Deck 17: School Budget Development and Administration

Question 1

The basic budgetary procedures developed by England are now followed in principle by all modern democratic countries.

Answer 1

True

Question 2

The budget is developed by the legislative branch of government and presented to the executive branch.

Answer 2

False

Question 3

The federal government is required to develop a budget pursuant to the 10th Amendment of the U.S. Constitution.

Answer 3

False

Question 4

The Office of Management and Budget (OMB) is responsible for the preparation of the executive budget of the United States.

Question 5

All states complied with the federal mandate in 1929 to develop and submit a budget for approval to Congress.

Question 6

The primary difference between school budgets and private sector budgets is the much higher percentage of costs devoted to personnel by the public schools.

Question 7

The advent of computerized data processing permitted more sophisticated budgeting practices by public schools.

Question 8

Zero-Based Budgeting has proved to be the popular budgeting system used by public schools.

Question 9

The basic budgetary procedures developed by England are now followed in principle by all modern democratic countries.

Question 10

The budget is developed by the legislative branch of government and presented to the executive branch.

Question 11

The federal government is required to develop a budget pursuant to the 10th Amendment of the U.S. Constitution.

Question 12

The Office of Management and Budget (OMB) is responsible for the preparation of the executive budget of the United States.

Question 13

All states complied with the federal mandate in 1929 to develop and submit a budget for approval to Congress.

Question 14

The primary difference between school budgets and private sector budgets is the much higher percentage of costs devoted to personnel by the public schools.

Question 15

Purpose(s) of budgets include the following:

A) allocation of authority
B) comprehensive fiscal plan
C) estimates of revenue receipts and expenditures
D) all of the above

Question 16

The approximate percent of public school budgets expended for personnel is:

A) 0.25
B) 0.35
C) 0.55
D) 0.85

Question 17

Public school budgets are coded for the following:

A) function
B) program
C) object
D) instructional level
E) all of the above

Question 18

The accounting system employed by public schools is:

A) cooperative accounting
B) multi-purpose accounting
C) fund accounting
D) specialized accounting
E) all of the above