Question 1

The main method of budget control is having expenditures centralized and at least two people responsible for it.

Accepted Answer

A) True 
 B)False

Question 2

The largest portion of a budget for a child care program will be spent on __________.

Accepted Answer

The answer of The largest portion of a budget for...

Question 3

It is not always accurate to calculate income by multiplying the number of children allowed by licensing with the amount of tuition charged.Why?

Accepted Answer

Many schools do not want to en

Question 4

Water, gas, electricity, and telephone are examples of __________.

Accepted Answer

The answer of Water, gas, electricity, and telephone are examples...

Question 5

The first step in the budget process is to list the goals for the year.

Accepted Answer

A) True 
 B)False

Question 6

One way to accommodate parents and to fill enrollment is to __________.

Accepted Answer

accept chi

Question 7

Describe the process of budget analysis.

Accepted Answer

Check to see that every item and every c

Question 8

You should establish a budget __________ with deadlines for meeting exact milestones in the budget.

Accepted Answer

The answer of You should establish a budget __________ with...

Question 9

The decisions concerning salaries for staff members are difficult.What are the things that should be considered?

Accepted Answer

The education and experience o

Question 10

The income that can be generated from tuitions should be enough to cover the cost of __________.

Accepted Answer

The answer of The income that can be generated from...

Question 11

Expenses that the director has limited control over are called __________.

Accepted Answer

The answer of Expenses that the director has limited control...

Question 12

MATCHING
a.a statement of goals for one year, stated in financial terms
b.a schedule for compiling budget data
c.expenses that vary and over which the director has some control
d.expenses that do not vary, or change very little, over periods of time
e.mandated or voluntary benefits that are added to personnel expenses
f.largest portion of the budget
g.nonexpendable items that are not replaced in a short period of time
h.costs that cover rent or mortgage payments of the building
i.major source of income
j.the number of children who must be served in a program to generate enough income to cover costs
-nonexpendable items

Accepted Answer

The answer of MATCHING
a.a statement of goals for one year,...

Question 13

Justifications for budget requests should be linked to the goals and objectives of a program.

Accepted Answer

A) True 
 B)False

Question 14

A yearly audit by an independent auditor is a necessary part of operating any business.

Accepted Answer

A) True 
 B)False

Question 15

The item in a budget that does NOT fall under the category of other sources of income is

Accepted Answer

A) transportation fees 
B) materials fee 
C) tuition 
D) contributions 
A) transportation fees 
B) materials fee 
C) tuition 
D) contributions

Question 16

The director has primary responsibility for the budget process.

Accepted Answer

A) True 
 B)False

Question 17

Outside persons who perform specific services, sometimes on a one-time-only basis, are called __________.

Accepted Answer

The answer of Outside persons who perform specific services, sometimes...

Question 18

A budget analysis

Accepted Answer

A) checks the math calculations. 
B) includes salary increases for staff. 
C) compares current budget with the previous year. 
D) calculates correct salaries. 
A) checks the math calculations. 
B) includes salary increases for staff. 
C) compares current budget with the previous year. 
D) calculates correct salaries.

Question 19

Variable expenses include

Accepted Answer

A) space costs. 
B) equipment purchases. 
C) insurance. 
D) salaries. 
A) space costs. 
B) equipment purchases. 
C) insurance. 
D) salaries.

Question 20

__________ is likely to be an expenditure in a budget.

Accepted Answer

A) All of these answers. 
B) Transportation 
C) Food 
D) The cost of the space 
A) All of these answers. 
B) Transportation 
C) Food 
D) The cost of the space

The main method of budget control is having expenditures centralized and at least two people responsible for it.

The largest portion of a budget for a child care program will be spent on __________.

It is not always accurate to calculate income by multiplying the number of children allowed by licensing with the amount of tuition charged.Why?

Water, gas, electricity, and telephone are examples of __________.

The first step in the budget process is to list the goals for the year.

One way to accommodate parents and to fill enrollment is to __________.

Describe the process of budget analysis.

You should establish a budget __________ with deadlines for meeting exact milestones in the budget.

The decisions concerning salaries for staff members are difficult.What are the things that should be considered?

The income that can be generated from tuitions should be enough to cover the cost of __________.

Expenses that the director has limited control over are called __________.

Justifications for budget requests should be linked to the goals and objectives of a program.

A yearly audit by an independent auditor is a necessary part of operating any business.

The item in a budget that does NOT fall under the category of other sources of income is

The director has primary responsibility for the budget process.

Outside persons who perform specific services, sometimes on a one-time-only basis, are called __________.

A budget analysis

Variable expenses include

__________ is likely to be an expenditure in a budget.

The Director: a Broad View

Diversity and Early Education

Choices: Schools and Programs

Setting Goals

Planning: Infants and Toddlers

Planning: Preschool-Age Children

Planning: School-Age Children

Family Child Care

Staff Selectionpersonnel Policies

Staff Supervision and Training

Nutrition, Health and Safety for the Program

Beginnings: a New Programa New Year

Including Families and the Community

Maintaining the Quality of Child Care

Filters

Exam 11: Budget

The main method of budget control is having expenditures centralized and at least two people responsible for it.

The largest portion of a budget for a child care program will be spent on __________.

It is not always accurate to calculate income by multiplying the number of children allowed by licensing with the amount of tuition charged.Why?

Water, gas, electricity, and telephone are examples of __________.

The first step in the budget process is to list the goals for the year.

One way to accommodate parents and to fill enrollment is to __________.

Describe the process of budget analysis.

You should establish a budget __________ with deadlines for meeting exact milestones in the budget.

The decisions concerning salaries for staff members are difficult.What are the things that should be considered?

The income that can be generated from tuitions should be enough to cover the cost of __________.

Expenses that the director has limited control over are called __________.

Justifications for budget requests should be linked to the goals and objectives of a program.

A yearly audit by an independent auditor is a necessary part of operating any business.

The item in a budget that does NOT fall under the category of other sources of income is

The director has primary responsibility for the budget process.

Outside persons who perform specific services, sometimes on a one-time-only basis, are called __________.

A budget analysis

Variable expenses include

__________ is likely to be an expenditure in a budget.

The Director: a Broad View

Diversity and Early Education

Choices: Schools and Programs

Setting Goals

Planning: Infants and Toddlers

Planning: Preschool-Age Children

Planning: School-Age Children

Family Child Care

Staff Selectionpersonnel Policies

Staff Supervision and Training

Nutrition, Health and Safety for the Program

Beginnings: a New Programa New Year

Including Families and the Community

Maintaining the Quality of Child Care

Filters