Program Management & Financial Oversight Flashcards
7 cards from real SNA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Program Management & Financial Oversight flashcards as text
A school nutrition director is preparing the annual budget. Which budgeting approach starts from zero each year and requires justification for every expense?
Answer: Zero-based budgeting
Zero-based budgeting requires managers to justify every line item from scratch each budget cycle rather than simply adjusting prior-year figures.
What is the purpose of a 'break-even analysis' in school nutrition program management?
Answer: To identify the number of meals that must be served to cover all program costs
Break-even analysis calculates the minimum number of meals that must be served to cover all fixed and variable costs, ensuring the program operates without a deficit.
Which internal control practice best protects against cash handling fraud in school cafeterias?
Answer: Separating cash collection, counting, and deposit duties among different staff
Separation of duties ensures no single employee controls the entire cash handling process, reducing the risk of theft or undetected errors.
When a school nutrition program uses USDA Foods (commodities), how should the value of these items be recorded in the program's financial records?
Answer: Recorded as revenue at the assigned value when received
USDA Foods must be recorded as revenue at their assigned value when received, then as an expense when used, to accurately reflect the program's true financial position.
A school nutrition program's food cost percentage has risen to 48% from a target of 40%. Which strategy would most directly address this problem?
Answer: Conduct a menu analysis to identify high-cost items and adjust recipes or sourcing
Analyzing the menu for high-cost items and adjusting recipes, portion sizes, or sourcing strategies directly targets the root cause of elevated food costs.
Which of the following is an allowable charge to the nonprofit school food service account?
Answer: Cost of kitchen equipment used exclusively for the food service program
Equipment purchased exclusively for school food service operations is an allowable expense charged to the nonprofit school food service account.
What is the significance of the 'paid lunch equity' requirement in school nutrition programs?
Answer: It requires paid meal prices to be set at a level that covers the cost of the meal
Paid lunch equity provisions require that prices charged for paid meals generate sufficient revenue to cover the actual cost, preventing cross-subsidization that reduces reimbursements.