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