Liberty University EDUC 648 QUIZ 6 Course 201940 Fall 2019 EDUC 648-D02 LUO Test Quiz 6 Started 11/23/19 8:06 AM Submitted 11/23/19 9:08 AM Due Date 12/1/19 11:59 PM Status Completed Attempt Score 45 out of 45 points Time Elapsed 1 hour, 2 minutes Instructions · Time limit: 2 hours · 30 true/false, multiple-choice, multiple answer, matching, short answer, and essay questions · Open-book/open-notes · Do not hit the BACK button as this will lock you out of the quiz. · The timer will continue if you leave this quiz without submitting it. Results Displayed Submitted Answers, Feedback · Question 1 1.5 out of 1.5 points Systems analysis is a practical, systematic approach to assist the decision maker in choosing a course of action. Which of the following is included in the description of the systems analysis approach? · Question 2 1.5 out of 1.5 points Preparation of the budget includes the following three dimensions as indicated in the following sequence: determination of the educational plan, the conversion of the education plan into cost terms, and finally, the determination of the sources of required revenue. · Question 3 1.5 out of 1.5 points Which of the following is NOT included in the list of some of the most common kinds of insurance that a typical school board would want to consider? · Question 4 1.5 out of 1.5 points Surety bonding of employees protects the school district against fraud or loss, along with providing motivation to the official to be businesslike in handling the funds under their jurisdiction. · Question 5 1.5 out of 1.5 points Insurance has been called a necessary expenditure to provide for benefits in case of an incident, or emergency that the purchaser of insurance hopes will never happen? · Question 6 1.5 out of 1.5 points Purchasing supplies and equipment is not just a simple process of ordering something from a vendor. It involves a complicated and complex process which can result in numerous problems. Which of the following is NOT included in the potential problems associated with the purchasing process? · Question 7 1.5 out of 1.5 points The encumbrance account does not represent expenditures for the period, only a commitment to expend resources. · Question 8 1.5 out of 1.5 points No executive can possibly perform all of the generally accepted functions of the superintendency alone; some of the duties of the office must be delegated to others. However, whether delegated or not, providing for safe and secure schools is a primary function of the business side of a superintendents position. · Question 9 1.5 out of 1.5 points Identify which of the following is included in the main purposes of school districts using efficient accounting systems in schools and school districts: · Question 10 1.5 out of 1.5 points The accrual basis is the superior method of accounting for the economic resources of the local education agency. Which of the following are considered essential elements of accrual accounting? · Question 11 1.5 out of 1.5 points According to the text, Financing Education in a Climate of Change, one inflexible rule for school principals is that fees and other receipts from current students must be used for students who have paid for them, or a new account is required to carry the balance to the following fiscal year budget. · Question 12 1.5 out of 1.5 points Which of the following is an appropriate statement regarding the preparation of the budget hearing? · Question 13 1.5 out of 1.5 points Translating educational needs into a budget includes the following pattern: (1) organizing objectives, (2) establishing goals, (3) identifying needs, (4) building a program to meet those goals, and (5) producing a budget to fund those programs. · Question 14 1.5 out of 1.5 points Careful planning and evaluation may reduce but never completely eliminate the need for making changes in the current budget. · Question 15 1.5 out of 1.5 points The poverty level an…
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