per year divided by 2080 (employee w/o benefit time)
Financial formulas - benefit time - ANSWER-vacation hours +
holiday hours +sick hours + personal hours
Financial formulas - productive time - ANSWER-2080 - benefit
time
Financial formulas - Adjusted FTE - ANSWER-hours of care per
year divided by productive time
How many FTE's do you need? You are a nurse manage and
have the following data available to you: 3.8 nursing hours per
patient day, average daily census of 40 patients, staff benefits of
14 vacation, 6 holiday, 12 sick (32) - ANSWER-1) Find projected
annual hours of care (40 X 3.8 X 365) = 55, 480
,3|Page
2) Find Benefit Hours (multiple 8 times the days they have - so
they have 32 total days X 8 = 256
3) Find productive hours (2080-256 = 1842)
4) Find Adjusted FTE's (divide annual hours of care by adjusted
FTE's 55480/1824 = 30.41)
Continuous Coverage Factor in Nursing - ANSWER-to cover one
eight-hour shift for 7 days requires 1.4 FTE's (56 hours/40) - to
cover three 8-hour shifts for 7 days requites 4.2 FTE's (168/40)
What is Variance Analysis? - ANSWER-Three factors that effect
budget are volume, use or quantity (efficiency) and price or ratio
How to complete a variance analysis process ? - ANSWER-1)
comput efficiency volume
2) compute volume variance
, 4|Page
3) compute cost variance
Using the information below, what is the total FTE Staff and RN
staff needed for the upcoming week? Unit 1 North
24-bed unit
Projected Census 100%
Ratio 1:6
Operations 2:7
3 eight hour shifts per day
RN constitute 75% of staff - ANSWER-1) Calculate staffing
number per shift (24 beds at 100% =24 patients, 24 patients at
1:6 ratio - 4 per shift)
2) Calculate staff per day - 3 shifts per day X 4 staff = 12 staff per
day
3) Calculate FTE for 24/7 - 1.4 X 12 staff/day + 16.8 FTE staff per
week
