A University That Is Publicly Funded Is Located in a State

question 12

Multiple Choice

A university that is publicly funded is located in a state that is experiencing serious budget shortfall, and the budget has been halved. The university's 32 departments are asked to list each of their programs on an index card, resulting in 90 cards. A panel comprised of the president, provost, and five deans each independently arranges the cards into categories of 3 essential, 7 highly desirable, 15 very desirable, 40 mainstream, 15 expendable, 7 immediately expendable, and 3 targeted elimination. This is an example of which methodology?

• A)Delphi technique
• B)Rating scale
• C)Likert scaling
• D)Q-sort method

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Definitions:

Double-entry Bookkeeping

An accounting system that records each transaction in two accounts, debits in one and credits in another, to maintain the balance of the accounting equation.

Assets and Liabilities

A financial accounting term referring to a company's resources (assets) and obligations (liabilities).

Bookkeeping Accounts

The records of the financial transactions and positions of a business, systematically organized for reporting and analysis.

Double-entry Bookkeeping

An accounting practice where every financial transaction is entered as both a debit in one account and an equivalent credit in another, ensuring the books are always balanced.