CNML Practice Questions - Certified Nurse Manager And Leader Exam

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A nurse manager reviews the monthly operating budget and finds salary expense was $48,000 over budget while patient days were 12% above plan. This is best categorized as which type of variance?

Unfavorable price variance Favorable volume variance with associated volume-driven expense increase Unfavorable efficiency variance Capital budget variance

Correct Answer:

Favorable volume variance with associated volume-driven expense increase

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