Please help me study this practice quiz
Reference :
Furman, R., Gibelman, M., & Winnett, R. (2020). How organizations are financed. In Navigating human service organizations: Essential information for thriving and surviving in agencies (4th ed., pp. 55-77). Oxford University Press.
Credit line: Navigating Human Service Organizations: Essential Information for Thriving and Surviving in Agencies, 4th Edition by Furman, R.; Gibelman, M.; Winnett, R. Copyright 2020 by Oxford University Press. Reprinted by permission of Oxford University Press via the Copyright Clearance Center. Licensed in 2022.
Walden University, LLC. (2022). People First San Diego [Interactive media]. Walden University Canvas. https://waldenu.instructure.com/
Financial management involves which of the following functions?
Group of answer choices
A-Securing funds
B-All of the listed functions
C-Managing funds
D-Accounting
E-Planning/budgeting
A type of budgeting that looks at program results in order to gauge the budget is:
Group of answer choices
A-Performance budgeting
B-Zero-based budgeting
C-Contract budgeting
D-Program budgeting
You have secured a new grant for the People First San Diego organization. In the budget, these funds would be listed as:
Group of answer choices
A-Revenues
B-Personnel Expenses
C-Surplus/Deficit
D-Other Than Personnel Expenses
Nonprofit funding sources can include:
Group of answer choices
A-Government funding
B-Fees for service
C-Grants from charitable foundations
D-Individual donations
E-All of the listed sources
It is advisable for nonprofit organizations to gather all of their revenue from one funding source.
Group of answer choices
A-True
B-False
You find that you are spending slightly over budget on the programs you manage. From which area could you draw the necessary funds?
Group of answer choices
A-Contingency/Reserves
B-Miscellaneous
C-Office Supplies
D-Clinic Revenues
In order to hire two more staff members, the People First San Diego budget would need to increase in which area(s)?
Group of answer choices
A-The budget would not need to increase.
B-Staff Salaries, Benefits, and Travel/Training/Prof Development
C-Staff Salaries and Benefits
D-Staff Salaries
The largest source of funding for People First San Diego in this fiscal year is:
Group of answer choices
A-Clinic Revenues
B-Government Grant
C-Foundation Grant
D-Corporate Donors
Volunteers and interns are a no-cost way to expand the workforce.
A-True
B-False
The organization is planning to move to a larger office space. In addition to the increased lease expense, the budget will be affected in what way?
Group of answer choices
A-Increased cleaning services, maintenance, and utilities expenses
B-Increased staff and manager salaries
C-Decreased expenses for office supplies
D-Decreased revenue from fundraising