WorksheetsBasics of Planning Ahead POP Quiz
Total questions: 10
Worksheet time: 6mins
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?
(a)
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
