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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. 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






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






3. An initial building of the budget using a base year usually the second of the prior year's Operational Plan) for non salary related accounts and recalculated salary and benefits costs based on current positions loaded into BRASS from PeopleSoft.






4. A fund used to account for assets held by a government in a trustee capacity for individuals - private organizations - other governments and/or other funds.






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






6. Accounts for the provision of supplies and / or tangible services to public that is similar to services provided by business enterprises.






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






8. An excess of liabilites over assets - of losses over profits - or of expenditures over revenue.






9. It is business or individual that provides good and /or services in return for payment. Also known as a Vendor.






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






11. Units of work that can be broken down into one or more task to capture and related revenue.






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






13. 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






14. A fund used to account for the proceeds of specific revenue sources that are legally restricted to expendiutres for a specified purpose.






15. An itemized statement of money owed for goods shipped or services rendered






16. The major fund in most government unit - the General Fund accounts for all activities not accounted for in other funds. Most functions such as Public Safety or Health Services and Human Resources are accounted for in the General Fund.






17. Annual pricipal and interest payments that a local government of fund owes on money that is has borrowed.






18. 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.






19. The Board of Supervisors approved an annual spending plan for proprietary funds. The adopted expense estimates are not appropriations - their budgetary controls are the same as those of governments funds.






20. 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.






21. Those elements of cost necessary in the production of an article or the performance of a service but no an integral part of the finished product or service - such as rent - heat - light - supplies - management - supervision - etc.






22. Accounts for the purchase or construction of major facilities which are not financed by proprietary or trust funds.






23. The percentage of full time the employee should normally work in a specifi job. Is defined by the Standard Hours.






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






25. Assets - which are intended to be held or used for an extended periof of time - such as land - buildings - structures - machinery - furniture - and other equipment. Any piece of equipment costing $5 -000 or more must be purchased as a fixed asset.






26. Annual principal and interest payments that local government owes on borrowed money.






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






28. 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






29. An object of value owned by a corporation or business. Assets are entered in Oracle Projects as non-labor resources.






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






31. 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






32. 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






33. Determines whether a purchasing document line is for goods - services - freight - Amend A&C - etc.






34. A type of Purchase Order that is issued to specify agreed-to prices - delivery periods or other terms for goods or services that will be ordered ( released) for actual delivery later. A BPA is normally issued to cover a long-term agreement period suc






35. The estimated cost amounts at completion of a project. Cost budget amounts can be summary or detail - and ca be burdened or unburdened.






36. The budget amounts for a project at the first successful Baselining of the project.






37. 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






38. Funds that account for resources that government hold in trust for individuals or other governments. Examples include the Community Services Trust Fund for Developer deposit and School District Funds tha are included in the County Investment Pool.






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






40. An Inventory carried on accounting records as an asset whose stock items are valued at their unit cost times their quantity on hand - and the stock value is not expensed to a final user account until the material is issued to that user.






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






42. Non-Capital Project. Non productive time as a type of indirect project to track paid time off. Printing - mails - purchasing - contracting - fleet - facilities. and admin projects ( overhead - training - travel - etc ).






43. The transfer of costs of services performed by one budget unit for the benefit of another budget unit within the same fund.






44. 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 -






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






46. Costs that are directly attributalbe to work performed -also referred to as Direct Costs.






47. 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






48. A spending plan for improvements to or acquisition of land - facilities - and infrastructure. The capital budget balances revenues and expenditures - specifies the sources of revenues - and lists each project or acquisition.






49. 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






50. The authorized budget for a project or task - which is used for performance reporting and revenue calculation.