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CPRP Finance Exam Study Guide with Complete Solutions $11.49   Add to cart

Exam (elaborations)

CPRP Finance Exam Study Guide with Complete Solutions

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CPRP Finance Exam Study Guide with Complete Solutions Income Statement - Answer️️ -Which financial statement shows the total revenues and expenditures for the month, quarter, or fiscal year? Income Statement - Answer️️ -Its purpose is to demonstrate profitability of the agency or cost ...

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  • August 29, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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©SOPHIABENNETT@2024-2025 Monday, August 26, 2024 6:09 AM




CPRP Finance Exam Study Guide with
Complete Solutions

Income Statement - Answer✔️✔️-Which financial statement shows the total
revenues and expenditures for the month, quarter, or fiscal year?

Income Statement - Answer✔️✔️-Its purpose is to demonstrate profitability
of the agency or cost center

Excise Tax - Answer✔️✔️-Hotel-motel taxes, rental car taxes, and "sin" taxes
are considered what type of tax?

A $10 replacement basketball net - Answer✔️✔️-Which of the following
purchases is most likely to be made with petty cash?

Budget Object - Answer✔️✔️-In the following example what is "salaries,
regular":

1100 Salaries, regular

01 Administration

02 Recreation

03 Golf

04 Operations




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, ©SOPHIABENNETT@2024-2025 Monday, August 26, 2024 6:09 AM



1000 - Answer✔️✔️-Tax rates are sometimes expressed in mills. How many
mills is $1?

Blanket Purchase Order - Answer✔️✔️-The maintenance foreman in charge
of plumbing regularly purchases plumbing supplies at the local hardware
store. These purchases are made at least three days per week. What is the
best way to purchase items in this situation?

Budget Classification - Answer✔️✔️-In the following example, what is
"1,000: Services: Personnel" considered?

1000: Services: Personnel

1100 Salaries, regular

01 Administration

02 Recreation

03 Golf

04 Operations

Daily - Answer✔️✔️-Room counts should be conducted how often in a busy
facility?

Balance Sheet - Answer✔️✔️-Which financial statement depicts assets,
liabilities and equity? It is a summary of what the agency owes and what it
owns outright.




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