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Question 1. Review the commonly used approaches to budgeting for service volumes in a healthcare organization. Select any three of these and describe them.
Question 2. Explain the difference between top-down and bottom-up budgeting, and give the pros, and cons of each. Based upon your learning here, which approach do your personally favor, and why?
Question 3. Discuss the full-time equivalent level as a key component of the operating budget for any healthcare organization. Why is it so important?
Question 4. Why is it so important to present a board-level human resources report in June while the operating budget process is beginning?
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