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WGU D023 Objective Assessment (Latest 2024/ 2025 Update) School Financial Leadership | Study Guide Qs & As| Grade A| 100% Correct (Verified Answers) $10.99   Add to cart

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WGU D023 Objective Assessment (Latest 2024/ 2025 Update) School Financial Leadership | Study Guide Qs & As| Grade A| 100% Correct (Verified Answers)

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WGU D023 Objective Assessment (Latest 2024/ 2025 Update) School Financial Leadership | Study Guide Qs & As| Grade A| 100% Correct (Verified Answers) Q: Activity Funds Answer: managed by principal $ to support cocurricular & extra curricular student Q: Activity Funds Answer: ...

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  • October 14, 2024
  • 25
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • d023
  • WGU D023
  • WGU D023
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nurse_steph
WGUID023IObjectiveIAssessmentI(LatestI
2024/I2025IUpdate)ISchoolIFinancialI
LeadershipI|IStudyIGuideIQsI&IAs|IGradeI
A|I100%ICorrectI(VerifiedIAnswers)

Q:IActivityIFunds

Answer:
managedIbyIprincipal

$ItoIsupportIcocurricularI&IextraIcurricularIstudent




Q:IActivityIFunds

Answer:
classifiedIinItwoIways
1.IstudentIactivityIfunds:I(fiduciary)IcontrolledIbyIprincipalI(clubs)

2.IdistrictIfunds-specialIrevenueIfundsI(athletics,IbookIfair,Iconcerts,IandIplays)




Q:IActivityIFunds-IProcess

Answer:
1.IrequisitionIfromIstaff
2.IreceiptsIareIstapledItoIrequisitionIformIforIreview
3.IfollowIupItoIconfirmImaterialsIreceived
4.IreceiptIfromIvendorIisIcheckedIbyIreceiver
5.IinvoiceIisIpaidIbyIschool

,Q:ICapitalIFunding

Answer:
schoolIbuildingsIorIstructureIorIproperty

comesIfrom:
1.Ibonds
2.IpayIasIyouIgo
3.IbuildingIreserveIfundI(piggyIbank)




Q:ITypesIofIbondsIforICapitalIFunds

Answer:
SerialIBonds-I

straight-term-




Q:IserialIbonds

Answer:
bondsIthatImatureIinIinstallmentsIatIregularIintervals




Q:IStraightITermIBonds

Answer:
debtIcertificatesIthatIrequireImoneyItoIbeIsavedIuntilItheIendIofItheIbondingIperiod,IwhenIitIis
IpaidI(withIinterest)ItoIretireItheIcertificates

, Q:ItaxationIsystems

Answer:
taxIbaseIxItaxIrateI=ItaxIyield




Q:IincomeItax

Answer:
keyIapproachIinIfundingIprogramsIandIservices--providesIaIsubstantialIyield




Q:IpropertyItax

Answer:
1stIkindIofIschoolItaxIisIalmostItheIsoleIsourceIofIrevenue




Q:IsalesItax

Answer:
largestIsingleIstateItaxIsourceI1/3IofIallIstateItaxIrevenue




Q:IFederalism

Answer:
aIformIofIgovernmentIinIwhichIpowerIisIdividedIbetweenItheIfederal,IorInational,Igovernment
IandItheIstates

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