Deck 13: Fiscal Management

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Question
A budget is also a:

A) plan
B) method to authorize programs
C) none of the above
D) both a and b
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Question
Budgets are usually good for:

A) one month
B) six months
C) one year
D) two years
Question
The budget is significant because:

A) it specifies limits to what the police department can do
B) it gives legislators the ability to criticize the department
C) a and b only
D) none of the above
Question
A budget that uses a prior year budget to build the new budget is called:

A) incremental budgeting
B) zero-based budgeting
C) line-item or object budget
D) performance budget
Question
A budget that groups items by types or classes is:

A) incremental budgeting
B) zero-based budgeting
C) line-item or object budget
D) performance budget
Question
A budget that is based on how well specific activities of the police department are done is:

A) incremental budgeting
B) zero-based budgeting
C) line-item or object budget
D) performance budget
Question
Requires a review and justification of all areas of the budget:

A) incremental budgeting
B) zero-based budgeting
C) line-item or object budget
D) performance budget
Question
The stage in the budgeting process that focuses on submitting the budget to the city/county manager

A) preparation
B) adoption
C) execution
D) post audit
Question
This stage requires some legal action, such as passing an ordinance or resolution:

A) preparation
B) adoption
C) execution
D) post audit
Question
This stage requires control of the fiscal system:

A) preparation
B) adoption
C) execution
D) post audit
Question
This is a legislative function that looks at funds to see that they were spent properly.

A) preparation
B) adoption
C) execution
D) post audit
Question
Line item budgets generally categorize budget items, often they are divided into how many categories?

A) two
B) three
C) four
D) five
Question
One of the line item categories is personal services, which includes:

A) salaries and fringe benefits
B) gas, oil and forms
C) contracts, rentals and travel
D) desks, cars and weapons
Question
Operating and maintenance expenses include:

A) salaries and fringe benefits
B) gas, oil and forms
C) contracts, rentals and travel
D) desks, cars and weapons
Question
Included in capital outlay is:

A) salaries and fringe benefits
B) gas, oil and forms
C) contracts, rentals and travel
D) desks, cars and weapons
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Deck 13: Fiscal Management
1
A budget is also a:

A) plan
B) method to authorize programs
C) none of the above
D) both a and b
D
2
Budgets are usually good for:

A) one month
B) six months
C) one year
D) two years
C
3
The budget is significant because:

A) it specifies limits to what the police department can do
B) it gives legislators the ability to criticize the department
C) a and b only
D) none of the above
A
4
A budget that uses a prior year budget to build the new budget is called:

A) incremental budgeting
B) zero-based budgeting
C) line-item or object budget
D) performance budget
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5
A budget that groups items by types or classes is:

A) incremental budgeting
B) zero-based budgeting
C) line-item or object budget
D) performance budget
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6
A budget that is based on how well specific activities of the police department are done is:

A) incremental budgeting
B) zero-based budgeting
C) line-item or object budget
D) performance budget
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k this deck
7
Requires a review and justification of all areas of the budget:

A) incremental budgeting
B) zero-based budgeting
C) line-item or object budget
D) performance budget
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8
The stage in the budgeting process that focuses on submitting the budget to the city/county manager

A) preparation
B) adoption
C) execution
D) post audit
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k this deck
9
This stage requires some legal action, such as passing an ordinance or resolution:

A) preparation
B) adoption
C) execution
D) post audit
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k this deck
10
This stage requires control of the fiscal system:

A) preparation
B) adoption
C) execution
D) post audit
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Unlock Deck
k this deck
11
This is a legislative function that looks at funds to see that they were spent properly.

A) preparation
B) adoption
C) execution
D) post audit
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Unlock Deck
k this deck
12
Line item budgets generally categorize budget items, often they are divided into how many categories?

A) two
B) three
C) four
D) five
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k this deck
13
One of the line item categories is personal services, which includes:

A) salaries and fringe benefits
B) gas, oil and forms
C) contracts, rentals and travel
D) desks, cars and weapons
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14
Operating and maintenance expenses include:

A) salaries and fringe benefits
B) gas, oil and forms
C) contracts, rentals and travel
D) desks, cars and weapons
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15
Included in capital outlay is:

A) salaries and fringe benefits
B) gas, oil and forms
C) contracts, rentals and travel
D) desks, cars and weapons
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