What is the name of the LSC SharePoint site where you can find current forms and documents related to budget and other topics of interest?

• OneDrive

• Employee Intranet

• www.lonestar.edu

• Microsoft 365

What is the most current and accurate platform to check your budget? 

• Commitment Control

• Budget Overview

• EPM

• Node

Contingency requests and operational budget requests should be made at the same time during budget presentations.

• True

• False

 Justifications of your proposed budget are meant to be:

• One word

• Brief and an overview of your request

• Detailed to show that your department has a well thought out plan tied to departmental goals for the requested money

• Boring

My Adjusted Budget is the Final Budget plus any adjustments made after the Final Budget was approved.

• True

• False

Each Department has only one Cost Element

• True

• False

How frequently does EPM update?

• Every hour

• Constantly (up to the minute)

• Weekly

• Overnight (once a day)

What determines the 4-digit account code that a stipend should be budgeted in when you enter an online stipend request?

How frequently does commitment control update?

• Overnight (once a day)

• Constantly (up to the minute)

• Every hour

• Daily @ 10am

Only New Fund requests must be justified in a budget proposal.

• True

• False