Examine the scope of the issue as it relates to nursing and principles identified in codes of ethics.

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1 minus $4.2). Meanwhile, the management variance is calculated by subtracting flexible budget costs from actual ones which gives us an increase in management variance equal to $0.1 million ($4.2 minus $4.1).

Interpreting these results tells us that while the organization achieved a decrease in terms of revenues compared to their expectations (volume variance), they were able to manage costs better than planned (management variance) which ultimately led to a lower profit figure in comparison with both static and flexible budgets shown earlier – this difference was calculated as -$0.3 million ($0.7 minus $0.3).

When examining an issue related to nursing, it is important for nurses to adhere to ethical principles established through codes of ethics or laws governing healthcare practice such as those set out by The American Nurses Association Code of Ethics or The Nursing & Midwifery Council code of professional standards in the UK etc.

These codes provide nurses with guidance on how best to act when presented with ethical dilemmas so that decisions are consistent with our core values around patient care and professional conduct regardless of situation at hand. Additionally, they also serve as reminder for nurses about their responsibilities towards themselves as well as other stakeholders within the healthcare system including patients, colleagues, employers etc.

Therefore, when addressing any issues related to nursing it is crucial that we refer back these documents and ensure our behavior remains consistent with them at all times if we want provide safe and effective care while upholding highest possible standards expected from our profession.