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The Importance of Working within Budgetary Constraints

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What are some of the factors that contribute to a successful operating budget performance? What are some of the factors that can cause a department to not meet its budget goals? (Hint - think about the things that will cause problems or differences from the budget like more patients than planned, too many staff on hand, etc.).

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This solution describes the importance of working within budgetary constraints.

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One of the major factors that can contribute to a successful operating budget performance is the skill and discipline of the leadership within the organization, in ensuring that all departments work within their budgetary constraints. Another factor that can contribute to a successful operating budget ...

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