PGA PGM 3.0 QUALIFYING TEST EXAM PAPER
2026 FULLY SOLVED AND VERIFIED ANSWERS
◉ A capital budget is used for large value items such as equipment
and fixtures. Answer: True
◉ The utility of a business plan for managing day to day operations
depends on the accuracy of your assumptions. Answer: True
◉ in a cash budget, transactions are only recognized at the time they
occur. Answer: True
◉ Depreciation allowances must be accounted for in a cash flow
budget.. Answer: True
◉ Your finalized operating budget will show whether or not you
have the money to pay. Answer: False
◉ A Cash budget records cash and credit card transactions. Answer:
true
◉ What information should be basis of a golf shop's 12 month
operating budget. Answer:
,◉ What is the correct Budget category for labor forecast. Answer:
◉ A Cash Flow budget is primarily concerned with what measure.
Answer: Cash Flow
◉ An important feature of a cash budget is cash flow patterns for the
past 12 months are clearly indicated. Answer: True
◉ Monitoring performance. Answer:
◉ What method do managers use to increase their knowledge of
financial performance and controls. Answer:
◉ What is the most significant benefit of a POS system to a manager.
Answer: Real time sales tracking
◉ what does performance metric provide. Answer:
◉ What us is one example of a performance metric. Answer:
◉ Raising and lowering the green fees is a reasonable response to an
under performing budget. Answer: False
,◉ Revising forecast and budgets is one way to keep a business
solvent in the event of unforeseen external changes. Answer: True
◉ Changing the budget when the facility is falling short of budget
projections is both unacceptable and unproductive. Answer: True
◉ What is the baseline reason for analyzing variances. Answer: - to
know why or how they have occurred & know if it is good or bad.
◉ Career Enhancement (Career Planning Process). Answer:
◉ The Skills of a golf professional including knowing that rounds,
memberships, golf cars, tournaments, and merchandise generate
revenue for the facility. Answer: True
◉ A personal development summary details interest strengths
weaknesses and future personal development steps. Answer: True
◉ What must every professional understand about evaluation..
Answer: Evaluation is crucial to career enhancement regardless of
career choice
, ◉ How might a golf pro discover interest. Answer: explore industry
opportunities, connecting with people fist hand experience
◉ What is part of the explore stage in the career planning process.
Answer: Exploration often overlaps with evaluation
◉ It is best to narrow one's focus to a specific job when exploring
career options. Answer: False
◉ Explain the difference between a core industry segment and an
enabled industry segment. Answer: Core Industry - Produce goods &
services used to play the game
Enabled Industry - Produce other economic activities that the game
enables ex. Tourism
◉ PGA.org/jobs provides info on industry positions, networking,
resume writing, and interviewing.. Answer: True
◉ What is the difference between career ladder and career lattice.
Answer: Career Ladder - Directly upward career progression
Career Lattice - combo of sideways and upward progression
2026 FULLY SOLVED AND VERIFIED ANSWERS
◉ A capital budget is used for large value items such as equipment
and fixtures. Answer: True
◉ The utility of a business plan for managing day to day operations
depends on the accuracy of your assumptions. Answer: True
◉ in a cash budget, transactions are only recognized at the time they
occur. Answer: True
◉ Depreciation allowances must be accounted for in a cash flow
budget.. Answer: True
◉ Your finalized operating budget will show whether or not you
have the money to pay. Answer: False
◉ A Cash budget records cash and credit card transactions. Answer:
true
◉ What information should be basis of a golf shop's 12 month
operating budget. Answer:
,◉ What is the correct Budget category for labor forecast. Answer:
◉ A Cash Flow budget is primarily concerned with what measure.
Answer: Cash Flow
◉ An important feature of a cash budget is cash flow patterns for the
past 12 months are clearly indicated. Answer: True
◉ Monitoring performance. Answer:
◉ What method do managers use to increase their knowledge of
financial performance and controls. Answer:
◉ What is the most significant benefit of a POS system to a manager.
Answer: Real time sales tracking
◉ what does performance metric provide. Answer:
◉ What us is one example of a performance metric. Answer:
◉ Raising and lowering the green fees is a reasonable response to an
under performing budget. Answer: False
,◉ Revising forecast and budgets is one way to keep a business
solvent in the event of unforeseen external changes. Answer: True
◉ Changing the budget when the facility is falling short of budget
projections is both unacceptable and unproductive. Answer: True
◉ What is the baseline reason for analyzing variances. Answer: - to
know why or how they have occurred & know if it is good or bad.
◉ Career Enhancement (Career Planning Process). Answer:
◉ The Skills of a golf professional including knowing that rounds,
memberships, golf cars, tournaments, and merchandise generate
revenue for the facility. Answer: True
◉ A personal development summary details interest strengths
weaknesses and future personal development steps. Answer: True
◉ What must every professional understand about evaluation..
Answer: Evaluation is crucial to career enhancement regardless of
career choice
, ◉ How might a golf pro discover interest. Answer: explore industry
opportunities, connecting with people fist hand experience
◉ What is part of the explore stage in the career planning process.
Answer: Exploration often overlaps with evaluation
◉ It is best to narrow one's focus to a specific job when exploring
career options. Answer: False
◉ Explain the difference between a core industry segment and an
enabled industry segment. Answer: Core Industry - Produce goods &
services used to play the game
Enabled Industry - Produce other economic activities that the game
enables ex. Tourism
◉ PGA.org/jobs provides info on industry positions, networking,
resume writing, and interviewing.. Answer: True
◉ What is the difference between career ladder and career lattice.
Answer: Career Ladder - Directly upward career progression
Career Lattice - combo of sideways and upward progression
