Test your basic knowledge |

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. Trust Fund and Agency Funds






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






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






5. The compilation of proposed amendments to the CAO Proposed Operational Plan. Change Letters must be filed by the close of Public Hearing.






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






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






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.






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






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).






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.






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






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






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






16. A method of accounting in which revenues are recorded only when cash is received and expenditures are recorded only when payment is made.






17. To approve an award budget for use in reporting and accounting.






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.






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.






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






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






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.






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






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).






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






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






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.






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






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.






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






31. Additional revenue received beyond that which was budgeted and which may be made available for the financing requirements of the County.






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.






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).






34. Enterprise Funds - Internal Service Fund






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






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






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






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.






39. A document received from a supplier that lists amounts owed to the supplier for purchased good or services.






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 -






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






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.






43. A self-balancing set of accounts.






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






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






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






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






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






50. The account structure an enterprise uses to record transactions and maintain account balances.