Q 4
Which is not a component of a five-year plan?
A)Written description of the current performance in each area of the curriculum.
B)Statement of measurable goals and how they will be achieved
C)Statement of resources needed to meet the goals
D)Statement of why previous goals have not been achieved
Q 5
Current expenses include all expenditures made that are consumable during a single fiscal year.Which of the following does NOT belong to this category?
A)Textbooks
B)Food service
C)Salaries
D)Room additions
Q 6
When accepting a new principalship,the principal should insist on an audit for all of the following reasons except.
A)To determine if the previous administration is guilty of fraudulent accounting.
B)To establish the state of the accounts before the principal takes responsibility for them.
C)To learn about current practices in the school's accounting.
D)To determine what improvements need to be made about current accounting practices in the school.
