Budgeting is described as the process of developing a financial tool to organize expenses and allocate financial resources toward them. The text refers to Nursing as a “Big Budget Item” as it can comprises approximately 30% of a healthcare facilities budget (Dunham-Taylor & Pinczuk, 2015, p 448). A nurse’s role in budget development may appear obscure in nature but is actually fundamental in the practical sense of things. Nurse are the largest group of skilled workers within a healthcare facility; whom are directly involved in supply distribution, requisition, documentation and provision of allocated services. Nurses as managers in the inpatient settings are even more intrinsically involved in these services as well as have contact with
