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Florida PALM - KK and Budget - Multiple Choice

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Florida PALM - KK and Budget - Multiple Choice

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Florida PALM - KK and Budget - Multiple Choice

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KIM.JACOBS@MYFLORIDACFO.COM
KIM.JACOBS@MYFLORIDACFO.COM
United States

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Florida PALM - KK and Budget - Multiple Choice
 

Florida PALM - KK and Budget - Multiple ChoiceOnline version

Florida PALM - KK and Budget - Multiple Choice

by KIM.JACOBS@MYFLORIDACFO.COM
1

True/False: The Commitment Control module is used for control, management, and reporting of budget.

2

______________ includes the management of appropriations, releases and reserves, allotments, and spendable cash resources.

3

True/False: Budget Allotments can exceed appropriations.

4

True/False: The GAA will originate in Florida PALM.

5

True/False: The DFS KK Budget Maintainer creating journal entries to correct budget load errors can approve those budget journals.

6

True/False: Appropriations budget journals created from the spreadsheet upload do not require approval through workflow.

7

I am received from the Legislature to authorize the spending of public money:

8

I am the appropriation amounts available for expenditures by agencies:

9

True/False: Agencies cannot exceed the released amount.

10

__________ is applicable for all transactions processed in Florida PALM which includes appropriations, allotments, cash, projects, investments, and revenue.

11

True/False: Budget checking is a step in the transaction lifecycle after an accounting entry is posted in the source module.

12

________ provides the method to capture and report transactions impacting FCO and non-FCO projects.

13

The _______ screen is available for review of posted appropriations.

14

True/False: Budget Structures are used in Florida PALM to support business processes that require control, monitoring, and tracking of transactions and balances.

Feedback

Budget Allotments cannot exceed appropriations.

The GAA is transmitted from LAS/PBS into Florida PALM.

You should not create and approve: SOD conflict.

Budget checking is a step in the transaction lifecycle before an accounting entry is posted in the source module.

 
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