Free practice test

Budget Analyst Practice Test

Check what you know about the budget analyst job with 15 free questions and instant explanations.

Updated By the Career Education Institute Curriculum Team
About this practice test

15 multiple-choice questions on budget analyst knowledge, safety and vocabulary. Submit to see your score and explanations, or open any question’s answer as you go. Nothing is saved or shared.

Question 1 of 15An appropriation is:
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Answer: Legal spending authority. Authority.

Question 2 of 15Fiscal year means:
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Answer: Budget year. Budget year.

Question 3 of 15An encumbrance is:
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Answer: Money set aside for an order. Commitment.

Question 4 of 15Zero-based budgeting:
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Answer: Justifies every expense. Method.

Question 5 of 15Project year-end:
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Answer: Every month. Forecasting.

Question 6 of 15Which term matches this definition: “Difference from budget.”
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Answer: Variance. Variance: Difference from budget.

Question 7 of 15What does “Operating budget” mean?
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Answer: Day-to-day spending plan.. Operating budget: Day-to-day spending plan.

Question 8 of 15Which term matches this definition: “Department ask.”
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Answer: Budget request. Budget request: Department ask.

Question 9 of 15What does “Fiscal year” mean?
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Answer: Budget year.. Fiscal year: Budget year.

Question 10 of 15Which term matches this definition: “Temporary federal funding.”
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Answer: Continuing resolution. Continuing resolution: Temporary federal funding.

Question 11 of 15What does “Forecast” mean?
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Answer: Projected spending.. Forecast: Projected spending.

Question 12 of 15Which term matches this definition: “Mid-year budget change.”
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Answer: Supplemental. Supplemental: Mid-year budget change.

Question 13 of 15What does “Capital budget” mean?
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Answer: Plan for major assets.. Capital budget: Plan for major assets.

Question 14 of 15Which term matches this definition: “Single budget entry.”
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Answer: Line item. Line item: Single budget entry.

Question 15 of 15What does “Fund balance” mean?
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Answer: Reserve money.. Fund balance: Reserve money.

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