SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
Oracle Vocab
Start Test
Study First
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. A method employed in the constructon and /or maintenance of projects and activities - wherby the County's own personnel are used to perform the services - instead of an outside contractor. This method may also call for the purchase or use of the Coun
Direct Cost or Direct Expense
Chart of Accounts
Force Account
Fund
2. Trust Fund and Agency Funds
Purchase Order
Capital Budget
Change Letter
Fiduciary
3. One or more funds that account for the goods and services provided by one department to another within a government on a cost-reimbursement basis. ( General Services Facilities Management - Fleet Maintenance - and Document Services ISF) will budget a
Fund
Inventory Item
Internal Service Funds
Internal Service Fund (ISF)
4. Accounts for the accumulation for and the payment of general long-term principal and interest.
Debt Service Funds
Reserve
Board of Supervisors
Asset Management
5. The compilation of proposed amendments to the CAO Proposed Operational Plan. Change Letters must be filed by the close of Public Hearing.
Grant
Capital Improvement Plan (CIP)
Change Letter
Physical Intentory
6. Is made up of six unique segments: Fund - Org - Account - Project - Funding Source and TBD
Special Revenue Fund
Direct Cost or Direct Expense
Account Segment
Indirect Cost or Indirect Expense
7. Accounts for the financingof goods and services provided by one department or agency to other departments or agency on a cost-reimbursement basis.
Internal Service Funds
Invoice
Invoise Types
Baseline
8. Use of an appropriation to purchse goods and services necessary to carry out the responsibilities of a department or organization. Expenditures are decreases in net financial resources.
Line Budget Item
Expenditures
Award
Invoice
9. General - Special Revenue Funds - Capital Project Funds - Debt Service Funds
Adopted Budget
Encumbrance Types
Capital Budget
Governmental Funds
10. Elements of cost necessary in the production of an article of the performance of a services - but an integral part of the finished product or service - such a rent - heat light - supplies - management - second-level supervision. Can refer to Departme
Internal Agreement
Org.
Indirect Cost or Indirect Expense
Raw Cost
11. Revenues are recorded when measurable and earned ( rather than when cash is received - and expenses are recognized when a good or service is used( rather thane when payment is made).
Data Warehouse
Chart of Accounts
Original Budget
Accrual Basis of Accounting
12. 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.
Indirect Cost of Expense
Baseline
Fixed Asset
Adopted Budget/Operational Plan
13. A five-year list of planned capital projects - developed by the Department of General Services.
Baseline Budget
Capital Improvement Plan (CIP)
Expensed Inventory
Internal Service Fund (ISF)
14. 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
General Purpose Revenue
Capital Assets
Invoice
Fund
15. The amount computed by dividing an aggregate balance by the number of calendar days in the related range.
Purchase Order
Average Balance
Encumbrance
Line Type
16. A method of accounting in which revenues are recorded only when cash is received and expenditures are recorded only when payment is made.
Pension and other employee benefit Trust Fund
General Fund
Depreciation
Cash Basis of Accounting
17. To approve an award budget for use in reporting and accounting.
Appropriation
Grant
Baseline
Enterprise Fund
18. The financial plan in terms of the costs of activities to be undertaken to achieve specific goals and objectives - which form a department's operational components.
Reserve
Invoice
Program Budget
Special Revenue Fund
19. An internal request for goods or services. A requisiton can originate from an employee or from another process. Each requition can include many lines - generally with a distict item on each requisition line.
Proprietary Funds
Purchase Requsition
Reserve
Release
20. 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
Enterprise Fund
Capital Improvement
Adopted Budget/Operational Plan
Enterprise Funds
21. Those expenses which can be charged directly as a part of the cost of a product or service - or of a department or operating unit - as distiquished from overhead and other indirect costs which most be prorated among several products or services - dep
Direct Expense
Encumbrance Types
Change Letter
Current Budget
22. Additional revenue that was not expected and - therefore -not budgeted - but which may legally be made available for the financing requirements of the County.
Unanticipated Revenue
Depreciate
Debt Service Funds
Special Revenu Fund
23. A budget format prescribed by the State Controller. Shows activities grouped by functional organization units - such as departments. The term line-items refers to account and sub-account detail typically provided for revenue by source ( e.g property
Debt Service
Expenditures
Line-Item Budget
Governmental Funds
24. 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).
Indirect Cost of Expense
Baseline
Capital Projects Funds
Encumbrance
25. An object of value owned by a corporation or business. Assets are entered in Oracle Projects as non-labor resources.
Enterprise Funds
Purchase Order
Asset
Debt Service
26. The most recently baselined budget version of the budget.
Raw Cost
Current Budget
Contract or Contract Purchase Agreement (CPA)
Award
27. Is a written record for goods or services provided or request for payment. A summarized list of charges and other information that is recorded in Account Receivalbe - can be printed - and can be sent to a customer to request payment or reimbursement.
Invoice
Average Balance
Release
Appropriation
28. Accounts for the purchase or construction of major facilities which are not financed by proprietary or trust funds.
Appropriation
Fund Balance
Capital Project Fund
Cost Applied
29. A payment of money or other assets from one governmental unit to another - from a governmental unit to a not-for-profit agency - or from a not-for-profit agency to a government. Often earmarked for a specific purpose or program.
Expensed Inventory
Grant
Direct Cost or Direct Expense
Raw Cost
30. It is business or individual that provides good and /or services in return for payment. Also known as a Vendor.
Service and Supplies
Supplier
Grant
General Fund
31. Additional revenue received beyond that which was budgeted and which may be made available for the financing requirements of the County.
Spending Funds
Grant
Appropriation
Overrealized Revenue
32. 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.
Fund
Cash Basis of Accounting
Line Type
Release
33. 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).
Org.
Unanticipated Revenue
Asset
Overrealized Revenue
34. Enterprise Funds - Internal Service Fund
Invoice
Encumbrance
Proprietary Funds
Reserve
35. The budget amounts for a project at the first successful Baselining of the project.
Original Budget
Estimated Revenue
Program Budget
Standard Purchase Order
36. The percentage of full time the employee should normally work in a specifi job. Is defined by the Standard Hours.
Org.
Fiduciary
Full Tim Equivalency (FTE)
Encumbrance
37. An expenditure object within the budget for all standard costs of daily operations - including such terms as office supplies - contractual services - and travel.
Service and Supplies
Estimated Revenue
Spending Funds
Chart of Accounts
38. 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.
Fiduciary Fund
Grant
Revenue
Special Revenue Fund
39. A document received from a supplier that lists amounts owed to the supplier for purchased good or services.
Capital Project
Adopted Budget
Account
Invoice
40. 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 -
Commitment
Line Budget Item
Expenditure Type
Encumbrance
41. The amount of revenue expected to accrue or to be collected during a fiscal year.
Proprietary Funds
Estimated Revenue
Invoice
Debt Service Funds
42. An accounting method is used to allocate the costs associated with an activity to the individuals - groups - or organizations benefiting from that activity. Costs are based on activites rather than accounting data.
Blanket Purchase Agreement
Estimated Revenue
Unanticipated Revenue
Activity- Based Costing (ABC)
43. A self-balancing set of accounts.
Fund
Unanticipated Revenue
Cash Basis of Accounting
Debt Service Funds
44. Is derived from taxes - licenses - fees - and investment earnings.
Revenue
Estimated Revenue
Debt Service
Governmental Funds
45. Accounts for the County's financial resources except those required to be accounted for in another fund.
Baseline
Deficit
Fund
General Fund
46. 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.
Baseline Budget
Adopted Budget
Productive Time
Deficit
47. 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
Purchase Order
Depreciation
Indirect Project
Capital Projects Funds
48. The amount of direct and indirect costs that would be reduced or eliminated if a service currently provided by County staff were to be provided by contract. These costs are typically include all direct and variable costs - as well as any portions of
Internal Service Fund (ISF)
Fixed Asset
Estimated Revenue
Avoidable Cost
49. The authorized budget for a project or task - which is used for performance reporting and revenue calculation.
Full Tim Equivalency (FTE)
Debt Service Funds
Special Revenu Fund
Baseline Budget
50. The account structure an enterprise uses to record transactions and maintain account balances.
Expenditures
Chart of Accounts
Funds
Contract or Contract Purchase Agreement (CPA)