Organizations financial budgeting Reply 1 Activity-based costing offers an accurate method of service or product servicing leading to accurate pricing choices. ABC as well increases cost drivers and overheads and makes non-valuable activities visible, creating the managers to eliminate them. Therefore, managers will be in a position to use funds on necessary things that bring profits to the company. Also, it improves customer and product profitability analysis. It’s a methodology for assigning overhead expenses by assigning them to actions. Once assigning of costs is done to operations, the expense can be allocated to the cost matters that apply such activities. The system can be used to reduce the expenses, which are surplus and events, which cant be given the priority. The accounting tools work best in a complex environment. This is a situation where many products and processes are involved. Its a good strategy but the problem cant be used in areas where the environment not busy. Reply 2 When talking about master budgeting, it entails all lower-level budgets made in the organization’s various financial regions. It’s present in almost…

Popular drugs among youths Ecstasy pills dominated the 90s as they were the most common stimulant among the youth during raves and festivals. The teens used ecstasy pills to feel a sense of euphoria. Several drugs capture the spirit of the current drugs. The most popular drugs among youth are cannabis, heroin, and cocaine. Cannabisis the most popular. People who engage in cannabis smoking do so to get the intoxicating effect that comes with it. Marijuana produces its effects by affecting the brain areas that influence pleasure, movement, coordination, and sensory perception. This disrupts normal mental and physical functioning of the body, causing effects such as a sense of relaxation or a heightened sense ofjudgment. In other cases, some people may experience panic, fear, and anxiety. The emerging demographic is characterized by alcohol, drugs, gambling, video games, and social media addiction. Young adults involve themselves in internet gambling and devote substantial time to many multiplayer games online to the extent of forgetting essential areas of life. The youth engage in gambling activities such as sports betting, poker playing, and video…

Reduced budgetary allocation and economic constraints Often, healthcare facilities encounter reduced budgetary allocation and economic constraints. This scenario calls for the need of nurse managers to assess the departments with limited funding and find appropriate measures to overcome those financial challenges. Therefore, nurse leaders should collaborate with the finance department and ensure that they know and understand the different types of budgets for a successful operation budgeting. Preparing to Explain Short-Term Variations Short-term variations in operational budgeting tend to forecast the cash flow of the next one to three months of operation. Nurse leaders should thoroughly explain this phenomenon to ensure that a health facility is enough liquid to settle their debts early before they are overdue. Short-term budgeting is a vital tool for the survival of a healthcare organization because of the lack of enough money to pay debts can have detrimental effects on organizational continuity. A successful budgeting process involves cooperation between nurse managers and the healthcare finance department. Hence, nurse leaders must be familiar with the entire procedure and activities to explain the short-term variations. The reason…

Different types of budgets for a successful operation budgeting in the healthcare Often, healthcare facilities encounter reduced budgetary allocation and economic constraints. This scenario calls for the need of nurse managers to assess the departments with limited funding and find appropriate measures to overcome those financial challenges. Therefore, nurse leaders should collaborate with the finance department and ensure that they know and understand the different types of budgets for a successful operation budgeting. Preparing to Explain Short-Term Variations Short-term variations in operational budgeting tend to forecast the cash flow of the next one to three months of operation. Nurse leaders should thoroughly explain this phenomenon to ensure that a health facility is enough liquid to settle their debts early before they are overdue. Short-term budgeting is a vital tool for the survival of a healthcare organization because of the lack of enough money to pay debts can have detrimental effects on organizational continuity. A successful budgeting process involves cooperation between nurse managers and the healthcare finance department. Hence, nurse leaders must be familiar with the entire procedure and activities to…

Post 1 The New York City Draft Riots” & the Civil War Hundred of Americans were killed to make the country a slavery-free America. African Americans were released from their slavery bondage after the Civil war, and the New York City Draft made African Americans exercise their human rights amid White Americans. Also, racism against African Americans came to an end due to the two war events. After the two wars, African Americans were allowed to join the military as well as other civil jobs in the country (History.com, 2009). Post 2 Southern America’s racial attitudes during the War era forced the abolition of slavery in the Northern states. The City Draft Riots introduces learners to the Northern America views and fears of losing their job opportunities to the freed slaves in Northern America. The two events provide class-based opinions during the war period, which makes the person in power to hold on to a leadership position more tenuous than commonly thought. The New York Draft Riots and Civil War were a race riot; many immigrants, especially whites, were uncomfortable…

Nuclear Medicine Medical imaging is used to create a visual representation of the internal parts of a body, critical for therapeutic interventions and clinical analysis. Nuclear Medicine is one of the Nuclear Medicine techniques that use radioisotopes and radiopharmaceuticals for research, diagnosis, and treatment. By use of radioactive materials, doctors can detect and determine the level of severity in diseases like; cancer, neurological disorders, and heart problems. This method presents a painless and a less expansive technique for making the diagnosis in the internal components of a body. Gamma rays are emitted from radioactive chemical tracers, and these rays give the diagnostic information of a patient’s anatomy. Approximately 5 in every ten people in the developed nations have benefitted from this technique. This method functions by recording more body radiations as compared to the emissions of the external sources. There are different nuclear medicine scans in this method because the primary emphasis is not the imaging modality (Chandra & Rahmim, 2017). The two commonly used techniques in nuclear medicine are; Positron emission and single-photon emission computed topographies. This paper describes…

PERT technique This week’s learning is on the topic project scope, project time, and project cost management. During this week, I gained knowledge of the PERT technique. The PERT technique is known as the program evaluation and review technique. I understood the significance of this technique, which helps in the project tracking at different time intervals and the probability of the completion of the project. I also learned about the resource optimization concept this week. This technique is useful to adjust the project implementation, and project completion dates as per the resource availability. This technique assumes that the project has limited resource availability. The resources can be anything from equipment, people, materials, facilities, etc. All these resources should be considered while planning. To estimate the resources, five estimation techniques are studied during this week. They are a parametric estimation, Analogous estimation, three-point estimation, expert judgment, historical data. These estimations were explained on resource-constrained projects and time-constrained projects. The techniques of resource levelling and its importance when the time of the project cannot be prolonged is understood. The technique of Heuristics…