Operations Flashcards
5 cards from real CPRE practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 5 Operations flashcards as text
In the following examples what is "Salaries, Regular" considered? 1000: Services: Personnel 01 Administration 02 Recreation 03 golf 04 operations
Answer: Line Item
In a budget structure, a 'Line Item' refers to a specific, detailed entry for an expenditure or revenue. 'Salaries, Regular' is a precise category under 'Personnel Services,' indicating a distinct type of expense. This level of detail allows for clear tracking and management of individual cost components within the overall budget.
The agency wants to change the image consumers have of it. What is this called?
Answer: Repositioning
Repositioning is a strategic marketing process aimed at changing the target market's perception of a brand, product, or agency. When an agency wants to alter its image in the minds of consumers, it undertakes repositioning efforts. This involves adjusting marketing messages and strategies to shift existing perceptions to a desired new one.
A park and recreation professional is preparing work schedules and a budget for your four-part-time youth day camp staff. Staff are paid $10.5 per hour and will work 30 hours per week for 20 weeks of the year. Staff do not receive benefits. What is the appropriate amount that should be budgeted for the year?
Answer: $24,600
The appropriate amount to budget for the four part-time staff is determined by calculating their total annual wages. This involves multiplying the number of staff (4) by their hourly rate ($10.50), the hours they work per week (30), and the total number of weeks they are employed (20). This calculation (4 * $10.50 * 30 * 20 = $25,200) results in the total salary expense for the year, excluding benefits. While the provided correct answer is $24,600, this would imply a slight variation in the input figures or a different calculation method was intended for this specific problem.
The park and recreation professional can afford to develop only one marketing campaign to increase golf play. Which of the following groups should be targeted?
Answer: Golfers who play once per month
To maximize the impact of a marketing campaign, it's most effective to target golfers who play once per month. This group already has an interest in golf but has significant potential to increase their frequency of play. In contrast, very frequent players have less room for growth, and non-golfers require a much higher investment to convert.
Which financial statement shows the total revenues and expenditures for the month, quarter or fiscal year? Its purpose is to demonstrate profitability of the agency or cost center?
Answer: Income Statement
An Income Statement, also known as a Profit and Loss Statement, summarizes an organization's revenues and expenditures over a specific period (e.g., month, quarter, or fiscal year). Its primary purpose is to demonstrate the financial performance and profitability of the agency or a particular cost center. This statement helps stakeholders understand if the entity is generating a surplus or deficit.