WGU D023 SCHOOL FINANCIAL
LEADERSHIP ACTUAL TEST PAPER
COMPLETE QUESTIONS AND ANSWERS
FULL SOLUTION
●● True or False
Charter schools are funded by public schools, through public dollars,
like a public school.
Answer: False
Charter schools are funded in a variety of means depending upon the
state they are located in, how they are chartered, and how they are
managed. Funding sources for charter schools may include, but are not
limited to, public dollars through district support, grants, loans,
donations, tuition, or federal funding.
●● Magnet Schools
Answer: Public schools that focus on particular disciplines or areas, such
as fine arts or science
●● open enrollment in schools
Answer: This option allows parents to send their children to a public
school within their school district. Interdistrict open enrollment allows
parents to send their children to a public school of their choice in
surrounding school districts.
,●● education vouchers
Answer: Also known as school vouchers, they are government
educational funds that are given directly to public school students (vs. to
the school, school district, or larger administrative body) so that students
using these vouchers may attend the schools of their choice, public or
private, instead of the public school for which they are zoned.
●● True or False
Vouchers are payments made to parents, or an institution on a parent's
behalf, to pay for a child's educational expenses, usually a private or
parochial school. These payments are made to parents exclusively
through public tax dollars.
Answer: False
Voucher payments are payments made to parents, or an institution on a
parent's behalf, to pay for a child's educational expenses in schools other
than public schools. However, these payments can come through both
public and private sources. Advocates of vouchers support school
choice.
●● tax credits in school choice
Answer: Parents are allowed a tax credit to offset some expenses
incurred by sending their child to a private school. Other tax credits and
deductions allow individuals and corporations to redirect tax dollars to
scholarship-granting organizations, which in turn redistribute these
contributions to students in the form of private school scholarships.
, ●● What are nontraditional sources of funding?
Answer: 1. fees and user charges (school lunch, textbook rentals,
transportation passes)
2.gaming revenues
3. private resources (grants, gifts, donations)
4. changing public school structure (charter)
5. tax expenditures
●● What is a grant?
Answer: -term for various types of funding
-can be from agencies, foundations, or non-profit
●● Cost reimbursement grants
Answer: -Most common
-Requires the NPO (non profit organization) to spend the money in order
to receive the funds from grantor
-Often contain detailed budget
-One problem is that you have to spend the money before you can get
reimbursed
-subject to audit
●● fixed price grant
LEADERSHIP ACTUAL TEST PAPER
COMPLETE QUESTIONS AND ANSWERS
FULL SOLUTION
●● True or False
Charter schools are funded by public schools, through public dollars,
like a public school.
Answer: False
Charter schools are funded in a variety of means depending upon the
state they are located in, how they are chartered, and how they are
managed. Funding sources for charter schools may include, but are not
limited to, public dollars through district support, grants, loans,
donations, tuition, or federal funding.
●● Magnet Schools
Answer: Public schools that focus on particular disciplines or areas, such
as fine arts or science
●● open enrollment in schools
Answer: This option allows parents to send their children to a public
school within their school district. Interdistrict open enrollment allows
parents to send their children to a public school of their choice in
surrounding school districts.
,●● education vouchers
Answer: Also known as school vouchers, they are government
educational funds that are given directly to public school students (vs. to
the school, school district, or larger administrative body) so that students
using these vouchers may attend the schools of their choice, public or
private, instead of the public school for which they are zoned.
●● True or False
Vouchers are payments made to parents, or an institution on a parent's
behalf, to pay for a child's educational expenses, usually a private or
parochial school. These payments are made to parents exclusively
through public tax dollars.
Answer: False
Voucher payments are payments made to parents, or an institution on a
parent's behalf, to pay for a child's educational expenses in schools other
than public schools. However, these payments can come through both
public and private sources. Advocates of vouchers support school
choice.
●● tax credits in school choice
Answer: Parents are allowed a tax credit to offset some expenses
incurred by sending their child to a private school. Other tax credits and
deductions allow individuals and corporations to redirect tax dollars to
scholarship-granting organizations, which in turn redistribute these
contributions to students in the form of private school scholarships.
, ●● What are nontraditional sources of funding?
Answer: 1. fees and user charges (school lunch, textbook rentals,
transportation passes)
2.gaming revenues
3. private resources (grants, gifts, donations)
4. changing public school structure (charter)
5. tax expenditures
●● What is a grant?
Answer: -term for various types of funding
-can be from agencies, foundations, or non-profit
●● Cost reimbursement grants
Answer: -Most common
-Requires the NPO (non profit organization) to spend the money in order
to receive the funds from grantor
-Often contain detailed budget
-One problem is that you have to spend the money before you can get
reimbursed
-subject to audit
●● fixed price grant
