CEFP terms with Complete Solutions | Latest
Update 2025
Involvement Continuum - ANSWER 3-phase tool to understand and
communicate roles in decision making process: Inform/ Input/ Decide
Individual Needs Analysis - ANSWER Determines type of staff development to
help employees perform work better
Participative Mgmt - ANSWER Employees at all levels of organization help to
set the goals
Performance Gap - ANSWER Difference between employee's ideal and actual
work performance
Informal mentoring/ coaching - ANSWER accepting advice
Formal mentoring/ coaching - ANSWER structured, time set, period of time to
improve performance is given
Long term debt - ANSWER Financing for permanent assets/ bonds
Short term debt - ANSWER Financing for short period/ loans
,Cash Basis Accounting - ANSWER transaction recorded only when cash comes
in and goes out
Accural Basis Accounting - ANSWER revenue and expense is recorded when
earned no matter if cash is paid in or out
Activity based mgmt - ANSWER method of identifying and evaluating activities
based costs to carry out value chain analysis to improve operations
Control Environment - ANSWER Code of conduct/ Code of Ethics for
organization
risk assessment - ANSWER identification and analysis of potential loss and
liability in key processes
Net Asset Classification - ANSWER Fund accounting - amount of total assets
minus total liabilities
chart of accounts - ANSWER A list of the accounts in the ledger.
liabilities - ANSWER debts that you owe
assets - ANSWER money and other valuables belonging to an individual or
business
debits - ANSWER Negative account changes. Left side of ledger
,credits - ANSWER Positive account changes. Right (middle) side of ledger
mission funding - ANSWER funding provided at beginning of fiscal year in
specific amount for specific purchase
speciality team - ANSWER team created to address specific problem or issue
across organization boundaries
organizational team - ANSWER team that keeps existing organization structure
intact
Improvement Cycles - ANSWER improvement made to overall organization
and its products/services within organization
organizational culture - ANSWER the set of values, ideas, attitudes, and norms
of behavior that is learned and shared among the members of an organization
Balanced Scorecard (BSC) - ANSWER A goal-setting and reward system that
translates the organization's vision and mission into specific, measurable
performance goals related to financial, customer, internal, and learning/growth
(i.e., human capital) processes.
Values - ANSWER the ideas, beliefs, and attitudes about what is important that
help guide an organization
, SWOT analysis - ANSWER a planning tool used to analyze an organization's
strengths, weaknesses, opportunities, and threats
vision - ANSWER an encompassing explanation of why the organization exists
and where it's trying to head
Ethical code of conduct - ANSWER a document detailing a company's rules and
guidelines on staff behavior that must be followed by all employees
Lean production - ANSWER an approach to production that emphasizes the
elimination of waste in all aspects of production processes
Kaizen - ANSWER Japanese term for continuous improvement
Facilities Management Evaluation Program FMEP - ANSWER criteria to help
organization with comprehensive and integrated approach to performance mgmt
Facilities Performance Indicators FPI - ANSWER Collection of indicators to get
baseline of performance evaluation KPI
Benchmarking - ANSWER a process by which a company compares its
performance with that of high-performing organizations
Multivoting -Pareto - ANSWER Narrows a large list of possibilities to a smaller
list of the top priorities or to a final selection
Update 2025
Involvement Continuum - ANSWER 3-phase tool to understand and
communicate roles in decision making process: Inform/ Input/ Decide
Individual Needs Analysis - ANSWER Determines type of staff development to
help employees perform work better
Participative Mgmt - ANSWER Employees at all levels of organization help to
set the goals
Performance Gap - ANSWER Difference between employee's ideal and actual
work performance
Informal mentoring/ coaching - ANSWER accepting advice
Formal mentoring/ coaching - ANSWER structured, time set, period of time to
improve performance is given
Long term debt - ANSWER Financing for permanent assets/ bonds
Short term debt - ANSWER Financing for short period/ loans
,Cash Basis Accounting - ANSWER transaction recorded only when cash comes
in and goes out
Accural Basis Accounting - ANSWER revenue and expense is recorded when
earned no matter if cash is paid in or out
Activity based mgmt - ANSWER method of identifying and evaluating activities
based costs to carry out value chain analysis to improve operations
Control Environment - ANSWER Code of conduct/ Code of Ethics for
organization
risk assessment - ANSWER identification and analysis of potential loss and
liability in key processes
Net Asset Classification - ANSWER Fund accounting - amount of total assets
minus total liabilities
chart of accounts - ANSWER A list of the accounts in the ledger.
liabilities - ANSWER debts that you owe
assets - ANSWER money and other valuables belonging to an individual or
business
debits - ANSWER Negative account changes. Left side of ledger
,credits - ANSWER Positive account changes. Right (middle) side of ledger
mission funding - ANSWER funding provided at beginning of fiscal year in
specific amount for specific purchase
speciality team - ANSWER team created to address specific problem or issue
across organization boundaries
organizational team - ANSWER team that keeps existing organization structure
intact
Improvement Cycles - ANSWER improvement made to overall organization
and its products/services within organization
organizational culture - ANSWER the set of values, ideas, attitudes, and norms
of behavior that is learned and shared among the members of an organization
Balanced Scorecard (BSC) - ANSWER A goal-setting and reward system that
translates the organization's vision and mission into specific, measurable
performance goals related to financial, customer, internal, and learning/growth
(i.e., human capital) processes.
Values - ANSWER the ideas, beliefs, and attitudes about what is important that
help guide an organization
, SWOT analysis - ANSWER a planning tool used to analyze an organization's
strengths, weaknesses, opportunities, and threats
vision - ANSWER an encompassing explanation of why the organization exists
and where it's trying to head
Ethical code of conduct - ANSWER a document detailing a company's rules and
guidelines on staff behavior that must be followed by all employees
Lean production - ANSWER an approach to production that emphasizes the
elimination of waste in all aspects of production processes
Kaizen - ANSWER Japanese term for continuous improvement
Facilities Management Evaluation Program FMEP - ANSWER criteria to help
organization with comprehensive and integrated approach to performance mgmt
Facilities Performance Indicators FPI - ANSWER Collection of indicators to get
baseline of performance evaluation KPI
Benchmarking - ANSWER a process by which a company compares its
performance with that of high-performing organizations
Multivoting -Pareto - ANSWER Narrows a large list of possibilities to a smaller
list of the top priorities or to a final selection
