Updated 2026/2027 Version | Verified
Answers
1. What evaluates the strengths, weaknesses, opportunities, and threats that will
affect the departments ability to accomplish its mission? - ANSWER ✅
SWOT Analysis
2. What is used to compare the department's actual performance level to its
potential performance level at both the strategic and operational levels? -
ANSWER ✅ GAP Analysis
3. Budget, Inventory, Maintenance, Activity, Personnel, Training - ANSWER
✅ Record Types
4. A request made during the project planning phase to assist a buyer in clearly
identifying product requirements, specification, and purchase options. -
ANSWER ✅ Request for Information (RFI)
5. What term requires "clearly indicates that award of a contract will not
automatically follow" - ANSWER ✅ Request for Information (RFI)
6. What allows the jurisdiction to have control over the companies that can bid,
based on responses to the prebid meetings? - ANSWER ✅ Request for
Proposal (RFP)
,7. What defines the organizations needs and allows manufacturing or their
authorized vendors to determine if they can meet bid specifications? Bid
Dates, Delivery Dates, Provisions for supplying equipment, Training dates
for maintenance - ANSWER ✅ Request for Proposal (RFP)
8. Budget Development and Management - ANSWER ✅ Plan, Prepare,
Implement, Monitor, Evaluate, Revise
9. When a trend appears that indicates that an account lacks sufficient funds to
last the remainder of the fiscal year, the chief officer will have to determine
the best option. What is the first option? - ANSWER ✅ TRANSFER
FUNDS from an underutilized account while maintaining a balanced total in
the budget.
10.How do you reduce cost within a department? - ANSWER ✅ Limit all
capital purchases, reduce operating services, reduce or eliminate overtime
pay options, eliminate positions, cease hiring, lay off members, make
personnel changes, close facilitate, eliminate preventative maintenance, seek
alternative funding
11.Is a promise to repay the principal along with interest on a specified date
when the bod reachs maturity. - ANSWER ✅ Bond
12.Established to finance and account for the acquisition, operation, and
maintenance of government facilities and services that user fees entirely or
predominately support, such as water and sewer service fees. - ANSWER ✅
Enterprise funds
,13.Taxes increased with assessed value of property and the most recent sales
price or assessed evaluations that tax assessors determine. - ANSWER ✅
Property Tax
14.Have a greater effect on low income consumers because they are regressive
form of taxation levied at municipal, county/parish and state/provincial
levels - ANSWER ✅ Sales Tax
15.this type of budget is categorized by a function or activation (also called
outcome-based budgets) and is similar to program budgets. it funds each
activity based on projected performances - ANSWER ✅ performance
budgeting
16.collected by federal government, most state/provincial governments, and
some municipal governments - ANSWER ✅ personal income tax
17.based on the assessed value of property specified as millage. - ANSWER ✅
special purpose tax levy
18.Collected for building permits, plans review, copies of reports
inspections/re-inspections, hazardous materials responses, ems responses -
ANSWER ✅ User Fees
19.Collected from contractors and developers to cover municipal costs that will
be incurred over time - ANSWER ✅ Community Impact Fees
20.6 budget considerations that departments may need to fund? - ANSWER ✅
facilities, apparatus, equipment, maintenance, personnel costs and training
, 21.this budget consideration includes all PPE, tools and operating materials that
departments use - ANSWER ✅ equipment
22.this budget consideration includes hourly pay, pension considerations and
benefits - ANSWER ✅ personnel
23.this budget consideration includes fuel, lubricants, paint, parts and repairs -
ANSWER ✅ apparatus
24.funds from which both income and principal may be expended - ANSWER
✅ Long Term Trust
25.funds that are spent in the current year for some expressed purpose -
ANSWER ✅ Short Term Trust
26.funds from which only interest income from the principal may be expended.
- ANSWER ✅ Perpetual Trusts
27.System that provides revenue to pay for services that are provided in areas
that do not have the authority to raise taxes. - ANSWER ✅ Special taxing
authorities
28.account for the benefit of another party or parties - ANSWER ✅ trust fund
29.Different cultural groups interpret what types of signals differently? -
ANSWER ✅ Nonverbal