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Describe these two budget methodologies. Include enough detail for the reader tofollow and understand the methodology.
Building a Nursing BudgetThis assignment asks you to look at two budget methodologies fixed and flexible.You are asked to focus your discussion on two types of operational budgets and thencompare them to the identified criteria. Lastly you are asked to present an exampleof how one budget type would be used by the masters prepared nurse leader in ahealth care setting of your choice.Keep the APA scholarly paper within a 6 page limit (excluding title page andreference list). An abstract page is not required for this assignment.Budget Types/Methodologies (20%)A. Compare the fixed operating budget approach to the flexible operating budgetapproach as outlined in your text book and readings.B. Describe these two budget methodologies. Include enough detail for the reader tofollow and understand the methodology.Comparison: (40%)Construct a table and compare the 2 types of budget methodologies in the followingcategories:A. Advantages and disadvantages to the nurse leader in monitoring complianceB. Operations best suited to each type of budgetC. Impact on the correlation to patient careD. Ability to take variances into accountExample of Budget (20%):A. Choose one of the budget types you have described.B. Present an example of how this budget type would be used by the masters preparednurse leader in a health care setting of your choice.C. The setting can be a community or inpatient environment where you work haveworked or would like to work as a masters prepared nurse leader.Integration of Evidence and Theory 10%A. Integrate credible relevant sources to support ideas appropriate for theassignment.B. Consistently use information in ways that are true to original context. Alwaysdistinguish between own ideas or common knowledge and ideas requiringattribution.C. Scholarly articles integrated within the paper meet the following standards:? Provide the required number of references (minimum of 6)? Most nursing-specific or nursing-related

 
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