CERTIFIED PROTECTION PROFESSIONAL 2026
COMPREHENSIVE EXAM QUESTIONS AND
CORRECT ANSWERS
◉ BUDGETING AND PLANNING
-Budgeting approaches can be bottom up and top down or top down
and bottom up.
-_______________________ is PREFERRED by some because senior
management initiates the process by establishing acceptable
expenditure limits and guidelines prior to detailed planning by
middle or operating management Answer: BUDGETING AND
PLANNING
-Budgeting approaches can be bottom up and top down or top down
and bottom up.
-TOP DOWN AND BOTTOM UP is _____________ by some because senior
management initiates the process by establishing acceptable
expenditure limits and guidelines prior to detailed planning by
middle or operating management
◉ BUDGETING AND PLANNING
-_____________ budgets - each item is listed by separate line
,-PROGRAM budgets - funds are allocated by specific activity
-__________ budgets - used for infrequently purchased high dollar
items Answer: BUDGETING AND PLANNING
-LINE ITEM budgets - each item is listed by separate line
-___________ budgets - funds are allocated by specific activity
-CAPITAL budgets - used for infrequently purchased high dollar
items
◉ BUDGETING AND PLANNING
Budget costs are classified under one of three categories:
1. ________ expenses -
2. SUNDRY expenses - all ongoing non-salary expenses
3. ________ expenses - for physical improvements, physical additions
or major expenditures for hardware. Generally considered one time
expenses Answer: BUDGETING AND PLANNING
Budget costs are classified under one of three categories:
1. SALARY expenses -
2. __________ expenses - all ongoing non-salary expenses
3. CAPITAL expenses - for physical improvements, physical additions
or major expenditures for hardware. Generally considered one time
expenses
◉ BUDGETING AND PLANNING
,-A budget is also an instrument which records work programs in
terms of appropriations needed to put them to work.
-It is also a management tool which is devised to ensure that work
programs are carried out as planned Answer: BUDGETING AND
PLANNING
-A budget is also an instrument which records work programs in
terms of appropriations needed to put them to work.
-It is also a management tool which is devised to ensure that work
programs are carried out as planned
◉ BUDGETING AND PLANNING
Carry budget out in three dimensions:
-The operation/project must _________________
-The operation/project must ___________________
-It will not exceed the planned _______. Answer: BUDGETING AND
PLANNING
Carry budget out in three dimensions:
-The operation/project must UNFOLD AS PLANNED
-The operation/project must TAKE PLACE WHEN PLANNED
-It will not exceed the planned COSTS.
◉ BUDGETING AND PLANNING
Budgets are NORMALLY prepared __________ or __________ Answer:
BUDGETING AND PLANNING
, Budgets are _____________ prepared ANNUALLY or BIANNUALLY
◉ ____________ is an activity concerned with proposals for the future,
an evaluation of those proposals, and methods for achieving the
proposals Answer: PLANNING is an activity concerned with
proposals for the future, an evaluation of those proposals, and
methods for achieving the proposals
◉ _____________ is the activity which plans, organizes and controls
activities in an organization Answer: MANAGEMENT is the activity
which plans, organizes and controls activities in an organization
◉ _______________________ (MBO) is a systematic way of achieving
agreed to goals set ahead of time. Answer: MANAGEMENT BY
OBJECTIVE (MBO) is a systematic way of achieving agreed to goals
set ahead of time.
◉ ___________________ is the possibility and probability of a risk
resulting in loss depends on the risk itself and the preventative
measures taken.
Defining the problem
-Loss event PROFILE
-Loss event PROBABILITY
COMPREHENSIVE EXAM QUESTIONS AND
CORRECT ANSWERS
◉ BUDGETING AND PLANNING
-Budgeting approaches can be bottom up and top down or top down
and bottom up.
-_______________________ is PREFERRED by some because senior
management initiates the process by establishing acceptable
expenditure limits and guidelines prior to detailed planning by
middle or operating management Answer: BUDGETING AND
PLANNING
-Budgeting approaches can be bottom up and top down or top down
and bottom up.
-TOP DOWN AND BOTTOM UP is _____________ by some because senior
management initiates the process by establishing acceptable
expenditure limits and guidelines prior to detailed planning by
middle or operating management
◉ BUDGETING AND PLANNING
-_____________ budgets - each item is listed by separate line
,-PROGRAM budgets - funds are allocated by specific activity
-__________ budgets - used for infrequently purchased high dollar
items Answer: BUDGETING AND PLANNING
-LINE ITEM budgets - each item is listed by separate line
-___________ budgets - funds are allocated by specific activity
-CAPITAL budgets - used for infrequently purchased high dollar
items
◉ BUDGETING AND PLANNING
Budget costs are classified under one of three categories:
1. ________ expenses -
2. SUNDRY expenses - all ongoing non-salary expenses
3. ________ expenses - for physical improvements, physical additions
or major expenditures for hardware. Generally considered one time
expenses Answer: BUDGETING AND PLANNING
Budget costs are classified under one of three categories:
1. SALARY expenses -
2. __________ expenses - all ongoing non-salary expenses
3. CAPITAL expenses - for physical improvements, physical additions
or major expenditures for hardware. Generally considered one time
expenses
◉ BUDGETING AND PLANNING
,-A budget is also an instrument which records work programs in
terms of appropriations needed to put them to work.
-It is also a management tool which is devised to ensure that work
programs are carried out as planned Answer: BUDGETING AND
PLANNING
-A budget is also an instrument which records work programs in
terms of appropriations needed to put them to work.
-It is also a management tool which is devised to ensure that work
programs are carried out as planned
◉ BUDGETING AND PLANNING
Carry budget out in three dimensions:
-The operation/project must _________________
-The operation/project must ___________________
-It will not exceed the planned _______. Answer: BUDGETING AND
PLANNING
Carry budget out in three dimensions:
-The operation/project must UNFOLD AS PLANNED
-The operation/project must TAKE PLACE WHEN PLANNED
-It will not exceed the planned COSTS.
◉ BUDGETING AND PLANNING
Budgets are NORMALLY prepared __________ or __________ Answer:
BUDGETING AND PLANNING
, Budgets are _____________ prepared ANNUALLY or BIANNUALLY
◉ ____________ is an activity concerned with proposals for the future,
an evaluation of those proposals, and methods for achieving the
proposals Answer: PLANNING is an activity concerned with
proposals for the future, an evaluation of those proposals, and
methods for achieving the proposals
◉ _____________ is the activity which plans, organizes and controls
activities in an organization Answer: MANAGEMENT is the activity
which plans, organizes and controls activities in an organization
◉ _______________________ (MBO) is a systematic way of achieving
agreed to goals set ahead of time. Answer: MANAGEMENT BY
OBJECTIVE (MBO) is a systematic way of achieving agreed to goals
set ahead of time.
◉ ___________________ is the possibility and probability of a risk
resulting in loss depends on the risk itself and the preventative
measures taken.
Defining the problem
-Loss event PROFILE
-Loss event PROBABILITY
