The Appropriation to the State Library System Fiscal Year Starts

question 8

Multiple Choice

The appropriation to the State Library System fiscal year starts July 1) for fiscal 2012 was $15,000,000. On December 31, 2011, its budget reports showed expenditures of $7,500,000 and encumbrances outstanding of $500,000. Quarterly allotments were as follows: Q1-$3,750,000; Q2-$4,500,000; Q3-$3,750,000; and Q4-$3,000,000. What was the status of system operations at that point?

• A) Operation consistent with plan; half the year elapsed and half the money spent.
• B) Over plan by $250,000.
• C) Under plan by $250,000.
• D) Under plan by $750,000.

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Definitions:

IP Addresses

Unique numeric identifiers assigned to each device connected to a computer network that uses the Internet Protocol for communication, enabling devices to locate and communicate with each other.

Hotspot

A place where individuals can connect to the internet, usually through Wi-Fi, by means of a wireless local area network (WLAN) that is linked to an internet service provider via a router.

SOHO

Small Office/Home Office, referring to businesses or professional work conducted from small offices or homes.

DHCP

Dynamic Host Configuration Protocol is a network management protocol used to automate the process of configuring devices on IP networks.