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Resources: Budgets under Chief Financial Officer in the Patton-Fuller Community

Resources: Budgets under Chief Financial Officer in the Patton-Fuller Community

Resources: Budgets under Chief Financial Officer in the Patton-Fuller Community Hospital Virtual Organization, the Health Care Budget assignment from Week Five, and the Health Care Business Analysis Grading Criteria located on your student websiteChoose which team member’s budget assignment you will use as a starting point.Review the 2009 Budget Issues – Nurses in the Patton-Fuller Community Hospital Virtual Organization. This can be found on the Chief Financial Officer’s web page under Special Projects.Decide which of the two highlighted options on the Nursing Statistics memo of the 2009 Budget Issues – Nurses you will implement.Discuss,as a team, the decision-making process in creating a budget.Create a new 2010 Operating Budget Projection based on your labor decision from the Nursing Statistics memo.Create a 15- to 20-slide Microsoft® PowerPoint® presentation with detailed speaker notes in which you do the following:?Justify your decision. Include numbers from the organization to support your analysis, such as numbers related to accounting principals, fiscal management, the balance sheet, and so on.?Analyze the effect of your decision on the operating budget.?What is the opportunity cost of your decision?

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