Operational Budget Preparation

Operational Budget Preparation


Utilizing your textbook readings create a presentation that provides:(add speaker notes)

An overview of the components of an operating budget including revenue and expense sections.
Definitions and one example of the following components; direct costs, indirect costs, overhead, fixed cost and variable cost, service revenue, non-service revenue, total revenue, gross revenue, and net revenue.
An example of how the realities of a budget might direct or influence the strategic planning in a healthcare organization.
Note: Make sure to save a copy of your completed work.


The finished Assignment should be a 6–12 slide explanatory PowerPoint® presentation of an operating budget.

Before finalizing your work, you should:

be sure to read the Assignment description carefully (as displayed above)
consult the Grading Rubric (under the Course Home) to make sure you have included everything necessary;
utilize spelling and grammar check to minimize errors; and
review APA formatting and citation information found in the Writing Center, online, or elsewhere in the course.
Your writing assignment should:

follow the conventions of Standard American English (correct grammar, punctuation, etc.);
be well ordered, logical, and unified, as well as original and insightful;
display superior content, organization, style, and mechanics; and
use APA 6th edition format for organization, style, and crediting sources including:
properly formatted header
12-point, double-spaced, Times New Roman font
use of in-text citations
title page and reference page
use of headings (if applicable)

Textbook Reading:

Financial Management for Nurse Managers and Executives

Chapter 10: “Costs and Other Issues Related to Recruiting and Retaining Staff”
Chapter 14: “Revenue Budgeting”