Conduct an interview with your site supervisor, or another nurse leaderwhom you consider to be a mentor in the area of health care finance. Discuss their experience with operations and capital budgets in their current or previous role. Explore the following topics in your interview:Their experience managing an operating budget.Their approach to managing productivity within the parameters of the budget.Their approach to oversight of the appropriate use and availability of equipment and supplies.The experience of managing a capital budget.How managing a capital budget differs from managing an operating budget.Their application of finance principles to fulfil the organization’s mission and goals.Analysis Prepare a written analysis of your findings from the interview, supplemented by your own research and evaluation of budget management techniques.Compare the process of managing an operating budget to that of managing a capital budget.Describe the process of allocating resources for labour, equipment, and services.Describe an effective approach that contributes to planning for profitability and fiscal success.Evaluate the nurse leader’s approach to budget management. Health Science Science NursingBIOLOGY 1A
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