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WGU D023 SCHOOL FINA NCIAL
LEADERSHIP TEST QUES TIONS & ANSWERS | LATEST | UPDATED &
VERIFIED | GUARANTEED SUCCESS
Question :Funding for public school is directly addressed in
which document?
Correct answer:State Constitution
Question :What can school bonds be used for?
Correct answer:Capital Outlay Projects: buildings, equipment, and construction projects.
Question :Which President is associated with: Elementary and Secondary Education Act of 1965
Correct answer:Lyndon B. Johnson
Question :Which President is associated with: Goals 2000
Correct answer:Bill Clinton
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Question :What are some challenges school districts
experience due to their reliance upon property taxes?
Correct answer:tax base does not support funding needs. Tax
payers become overburdened by ever increasing tax rates.
Question :Who makes the majority of the funding decisions
about schools
Correct answer:The State
Question :How can PTO/PTA help?
Correct answer:Have non-profit status for fundraising for
budget gaps.
Question :How can Community Organizations help?
Correct answer:Provide resources to the school through
formal partnerships.
Question :How can Private Contributors help?
Correct answer:Provide volunteer hours or in-kind services.
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Question :What costs can be offset by charging a fee in a
public-school setting?
Correct answer:athletics and extracurricular activities
Question :Which type of school (Urban or Rural) lack special
services?
Correct answer:Rural
Question :Which type of school (Urban or Rural) deal with
poverty?
Correct answer:Both
Question :Which type of school (Urban or Rural) - Higher
percentage of high-cost students to education?
Correct answer:Urban
Question :Which type of school (Urban or Rural) have
difficulty in attracting the best teachers?
Correct answer:Both
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Question :Title I is specifically intended to address the effects
of _______ on student achievement.
Correct answer:Poverty
Question :On average, what percentage of a school's budget is
spent on personnel expenses?
Correct answer:85%
Question :What are the Four stages of a budget?
Correct answer:Planning, Receiving Funds, Spending Funds,
Evaluating Results
Question :School-owned buildings would be categorized as
Correct answer:Assets
Question :What is a liability in accounting?
Correct answer:money owed to others (including employee
salaries)