Exam 14: Budgeting and Managing Costs Creatively

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.

_________________ laws at the federal level, and in most states, allow law enforcement to use proceeds of certain seizures for equipment and other needs, especially when the seized property is drug-related and there are no victims to compensate.

Subordinates should submit their ideas relating to budget items to __________.

A(n) ________________ budget deals with all expenses needed to run the department.

The most important obligation by the government to the citizens is to __________.

A(n) ________________ budget deals with "big ticket" items such as major equipment purchases and vehicles.

The first step in solving cost problems is to identify ___________ areas.

A formula grant is also called a ______________ grant.

Cutback budgeting requires __________.

Preparing budgets is difficult because most law enforcement services are intangible.

List the basic types of grants available to law enforcement agencies, identify the various sources of funding, and explain how an agency should go about applying for such grants.

The leading federal funding agency for law enforcement programs is the __________.

An accounting period is the time covered by the income statement and other financial statements that report operating results.

________________ consists of comparing actual costs against what was budgeted and analyzing differences.

Budgets are not infallible because _______ will always arise.

Writing a grant application is fairly easy; most applications have templates for departments to use that make them essentially a "fill in the blank" type of application.

Most departments have ________ types of budgets.

Discuss the creative mechanisms employed by police administrators to enhance their budgets.

Once drawn up, a budget should be strictly adhered to and never exceeded.