BUDGET
The most important managerial tool to help you influence the financial direction, state your goals, prioritize your spending, create policy, and manage your money
What is a budget?
Our accounting system, Enterprise Business Solutions
What is EBS?
The acronym for the Government Accountability Office, a government agency that provides auditing, evaluation, and investigative services for the United States Congress.
What is GAO?
DAILY DOUBLE
A customer-focused system for engaging employees in continuous improvement
What is Lean?
This represents the usual length of a fiscal period.
What is one year?
The maximum amount that a program/division/department is allowed to spend.
What is expenditure Authority?
The code used to allocated our time to various projects and awards
What is Combo Code?
The Catalog of Federal Domestic Assistance five digit number assigned to nearly every federal program is also known as.
What is CFDA Number?
Asking why repeatedly to uncover the root cause or a problem
What are the 5 whys?
This is the amount of rooms that there are in the White House.
What is 132?
Acts as our liaison with the County Council and is our main resource for developing and compiling all budget estimates and preparing the budget documents.
Who is PSB (Performance Strategy and Budget)?
This money is provided by the grantor, upfront, before we recognize the revenue
What is Deferred or Unearned Revenue?
The name for the 12 areas the auditor will review when conducting an audit on federal awards.
What are Compliance Requirements?
Non-value added activities which fall into 7 categories
What is Waste?
:-$ Where this emoticon tells you to "put your money."
What is your mouth?
Statement that provides your organization with revenue and expenditure projections of what lies ahead.
What is a forecast?
DAILY DOUBLE
The Schedule of Expenditures of Federal Awards
What is SEFA?
This is the year that the COSO framework was last updated.
What is 2013?
A one page story of a problem, target(s), analysis, and improvement to be tested - name comes from the size of the paper
What is an A3?
The last of the 50 states to be admitted to the Union.
What is Arizona?
Venue for reporting budget vs. actual and updates to forecasts.
What is financial monitoring?
Codifies the terms and conditions of employment for specific individuals, as well as the employer's obligations and responsibilities- there are 12 in Public Health
What are Union Contracts?
This is the control objective in which "tone at the top" best fits.
What is control environment?
A fundamental approach to sorting, setting in order, shining, standardizing, and sustaining the workplace
What is 5S?
The year that Thanksgiving first became a national holiday.
What is 1863?