WorksheetsACT106 Financial Coding
Total questions: 44
Worksheet time: 18mins
What does the acronym FASRG stand for in Texas School Finance?
Finance Accounting System Real Good
Financial Accountability System Resource Guide
Financial Account Sure Reality Guide
None of the above.
A school district is required by state law to:
Use the uniform account codes set forth in FASRG
Have a standard school fiscal accounting system
Have an annual independent audit
Report data to TSDS PEIMS
All responses are correct
What is the purpose of the TSDS PEIMS?
To collect data about public education
To create performance reports
To evaluate legislation
To calculate compliance with required spending
All responses are correct
How many total digits are there available in the TEA account code?
15
25
30
20
In the FASRG, what does the R indicate when shown to the left of the account code elements?
A real code
A rare code
A required code for reporting purposes
None of the above
School districts should establish and maintain only the ____ number of funds as required by law and sound financial administration, as opposed to a set required number or many unnecessary funds.
Minimum
Maximum
How many digits of the account code are required for PEIMS reporting?
15
25
30
20
For public school districts, what is the fund number of the general fund?
313
410
199
210
The function code is a two-digit code that determines the ____.
Intent of the program
Purpose of the transaction
What function is used for staff development for instructional related personnel?
11
12
13
36
What function is used for instructional resources/libraries?
11
12
13
36
What function is used for expenditures for district instructional leadership?
21
23
31
41
What function would a principal be charged to?
21
23
31
41
What function would a guidance counselor be charged to?
21
23
31
41
What function would a physical health nurse be charged to?
21
31
32
33
What function would transportation services be charged to?
31
32
33
34
Costs for maintaining the physical facilities would be charged to function __.
41
51
61
71
Costs for extracurricular activities would be charged to what function?
11
36
91
99
Standardized test should be coded to function __.
11
31
21
41
Utilities should be coded to function __.
41
71
51
81
Revenue object codes are in what series of numbers?
5XXX
6XXX
1XXX
2XXX
Local revenues are in what object code series?
57XX
58XX
59XX
Other Resources are coded to what object code series?
57XX
59XX
7XXX
None of these
Federal revenues are in what object code series?
57XX
58XX
59XX
State revenues are in what object code series?
57XX
58XX
59XX
The object code series used for services is ____.
62XX
63XX
64XX
61XX
Payroll expenditure object codes are in what series of numbers?
62XX
63XX
64XX
61XX
Supplies object codes are in what series of numbers?
62XX
63XX
64XX
61XX
Other Uses are coded to what object code series?
6000
8000
None of these
The object codes used for employee travel is ____?
6499
6412
6411
6495
Memberships/Dues are coded to which object code?
6411
6412
6495
6499
Lobbying fees are coded to which object code?
6211
6212
6213
6214
The subobject code is used at Local discretion of the district and is not reported to PEIMS.
TRUE
FALSE
The subobject code is used at Local discretion of the district and is not reported to PEIMS.
TRUE
FALSE
The following details are not reported to TSDS PEIMS:
sub-object & local option codes
fund code
fiscal year code
function code
The organization code series for a high school is ____.
Anything between 001 and 040
Anything between 041 and 100
Anything between 101 and 199
Organization codes 701-750 can be used only with which function code?
31
51
41
71
A fiscal year code of "1" indicates which fiscal year?
2020-2021
or
2010-2011
2021-2022
or
2011-2012
The intent of the service determines the program intent code (PIC), not the ___ ___ of the students served.
special population
demographic makeup
What Program Intent code is used for Athletics?
11
36
91
99
What Program Intent code is used for Basic Educational Services?
11
22
25
30
What Program Intent code is used for Bilingual Education?
11
22
30
25
What Program Intent code is used for College Career & Military Readiness?
35
38
37
28
The 3 digits of local option codes at the end of the account code is required to be reported to PEIMS.
TRUE
FALSE
