Week 3 Vocab Review Quiz

What is the role of a Board of Commissioners?

• To manage a city's budget

• To adopt ordinances and oversee daily operations of a county's government

• To run day-to-day operations for the city

• To serve a special function for the state or community

Who is responsible for running the day-to-day operations for a city?

• Board of Commissioners

• City Manager

• Special Purpose Districts

• Strong Mayor Government

What are Special Purpose Districts created for?

• To manage a city's budget

• To serve a special function for the state or community

• To oversee daily operations of a county's government

• To run day-to-day operations for the city

In a Strong Mayor Government, who acts as the city's chief executive officer?

• City Manager

• Board of Commissioners

• The Mayor

• Special Purpose Districts

What is a Municipality?

• A form of city government

• A city or town

• A plan for spending

• An amount of money borrowed

Who is an Entrepreneur?

• A person who adopts ordinances

• A person who organizes and operates a business

• A person who manages a city's budget

• A person who oversees daily operations of a county's government

What is Profit?

• A plan for spending

• An amount of money borrowed

• The amount of money earned after expenses

• Setting aside income for future use

What does a Budget represent?

• A plan for spending

• An amount of money borrowed

• Setting aside income for future use

• Money received for services

What is Income?

• Money borrowed by one party from another

• Money received for labor or services

• Setting aside income for future use

• A plan for spending

What is Debt?

• Money received for labor or services

• Setting aside income for future use

• An amount of money borrowed by one party from another

• A plan for spending