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Testing the bottom Line Test center budget management

Testing the bottom Line Test center budget management. Dr. Karen Kalivoda, Director Sarah Kesler, Business Manager University Testing Services, University of Georgia. Why should we track and understand test center fiscal information?. To make informed decisions To ensure expenses are met

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Testing the bottom Line Test center budget management

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  1. Testing the bottom LineTest center budget management Dr. Karen Kalivoda, Director Sarah Kesler, Business Manager University Testing Services, University of Georgia

  2. Why should we track and understand test center fiscal information? • To make informed decisions • To ensure expenses are met • To comply with policy • All of the above

  3. How much revenue did University Testing Services generate in FY 2012? • $216,986 • $417,910 • $733,105 • $1,000,363

  4. What does UTS do with the revenue earned through testing? • Throws big staff parties • Pays for operating expenses and a portion of staff salaries • Gives a cut to the NCTA President • Buys company cars

  5. How many tests did UTS administer in FY 2011-2012? • 12,000 • 15,600 • 20,500 • 50,335

  6. Which of these tests is the most expensive to purchase? • English Placement Exam • Journalism School Entrance Test • Institutional SAT • Pregnancy Test

  7. Which of these tests requires the most labor to administer? • Business School Admission Test • Placement Tests • GMAT • CPA Exam

  8. Which of the following should be considered when determining the cost of administering a test? • Pencils, paper, and scoring supplies • Copies, timers, and room rental • Labor to prepare and administer exams • All of the above

  9. How much does it cost for UTS to copy each student’s placement tests? • $30.00 • $0.22 • $0.905 • $2.83

  10. Which of these test categories generates the most revenue? • Placement tests through orientation • Business School Admission Test • Contract-based computerized tests • Independent & Distance Learning tests

  11. Which of these is an important cash handling procedure? • Separating denominations of bills • Assigning separate cash drawers or bags for each cashier • Fanning with the stacks of bills • Using a computerized cash • register

  12. What factors determine how much to charge for a test? • Cost of the test and cost to administer it • When the fee was last changed • Space and resources used • All of the above

  13. How many UTS staff salaries (plus benefits) are covered wholly or partially through sales revenue? • None • Three • Five • Eight

  14. How many people should review your fiscal information? • None: That’s why we have an accounting department. • One: The person who handles the orders • Two: The Director should look at it too • As many people as possible.

  15. How can you handle all of these issues at once? • Hire a budget manager • Let her work at home sometimes • Take her to NCTA with you • All of the above

  16. Which of the following are part of the UTS mission? • Provide a welcoming and supportive environment for test takers • Generate revenue to fund most of its own expenses • Create a professional, secure testing environment • All of the above

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