Republic of the Philippines

UNIVERSITY OF RIZAL SYSTEM

Province of Rizal

GRADUATE STUDIES

Final Examination Questions for Finance and Business Management in Educational Institutions

1. Economic problems undergoing the country greatly affect the public and private
institutions as they incurred deficit in financing their operations. What are remedies that
public and private administrators of educational institutions will do to overcome budget
problems?
2. Education always gets the highest budget among the different agencies of the
government. Why is it necessary that the government shall provide a good magnitude of
funding for education?
3. The budget process has four stages, Budget Preparation, Budget Legislation or
Authorization, Budget Execution and Budget Accountability. Explain the activities
undergoing in its stages?
4. Education Costs and their Determinants should be properly understood and
consequently monitored to be able to adjust in quantifying financial requirements for
education sector. Enumerate these costs and give example?
5. Identify at least three (3) sources of funds for education and explain briefly how this
agencies or sectors provide funding for your respective schools?
6. Identified below are some of the mandates that the government must deal with to
improve its educational system. However, funding for compliance has not been
forthcoming, as school budget manager how will you address these unfunded
mandates?
a. Security and Safety
b. Student and Employee Privacy
c. Discrimination
d. Student Financial Aid
7. What do you think is your biggest challenge in becoming an effective budget manager?
Base your answer on the Problems and Pitfalls in Budget Management?
8. Financing school facilities was a major concern in allocating funds for education since
not all schools were provided with the said funding. As an administrator, what other
alternative would you like to propose to address such problem of funding?
9. Discuss the process on how budget at the school level was prepared and implemented?
10. Tax collected by government had been the major source of funding for education;
identify other sources of funding that will help the government in addressing the
deficiency in education cost.
11. School finance reforms typically emphasize equity and equality of educational input or
opportunity; In the Philippine educational system do we observe equity and equality
and how it was implemented?

Prepared by:

RENATO F. DE LEMON
Professorial Lecturer