Which item is included in the fiscal plan?

Which item is included in the fiscal plan?

• A. A detailed estimate of operating costs for the first three months
• B. A plan to recruit volunteers
• C. A facility maintenance schedule
• D. A child welfare policy manual

Answer: (A)

A fiscal plan focuses on forecasting the money needed to run the program. It lays out expected income and the costs to operate the agency, providing a roadmap for budgeting, cash flow, and financial control. Including a detailed estimate of operating costs for the first three months gives a concrete, time-bound snapshot of what will be spent and helps verify that funding will cover essential activities from the start. This concrete financial forecast is what ties resources to operations and allows tracking against the budget as the program gets underway. The other items, while important for running an agency, relate to different aspects. Recruiting volunteers is a human resources or program development activity, not a financial forecast. A facility maintenance schedule is an operational plan for upkeep, not a projection of costs. A child welfare policy manual sets procedures and compliance rules, not budgeting or financial planning.

A fiscal plan focuses on forecasting the money needed to run the program. It lays out expected income and the costs to operate the agency, providing a roadmap for budgeting, cash flow, and financial control. Including a detailed estimate of operating costs for the first three months gives a concrete, time-bound snapshot of what will be spent and helps verify that funding will cover essential activities from the start. This concrete financial forecast is what ties resources to operations and allows tracking against the budget as the program gets underway.

The other items, while important for running an agency, relate to different aspects. Recruiting volunteers is a human resources or program development activity, not a financial forecast. A facility maintenance schedule is an operational plan for upkeep, not a projection of costs. A child welfare policy manual sets procedures and compliance rules, not budgeting or financial planning.