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Monthly Expense Tracking for Group Home Managers
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Monthly Expense Tracking for Group Home Managers

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Questions and Answers

What is required to be completed each month for consumers who receive a monthly spending money?

  • Individual Expense Log (correct)
  • Receipt Verification Form
  • Monthly Financial Report
  • Group Expense Summary
  • What should be done with any money remaining from the monthly spending amount?

  • Donate to charity
  • Carry over to the next month and record on the next month’s Individual Expense Log (correct)
  • Return to the organization
  • Keep for personal use
  • What could be the consequence of failing to have the Consumer sign and acknowledge the monthly spending amount?

  • Extra spending allowance
  • Disciplinary action (correct)
  • Financial bonus
  • Incentive reward
  • How should purchases/expenses be recorded on the Expense Log?

    <p>By date, vendor/store, item(s) purchased, and amount spent</p> Signup and view all the answers

    What is required to be attached on the back of the log and turned in at the end of each month?

    <p>Vendor/Store issued receipts for purchases</p> Signup and view all the answers

    What must be documented when a soda is purchased from a machine for a consumer?

    <p>The date, amount, and item on the Expense Log</p> Signup and view all the answers

    What must be done when cash is given to a consumer?

    <p>Record the amount and have the consumer sign or initial on the Expense Log</p> Signup and view all the answers

    What is the process for obtaining a specific purpose expense?

    <p>Submit a request to the Case Manager, who generates a Disbursement Request Form</p> Signup and view all the answers

    What must be done with the receipts and check stubs for a specific purpose expense?

    <p>Return them to the Trust Fund Manager along with any unused funds</p> Signup and view all the answers

    According to the company policy, what actions are prohibited for TMS employees/contractors?

    <p>Both A and B</p> Signup and view all the answers

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