ACC Budget & Resource Management Flashcards
6 cards from real ACC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 ACC Budget & Resource Management flashcards as text
When ordering activity supplies, an activity consultant should prioritize:
Answer: Items that serve the highest number of residents across multiple programs
Prioritizing versatile supplies that serve many residents maximizes the impact of limited budget dollars.
Which financial document gives an activity consultant the clearest picture of current department spending versus plan?
Answer: A budget variance report comparing actual to budgeted expenditures
A budget variance report directly shows where actual spending deviates from planned amounts, enabling timely corrections.
An activity department receives a donation of supplies from a local business. The consultant should:
Answer: Document the donation, send a formal acknowledgment, and integrate items into programming
Documenting donations maintains accountability and acknowledgment fulfills ethical and sometimes legal obligations.
Effective inventory management for activity supplies involves:
Answer: Regular audits, first-in-first-out rotation, and minimum stock thresholds
Systematic audits, proper rotation, and stock thresholds prevent shortages and waste in the activity supply chain.
When a vendor offers a significant bulk discount on activity materials, the consultant should:
Answer: Evaluate storage capacity, expiration dates, and cash flow before committing
Bulk purchasing is only cost-effective when storage, shelf life, and available cash flow support the decision.
Which resource allocation method ensures the highest-priority activity programs receive funding first?
Answer: Zero-based budgeting that ranks programs by resident need and outcomes
Zero-based budgeting forces prioritization by justifying each program from scratch based on need and evidence of outcomes.