CPRP – Finance Exam Study Guide
Attendance figures - Answer️️ -data to know how many people use
programs and facilities
Room counts - Answer️️ -data to show facility use patterns (daily to
hourly)
Cash reports - Answer️️ -data to reveal how many people come to the
facility, how ...
Attendance figures - Answer✔️✔️-data to know how many people use
programs and facilities
Room counts - Answer✔️✔️-data to show facility use patterns (daily to
hourly)
Cash reports - Answer✔️✔️-data to reveal how many people come to the
facility, how much admission they are paying, etc.
Maintenance reports - Answer✔️✔️-detail work requests that were
completed, those pending, and those scheduled to be completed
Purchase order - Answer✔️✔️-an agreement that the agency will pay for
goods and services ordered
Blanket purchase order - Answer✔️✔️-those used to consolidate small,
continuous purchases
Standard purchase order - Answer✔️✔️-issued for one-time delivery for a
specific good or service
P-card - Answer✔️✔️-works like a personal credit card; can be designated
for a specific account so that it may only be used at a particular business;
must be paid in full each month
Credit card - Answer✔️✔️-similar to a P-card but statement has less detail
and requires reconciliation of each bill; can carry over a balance
Petty cash - Answer✔️✔️-actual cash kept on hand for small purchases that
do not warrant a purchase order; designed for small, quick purchases that
are most efficiently made using cash
Purchasing process - Answer✔️✔️-1. request a purchasing requisition
2. obtain quotes
3. determine the means of purchasing
4. make the purchase and receive the goods
5. submit the receipt to the purchasing department/accounting department
Grants - Answer✔️✔️-come from state and federal government as well as
private foundations; exist for a limited time period and funding from state,
federal, or private foundations will ultimately be terminated
Matching-fund grant - Answer✔️✔️-granting agency will give money if the
agency can match the grant dollar for dollar
3 Steps to Obtain a Grant - Answer✔️✔️-1. planning the project
2. searching for funding opportunities
3. writing and submitting the grant proposal
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