CSCS Financial Management & Budgeting 2

Question 1

A strength and conditioning department receives a $50,000 annual budget. If 60% is allocated to equipment and 25% to staff training, how much remains for facility maintenance?

Accepted Answer

$7,500

Answer

60% ($30,000) + 25% ($12,500) = $42,500 spent, leaving $7,500 (15%) for facility maintenance.

Question 2

Which budget type is MOST appropriate for a new strength and conditioning facility with no prior spending history?

Accepted Answer

Zero-based budget

Answer

Zero-based budgeting requires justifying all expenses from scratch, making it ideal when no historical data exists.

Question 3

A CSCS professional must justify purchasing $15,000 in new equipment. Which financial document BEST demonstrates the long-term value of this investment?

Accepted Answer

Return on investment analysis

Answer

An ROI analysis compares the expected benefits (injury reduction, performance gains) against the equipment cost over time.

Question 4

Which of the following is an example of a variable cost in a strength and conditioning program?

Accepted Answer

Consumable supplies (tape, bands)

Answer

Consumable supplies fluctuate based on usage and athlete volume, making them variable costs unlike fixed expenses.

Question 5

A university athletic department requires that all equipment purchases over $5,000 receive three competitive bids. This policy PRIMARILY serves to:

Accepted Answer

Ensure fiscal responsibility and competitive pricing

Answer

Requiring multiple bids ensures the institution receives competitive pricing and demonstrates responsible stewardship of funds.

Certified Strength and Conditioning Specialist Practice Test

Certified Strength and Conditioning Specialist Practice Test

CSCS Financial Management & Budgeting 2