Brooke is a nurse manager who has been asked to come up with a list of expenses for the nursing department. In return, the hospital’s financial management department will develop a plan of how much money to give to the nursing department. What is that plan called?

A budget is a financial plan that estimates a department’s expenses and how much money will be allocated to cover them. Since Brooke is listing nursing department expenses so the hospital can decide how much funding to provide, the plan is a budget.

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