EDUC 783 Quiz 2 Budgeting

EDUC 783 Quiz 2 Budgeting

EDUC 783 Quiz 2: Budgeting in Action

1. Two of the most important steps in preparing for a capital project may include the following (select all that apply):
2. Examples of capital projects may include the following (select all that apply):
3. Some examples of auxiliary budget units include the following (select all that apply):
4. Some of the hidden costs to capital projects may include the following (select all that apply):
5. The unit budget requests process may include the following (select all that apply):
6. Budget developers should assume that expenses will be lower and revenues will be higher when planning for the upcoming budget cycle.
7. One example of an auxiliary budget unit is an institution’s History department.
8. Several common ways to fund capital projects include the following (select all that apply):
9. Auxiliary budget units are characterized by the following (select all that apply):
10. One of the preliminary steps in developing a budget is to review three to ve years of unit/department spending history.