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Oracle Vocab

Subjects : oracle, it-skills
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. The version of the Operations Plan that is formally approved and implemented by the Board of Supervisors after the proposed Operational Plan has gone through a process of Change Letters - public hearing - and deliberations.






2. Budget authority that is set aside when a purchase order or contract is approved. A limitation - reserve or obligations placed on a budget appropriation to pay for good or services that have been ordered by means of contracts - purchase orders - IA -






3. Funds estalished to account for the accumulaton of resources for - and for the payment of - principal and interest on general long-term debt.






4. The operational distribution of General Purpose Revenues to various County departments and programs through the Agency/Groups and subject to Board approval.






5. A five-year list of planned capital projects - developed by the Department of General Services.






6. General - Special Revenue Funds - Capital Project Funds - Debt Service Funds






7. A large database containing data summarized from one or more transactional systems - optimized to support the analysis needs of the enterprise.






8. Enterprise Funds - Internal Service Fund






9. An appropriation used for goods and services ordered and received - whether paid or unpaid - including provisions for debt retirement and capital outlays. Encumbrances do not become expenditures until they are paid.






10. Accounts for the financingof goods and services provided by one department or agency to other departments or agency on a cost-reimbursement basis.






11. A legal authorization to make expenditures or to enter into obligations for specific purposes. An appropriation is usually limited in amount for each department or fund of the County and as to the time when it may be expended - normally only during t






12. Fund is an independent fiscla and accounting entity.






13. A standard procurement document issued for delivery of specified goods or services on specified dates at specified locations. A PO is normally a one-time transaction.






14. A special fund created to provide centralized budgeting for the accumulation and expenditures of funds for the capital needs of the County.






15. Expenditures related to the acquisition - expansion - or rehabilitatin of major fixed assets - such as land - buildings - structures - and certain types of equipment; remodeling/upgrades which improve or enhance the use of an existing facility or spa






16. Accounts for assets held by government in a trustee capacity for public employement retirement systems.






17. When the PO is created from the Requisiton in Purchasing. This action then relieves the Commitment encumbrance that was created by the Requsition and creates an Obligation.






18. One of two classes of projects to be used by the County. Capital projects capture costs ( including depreciation) and revenue associated with the construction or acquisition of infrastructure ( i.e. road improvements bridges - etc) - buildings - othe






19. Funds ensure that available resources are controlled and spent in accordance with organizational spending - service delivery decision and finance- related legar and contractual provisions.






20. Classificaiton used to account for a government's ongoing organizatons and activities that are similar to those often found in the private sector -






21. The additional to cash or other current assets of governmental funds( receipts) which do not increase any liability or reserve and do not represent the recovery of an expenditure from services to others ( reimbursements).






22. With separate revenue - expenditures - and fund balances. A legal independet fiscal and accounting entity - to record its cash and other resources and equties - assets - liabilities - reserves and surplus ( fund balance) as well as its income and exp






23. Is derived from taxes - licenses - fees - and investment earnings.






24. A unit with budgetary control and/or management responsibilities for financial transactions. Represents the 'cost center'qualifier segment required in Oracle and is at the trasactional level of input( child).






25. Locally generated revenues derived from property taxes - sales taxes - vehicle license fees - court fines and fund balances. Affected by local economic conditions.






26. A promise to repay borrowed money on a particular date - often ten or twenty years in the future; most bonds involve a promise to pay a specified dollar amount of interest at predetermined intervals. Bonds are a mechanism used to obtain long-term fin






27. The amount of revenue expected to accrue or to be collected during a fiscal year.






28. An account that contains money set aside for a legaly restricted specifi future use.






29. Appropriations and estimated revenue or an annual spending plan that is adopted by the Board of Supervisors( or the Board acting as the Board of Directors) pursuant to the Goverment Code - which balances revenues and expenditures.






30. Accounts for the County's financial resources except those required to be accounted for in another fund.






31. Governmental funds established to accont for financial resources used for the acqusition or construction of major capital facilities ( other than those accounted for in proprietary funds).






32. The spread of an assets cost over the time period it is used.






33. Accounts for the proceeds of specific revenue sources ( except pension trust and major capital projects) that are legally restricted to expenditures for specific purposes.






34. Is made up of six unique segments: Fund - Org - Account - Project - Funding Source and TBD






35. The amount computed by dividing an aggregate balance by the number of calendar days in the related range.






36. An Actual order(sub-order) of goods and services issued against a Blanket Purchase Agreement (BPA) for actual delivery with specified quantities - dates and the accounting information.






37. An accounting device established to control receipts and disbursements set aside to support specific activities.






38. A separate financial reporting unit fo budgeting - management - or accounting purposes. All budgetary transactions are recorded in accounts






39. The of the cost of a fixed asset - other than a wasting asset - charged as an expense during a particular period. The cost of a fixed asses less any salvage value is prorated over the estimated service life of such an asset - and each period is charg






40. An expenditure object within the budget for all standard costs of daily operations - including such terms as office supplies - contractual services - and travel.






41. The types of invoices- Standard - Credit memo - Debit memo - Expense Report - Prepayment - Mixed.






42. A non-asset inventory that has already been expensed to a final use account and is thus carried and tracked as a on hand balance only - with an accounting value of zero.






43. Items stocked in an inventory and controlled by tracking the quantity and value of each item. Typically - each item is considered an 'asset' until it is issued or adjusted ( expensed) out of the inventory. The value of the item is equal to the curren






44. Trust Fund and Agency Funds






45. Contributions or gifts of cash or other assets from another government or agency to be used or expended for a specified purpose - activity or facility.






46. Accounts for the accumulation for and the payment of general long-term principal and interest.






47. The most recently baselined budget version of the budget.






48. Are established by the Board of Supervisors and include Airports - Wastewater Management and Transit Enterprise Funds - County Sanitation Districts and various Internal Service Funds ( General Services Fleet Maintenance - Facilities Management and Do






49. Land - improvements to land - buildings - building improvements - vehicles - machinery - equipment - works of art and historical treasures - infrastructure - and all other tangible or intangible assets that are used in operations and that have initia






50. A grant - subsidy - revenue agreement - revenue contract - or specific funding which is allocated to an organization for a specific purpose(s) and can be used to fund one or more projects - An award is usually billed or invoiced to a Customer ( i.e.