Financial Management for
Public, Health,2025
question and answers Ch
1,2 & 3
Operating budget - ANSWERS-You want to show the monthly pattern of revenues, support and
expenses resulting in either a surplus or deficit on an accrual basis
Flexible budget - ANSWERS-You want to prepare a budget at three different sensitivity levels of
pricing to see what surplus.loss might look like at each of those different price levels
Cash budget - ANSWERS-You are interested in determining the cash inflows, cash outflows, and
ending balance of cash for each month
Performance budget - ANSWERS-You want to track the organization's performance on several
key metrics that do NOT directly relate to financial performance
Zero-based budget - ANSWERS-In order to reduce expenditures and maintain budgetary
efficiency, you create a budget where all of the last period's line items are set to zero and
justifications (ie: decision packages) must be made to fund each of the line items with the
desired amounts
Public, Health,2025
question and answers Ch
1,2 & 3
Operating budget - ANSWERS-You want to show the monthly pattern of revenues, support and
expenses resulting in either a surplus or deficit on an accrual basis
Flexible budget - ANSWERS-You want to prepare a budget at three different sensitivity levels of
pricing to see what surplus.loss might look like at each of those different price levels
Cash budget - ANSWERS-You are interested in determining the cash inflows, cash outflows, and
ending balance of cash for each month
Performance budget - ANSWERS-You want to track the organization's performance on several
key metrics that do NOT directly relate to financial performance
Zero-based budget - ANSWERS-In order to reduce expenditures and maintain budgetary
efficiency, you create a budget where all of the last period's line items are set to zero and
justifications (ie: decision packages) must be made to fund each of the line items with the
desired amounts
