Final Study Guide Part One Flashcards
(30 cards)
The second-largest expenditure in operating budgets.
Purchasing
Purchasing Includes
Materials, Goods, Supplies, and Services from outside vendors
Number one expenders on budgets
Payroll
Second on expenders in budgets
Purchasing
What must be monitored regarding overstocking and having an adequate ___on hand?
Inventory?
Petty Cash, Normal Purchasing, and Formal Bidding are what?
Purchasing Procedures
What are examples of ethical considerations?
Criminal behavior, splitting purchases to use a less competitive procedure, denying a vendor the opp. to bid, giving favored info on others.
Perpetual Method
A method used to account for inventory that tracks and records in and outs of individual inventory items as they occur
Periodic Method
A method used to account for inventory that physically count inventory at the end of the fiscal year
__ is the most expensive item on a budget; it must be ____
Manpower is the most expensive item on a budget; it must be closely monitored.
Detailed Report
Each line item is monitored (best)
Exception Reports
Focuses on agreed upon exceptions to the budget
Summary Reports
Summary of budget activity
HR advises and supports first line managers in…
Hiring and retention practices to assure compliance with federal regulations like the Fair Labor Standards Act (FLSA), the Civil Rights Act, and Americans with Disabilities Act
What is internal recruiting in a recruitment plan?
Filling job vacancies with current employees or personal referrals
What is external recruiting in a recruitment plan?
Notifying potential applicants outside the organization of the agency’s to fill a vacant position. An effective recruitment plan identifies where, how, and when to recruit qualified applicants cost-effectively and in a timely fashion
How can job announcements be distributed?
Agency website, internet job lisitings, word of mouth, employment agencies
What is a Bona fide Occupational qualification? (Experience can also count.)
A quality or an attribute that employers are allowed to consider when making a hiring decision. The attribute or quality, when considered in other situations, would be discrimination and in violation of employment law.
Hiring decisions are based on a candidate’s knowledge and skills related to the job and qualifications reasonably necessary for the normal operation of the business - Civil Rights Act and its amendments.
The training a new employee undergoes….
On the organization unit and job-specific tasks. The official organization orientation for all employees and the individualized orientation, which addresses the essential duties and responsibilities of the position and unit practices.
Training
Knowledge and skills to aid in current job performance
Development
Life long learning and career development
Types of training and development that are cost effective and commonly used
Coaching, clinical supervision, and mentoring, as well as accountability tools used to facilitate client outcomes and support staff. Job rotations. Cross-training. Leadership development
Managers are accountable…
To let their employees know the level of their performance and the expectations the unit may have for them.
Work performance is reviewed through..
Performance appraisals that also generate information to identify employee development needs, salary adjustments, disciplinary actions, and terminations
