Chapter 14 Fire Officer II Flashcards
Which situation BEST describes when a budget line item should include a budgetary-need summary and relevant background research?
If it contains an unusual request
Which of the following BEST describes written policies and procedures that outline expectations based on the organizational model and strategic plans?
Standard Operating Guidelines
What is the proper way to state purchasing needs that were determined during the budgeting process?
In general terms
What must officers do to justify budgetary requests?
Offer strong evidence
When should policies and procedures be evaluated for effectiveness?
Continually
When conducting a funding needs determination, company officers must provide:
An accurate estimation of division and/or project cycle costs
To develop an agency budget, a company officer must be familiar with the agency’s budgetary systems and should:
Include justifications for line items in budget requests
In their role as supervisors, company officers may be responsible for _____ for their divisions or projects
Formulating budget needs
Who do officers contact to purchase needed resources for the budget items?
Available vendors
If there are multiple vendors available for a budget line item, the Company Officer II should order:
The most suitable product at the best price
Which of the following actions should be performed when the time comes to purchase items in the budget?
Determine the amount of funds available
Greater justification and outside funding courses may be required in making _____ like those found in capital budgets.
Large one-time purchases
Budget intended to fund the day-to-day operations of the department or agency; usually includes salaries, benefits, utilities, fuel, etc.
Operating budget
Budget intended to fund large, on-time expenditures, such as those for fire stations, fire apparatus, or major pieces of equipment
Capital budget
What may an agency ask its officers to do when policy requires officers to compare the prepared budget to the previous years budget?
Determine operational needs based on a fixed amount of money