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Feel free to just type out the letters on a blank page labeled with the question numbers! I attached the test questions as a pdf below and then below this I am pasting the written portion.

Either individually or you can contact classmates to work on these questions together, answer the following questions on budgets for agencies and non-profit organizations. Answer these as if you are the CEO or Executive Director (ED) or an agency. If you click on “inbox” in the left sidebar you will be able to contact students in class and ask them if they want to work with you on this assignment. You will turn in the assignment individually even if you worked with someone. The answers are in chapter 13 of your textbook.

  1. What has your agency done about cutting costs? Which of the cost-cutting measures listed in this chapter might be considered by your organization?
  2. How useful is the concept of zero-based budgeting for fiscal management?
  3. How would you characterize your budgeting process (e.g., line item, program, incremental, zero-based)?
  4. Can you identify restricted and unrestricted funds in your agency?
  5. In your agency’s budget, which income and expenses are fixed and which are variable?
  6. How does your organization monitor current income and expenses? Are variances identified?
  7. What strategies are in place to ensure long-term financial health of your organization?
  8. What plan, if any, does your organization have for developing financial reserves?
  9. What are the various cost centers (programs) in your organization’s budget? What are their income sources?
  10. Has your agency developed cash flow projections?
  11. Are there internal controls in place to ensure that restricted funding is being appropriately spent and accurately accounted for?”

Feel free to just type out the letters on a blank page labeled with the question nu

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