CPRP Finance Exam Study Guide with Complete Solutions
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Course
Cprp
Institution
Cprp
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 ...
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.
2
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