1-Pouring machine foundations for new equipment would be pulled from an opertional budget

True

False

2-Maintaining accurate budgets is a good way to track facility inefficiencies

True

False

3-Traditionally, many facilities put forth the most effort in the budgeting process_______________.

A. In December

B. In July

C. In August

D-Whenever the FM decides

4-A FM can budget funds for a particular service _________________.

A. monthly

B. quarterly

C. semi-annually

D. all of the above

5-Comparing a lobby renovation to a green initiative; the ________________.

A. lobby renovation may or may not bring a return on investment due to higher rental rates

B. green initiative will provide savings in energy or resources which will provide a tangible return

C. green initiatives always have a payback period that is longer than the equipment’s useful life

D. both A and B