The CFO of your facility asks you to prepare a budget for the fiscal year based on the pa volume and type of healthcare services compared to anticipated needs for the services. process is an example of using the "__________" budgeting method.
The CFO of your facility asks you to prepare a budget for the fiscal year based on the pa volume and type of healthcare services compared to anticipated needs for the services. process is an example of using the "__________" budgeting method.
This type of budgeting method involves preparing a budget based on statistical analysis, which includes comparing past data (like volume and type of healthcare services) with anticipated future needs. This makes 'statistics budget' the most appropriate term for this process.
static budget
Correct Answer is B. Fixed Budget
The correct answer is B, Fixed Budget
Fixed budget is based on known volume factors , but, anticipated is based on the statistics available past and projected. C is the correct answer