How Do the Responsibilities of the State Board of Education

question 3

Multiple Choice

How do the responsibilities of the state board of education differ from those of the state education agency?

• A)The state board of education sets broad educational policies while the state education agency is responsible for carrying out educational policies.
• B)The state education agency sets broad educational policies while the state board of education agency carries out educational policies
• C)The state board of education establishes academic standards while the state education agency requests money from the federal government.
• D)The state education agency identified educational problems and recommends solutions while the state board of education requests money from the federal government.

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Definitions:

Cash Budget

A forecast of cash inflows and outflows over a specified period, used to manage cash flow and ensure liquidity.

Factory Overhead Budget

An estimation of all the costs, other than direct labor and direct materials, that are involved in manufacturing a product over a specific period.

Raw Materials Purchases

The acquisition of the basic materials and components required for the production of goods.

Finished Unit

A product that has completed all stages of production and is ready for sale.