M41_Mystery Review Game

M41_Mystery Review Game

Assessment

Flashcard

Professional Development

Professional Development

Hard

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8 questions

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1.

FLASHCARD QUESTION

Front

Budget is allocated for the E&G budget each year. It is allocated every _______ and must be used by _______.

Back

July 1st, June 30th

2.

FLASHCARD QUESTION

Front

Will Tuition Fund balances carry forward to the next fiscal year?

Back

no

3.

FLASHCARD QUESTION

Front

These funds allow industries to help sustain research and teaching outside Sponsored Programs

Back

Industrial Affiliate Funds

4.

FLASHCARD QUESTION

Front

Unspent balances in Overhead funds carry over automatically at year end. (True/False)

Back

True

5.

FLASHCARD QUESTION

Front

Auxiliary fees, plans, budgets, and other operational procedures are reviewed and approved annually by the

Back

Chief Financial Officer

6.

FLASHCARD QUESTION

Front

What type of fund is created in order to meet the requirements set in the onset of a sponsored project that VT will spend its own money on the project?

Back

Cost-Share Fund

7.

FLASHCARD QUESTION

Front

What funds are created using unspent money left over at the end of a fixed cost sponsored contract?

Back

Various Fund

8.

FLASHCARD QUESTION

Front

This document allocates the university's external budget (resources) to senior management level divisions and central fixed cost

Back

Internal budget