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Exam (elaborations)

CTPRP EXAM PACKAGE DEAL REVIEW SHEET WITH TESTED QUESTIONS AND 100 PERCENT CORRECT ANSWERS

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CTPRP EXAM PACKAGE DEAL REVIEW SHEET WITH TESTED QUESTIONS AND 100 PERCENT CORRECT ANSWERS

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CTPRP EXAM PACKAGE DEAL REVIEW
SHEET WITH TESTED QUESTIONS AND 100
PERCENT CORRECT ANSWERS

⩥ What are 5 typical items included in formal bids?.
Answer: 1. The review process for the quote/bid (including deadlines)
2. Specific services required by the agency
3. RFPs require a budget and source of funding
4. Contact names
5. A clause written into the specifications that allows the agency to reject
all bids


⩥ What are the four main financial reports that allow employees to
monitor budgets?.
Answer: 1. Income statements
2. Cash flow statements
3. Balance sheets
4. Project or program reports


⩥ Income statements.
Answer: demonstrate the profitability of the facility or cost center during
a period of time (month, quarter, fiscal year).

,Statement includes revenues, expenses, and net income


⩥ Cash-flow statements.
Answer: Depict whether cash flow is positive or negative (is money
coming in or going out?)


⩥ Balance sheets/Statements of financial position.
Answer: Assets = Liabilities + Equity
Shows what the agency owes and owns


⩥ Assets.
Answer: economic resources owned by an agency including land, cash,
and inventory


⩥ Liabilities.
Answer: What the agency owes such as bond payment, cost of
equipment or supplies purchased that month


⩥ Equity.
Answer: What the agency owns free and clear


⩥ Project/program reports.

,Answer: Outlines the financial status of a project or program once it is
complete


⩥ Break-even analysis.
Answer: Used to determine sources and amounts of revenue necessary
for various participation levels. Can determine loss, break-even point,
and contribution margins at different levels of participation and can
determine subsidization needed


⩥ How often should room counts be conducted in a busy facility?.
Answer: Hourly


⩥ Human resource management.
Answer: design of formal systems in an organization to ensure effective
and efficient use of human talent to accomplish organizational goals


⩥ True or false: The job analysis is derived from the job description.
Answer: False: Job descriptions are derived from the job analysis


⩥ What are the 4 steps to developing job descriptions?.
Answer: 1. Identify jobs under review
2. Establish a list of people involved in the job analysis process
3. Review existing documentation

, 4. Determine and implement data collection methods


⩥ During data collection, what type of information is collected for a job
description?.
Answer: Tasks to be done on the job, personal characteristics necessary
to do the task (education, special training etc)


⩥ What are the 5 job analysis methods?.
Answer: 1. Critical incidents/observations
2. Interview
3. Job performance
4. Structured questionnaires
5. Task-analysis panel


⩥ Critical incidents/observations (job analysis method).
Answer: Observe and record employee behaviors (positive and negative)
over an extended period of time


⩥ Interview (job analysis method).
Answer: collect first-hand perspectives of the tasks and responsibilities
associated with the job. Both employees performing the job and
supervisors should be interviewed to ensure all details are identified.

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