1. When developing a budget, which ethical principle is most important to
consider?
a) Justice
b) Nonmaleficence
c) Beneficence
d) Autonomy
Answer: a) Justice. Rationale: Justice in budget development ensures
fair distribution of resources and services, which is crucial in healthcare
settings.
2. What is a key ethical consideration when allocating resources in nursing
leadership?
a) Cost-effectiveness
b) Patient preferences
c) Staffing needs
d) Equity
Answer: d) Equity. Rationale: Equity ensures that resources are
allocated based on patient needs and not on other factors like ability to pay
or social status.
3. Which of the following best describes a capital budget?
a) A projection of income and expenses for day-to-day operations.
b) A plan for long-term investments in facilities and equipment.
c) A report detailing the financial position of the organization.
d) An outline of the organization's financial goals and strategies.
Answer: b) A plan for long-term investments in facilities and equipment.
Rationale: Capital budgets are used for significant investments that have a
long-term impact on the organization.
4. In controlling operating budgets, what is a primary ethical concern for
nurse leaders?
a) Maximizing profits
b) Reducing waste
c) Ensuring quality of care
d) Increasing efficiency
Answer: c) Ensuring quality of care. Rationale: While controlling costs
is important, maintaining the quality of patient care is an ethical
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