Exam 15: Financial Administration

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Identify the potential pitfalls in budgeting issues that criminal justice administrators must address.

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-Placing too much emphasis on relatively insignificant organizational expenses.In preparing and implementing a budget,managers should allocate more time to deal with significant organizational expenses and less time for relatively insignificant ones.
-Increasing budgeted expenses year after year without adequate information.Perhaps the best-known method developed to overcome this potential pitfall is zero-based budgeting.
-Ignoring the fact that budgets must be changed periodically.Administrators must recognize that factors such as the cost of materials,new technology,and demands for services are constantly changing and that budgets should reflect that by being reviewed and modified periodically.

By 2010,______states had made reductions to their corrections budgets.

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Approval of a city's budget is a responsibility of the:

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During the first 8 or 9 months of the budget year,the prudent administrator will normally attempt to manage the budget:

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The _________ __________ consists of four sequential steps,repeated every year at about the same point in time.

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A disadvantage of the program budget format is that it requires tracking time of all personnel by activity.

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__________ ___________ involves the preparation of a budget to allocate funds in accordance with agency priorities,plans,and programs,and to deliver necessary services.

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Financial administration is removed from politics,particularly after a budget request is approved.

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Discuss what is involved in each of the four steps of a budgeting cycle.

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The performance budget format requires managers to justify their entire budget request in detail,rather than simply base it on prior years.

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The budget is a "comprehensive plan."

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Supervision of the budget execution phase is a(n)__________ function that requires some type of fiscal control system.

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The ___________ __________,or a severe,prolonged economic downturn,is said to have officially lasted from December 2007 to June 2009.

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Financial audits determine whether:

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Advantages of the performance budget format are its consideration of outputs,improved evaluation of programs,and its emphasis on efficiency.

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From an administrator's standpoint,budget is by far the most complicated stage of the budgeting process.

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Eventually,a consolidated budget is developed for the entire police department and submitted to the ____________.

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The budget is all but which of the following?

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By 2009,more than half (26)of the states had slashed their prison funding.

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Which of the following is not an area of budgeting accountability where audits are concerned?

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