M41_Mystery Review Game

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
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