Basic Starting Points for Budget Preparation
Question 1 A basic starting point for budget preparation is: Group of answer choices The previous year’s budget. The average of the last five year’s budget. Knowing the total available revenues. All of the above. Question 2 A fiscal year is: Group of answer choices the standard year for all governments the same as a calendar year the accounting or budget period for your agency determined by an officer’s hire date Question 3 According to your text, all are ways to cut budgets except: Group of answer choices Cut equipment viewed as luxuries Use precedent – cut items that have been cut before Cut all requests for personnel increases All are ways to cut budgets Question 4 According to your text, the asset forfeiture program has three goals. Which is NOT a goal of the asset forfeiture program? Group of answer choices Enforcing the law while stripping criminals of their ill-gotten gains Improving law enforcement cooperations Creating revenues to taking property used in illegal activities Enhance law enforcement revenue through equitable sharing Question 5 All law enforcement employees should contribute ideas related to budget items as specific needs arise. Group of answer choices True False Question 6 An accounting period is the time period covered by the income statement and other financial statements that report operating results. Group of answer choices True False Question 7 An agency’s calendar year and fiscal year are always the same. Group of answer choices True False Question 8 Another relatively new approach to saving costs that is being implemented in many agencies across the country is to “go green.” Group of answer choices True False Question 9 Bottom line budget philosophy means: Group of answer choices Shifting funds from one category to another must be approved Funds may be expended beyond the total approved. There is no limit on funding. Funds may be expended up to the total amount approved regardless of category. Question 10 Chiefs should develop a mindset that sees budgeting as a year-round process, not just a task that occurs once a year. Group of answer choices True False Question 11 Costs that do not vary in total during a period even though the amount of service provided may be more or less than anticipated are called __________ costs. Question 12 It is unconstitutional for law enforcement agencies to charge for provision of traditional services such as DUI arrests. Group of answer choices True False Question 13 Long term expenses are easier to plan for that short term expenditures. Group of answer choices True False Question 14 Many agencies have started charging for traditional services, including Group of answer choices Credit card fraud investigations Larceny Arrests Burglary investigations DUI arrests Question 15 Most budget items are Group of answer choices A continuous item Derived from written commitments Short term for the current year Design to address staff issues Question 16 Personnel costs account for __________ percent of the average total police budget Group of answer choices 25 40 65 80 Question 17 Preparing budgets is difficult because most law enforcement services are intangible Group of answer choices True False Question 18 Program budgeting Group of answer choices Requires much paperwork Is perceived by many mangers as unproductive Both requires much paperwork and is viewed by many managers as unproductive None of these answers are correct Question 19 Reducing costs is the responsibility of all employees. Group of answer choices True False Question 20 Rent and insurance are considered fixed costs. Group of answer choices True False Question 21 Subordinates should submit their ideas relating to budget items to Group of answer choices Their most immediate supervisor. Their supervisor’s supervisor. The police chief. Anyone within their own rank. Question 22 The “all levels” police budgeting approach means that: Group of answer choices All department categories must expend equally All levels of personnel should be involved in the budget process All levels must approve expenditures All answers are correct Question 23 The Budget is a critical document for: Group of answer choices Operations Planning Administration All of these are correct Question 24 The leading federal funding agency for law enforcement programs is the. Group of answer choices DOJ DEA FBI ATF Question 25 The main clearinghouse for all federal grants is a website called www.grants.gov which makes available billions of dollars of grant money each year. Group of answer choices True False Question 26 The quartermaster system helps officers maintain Group of answer choices Ammunition Fuel for patrol cars Timesheets Uniforms Question 27 Using the team concept, departments can cut costs and make improvements at the same time by Group of answer choices Using an employee suggestion program. Using a do-more-with-less policy. By not subcontracting outside agency. Using inmate labor. Question 28 Variance budget analysis involves: Group of answer choices Proactive budgeting The difference between actual costs and amount budgeted The difference between estimated costs and actual budget None of the above Question 29 Variance reports Group of answer choices should be made anually are an automatic red flag that the budget was prepared incorrectly should be made known to everyone who directly or indirectly influences the costs all of these correct Q30 When managers at each level are responsible for the budget they need based on input from their subordinates, the result is __________ budgeting. Group of answer choices All levels Flexible Generally acceptable Democratic
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.