Budget Configuration Setup

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the primary responsibility of the analyst regarding budget management?

Assigning a payee based on documentation
Entering pass-through costs and small visit costs (correct)
Reviewing and approving budget submissions
Utilizing the visit budget loader for all budgets

When should the visit budget loader be used?

For budgets greater than 30 visits (correct)
For all budget submissions regardless of size
Only when there are less than 30 visits planned
When the analyst deems it necessary

Who is responsible for the final approval of the budget submissions?

The analyst in charge
The service lead (correct)
The vendor analyst
The user registered for the portal

What should be done with budgets after they are configured?

<p>Submit them for peer review (C)</p> Signup and view all the answers

What role does the vendor analyst play in the budget process?

<p>They complete the assigned task ID (D)</p> Signup and view all the answers

Flashcards

Setup Budget Configuration

The process of setting up a budget for an event or project, including assigning a payee and ensuring proper documentation, approval, and authorization.

Analyst's Role in Budget Setup

The person responsible for entering costs related to small visits and pass-through expenses into a pre-defined budget template.

Visit Budget Loader

A tool used for efficiently handling larger visit related budgets, typically used for projects with more than 30 visits.

Budget Peer Review

A process where colleagues evaluate the budget before it is finalized, ensuring accuracy and adherence to guidelines.

Signup and view all the flashcards

Service Lead's Role in Budget Approval

The individual responsible for reviewing all submitted budget data and making approval or rejection decisions.

Signup and view all the flashcards

Study Notes

Setup Budget Configuration

Configure budget information based on documentation, approvals, and authorizations.
Analyst enters pass-through costs and small visit costs into a pre-defined budget template.
For larger visit budgets (greater than 30 visits), use the visit budget loader.
Submit budgets for peer review.
Register users for the portal.
Service lead reviews all data and approves or rejects submissions.
Vendor analysts complete the assigned task ID.