CGFM Exam: Section 1, Chapter 1 Q&A 2023 CGFM TEST 3 Questions And Answers 2023 CGFM EXAM 2 Questions And Answers 2023 CGFM TEST 2 Questions And Answers 2023 CGFM Exam 1 With 100% Correct Answers 2023 CGFM Exam with 100% Correct Answers 2023
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Government Sovereignty - Correct answer-Nat'l government can't be sued by states or by citizens w/out its permission. Government Authority - Correct answer-Derived from constitutions or charters (local versions of a constitution), statutes, executive orders & regulations. 3 Levels - Correct an...
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Add to cartGovernment Sovereignty - Correct answer-Nat'l government can't be sued by states or by citizens w/out its permission. Government Authority - Correct answer-Derived from constitutions or charters (local versions of a constitution), statutes, executive orders & regulations. 3 Levels - Correct an...
doctrine of separation of powers provides a foundation for - Correct answer-government financial management govt entity can be classed as - Correct answer-general or special purpose US constitution written - Correct answer-1787 Most school district in US - Correct answer-Independent District Ro...
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Add to cartdoctrine of separation of powers provides a foundation for - Correct answer-government financial management govt entity can be classed as - Correct answer-general or special purpose US constitution written - Correct answer-1787 Most school district in US - Correct answer-Independent District Ro...
AGA - Correct answer-Association of Government Accountants CEAR - Correct answer-Certificate of Excellence in Accountability Reporting CFO - Correct answer-Chief Financial Officer CGFM - Correct answer-Certified Government Financial Manager ERP - Correct answer-Enterprise Resource Planning FASA...
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Add to cartAGA - Correct answer-Association of Government Accountants CEAR - Correct answer-Certificate of Excellence in Accountability Reporting CFO - Correct answer-Chief Financial Officer CGFM - Correct answer-Certified Government Financial Manager ERP - Correct answer-Enterprise Resource Planning FASA...
Federalism - Correct answer-Power is distributed among different levels of government, no one level has complete authority Sovereignty - Correct answer-National government cant be sued by states or citizens without its permission Popular Sovereignty - Correct answer-Citizens hold ultimate author...
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Add to cartFederalism - Correct answer-Power is distributed among different levels of government, no one level has complete authority Sovereignty - Correct answer-National government cant be sued by states or citizens without its permission Popular Sovereignty - Correct answer-Citizens hold ultimate author...
Governments exist to provide services - Correct answer-no profit motive, no single measure of success Primary funding source = - Correct answer-taxes (involuntary payments, because there is no ability to match services to those who provide the resource) Budget process = - Correct answer-primary ...
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Add to cartGovernments exist to provide services - Correct answer-no profit motive, no single measure of success Primary funding source = - Correct answer-taxes (involuntary payments, because there is no ability to match services to those who provide the resource) Budget process = - Correct answer-primary ...
Non-Spendable Fund Balance - Correct answer-Assets not in spendable formInventories and prepaid items, principal of a permanent fund which may not be spent, and assets held for sale and long-term receivables. Examples: Supplies, inventory, membership fees Restricted Fund Balance - Correct answer-...
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Add to cartNon-Spendable Fund Balance - Correct answer-Assets not in spendable formInventories and prepaid items, principal of a permanent fund which may not be spent, and assets held for sale and long-term receivables. Examples: Supplies, inventory, membership fees Restricted Fund Balance - Correct answer-...
Three Broad Government Spending Purposes - Correct answer-1) Current Operations 2) Capital Outlays 3) Debt Service Present Value Analysis - Three Components - Correct answer-Determines what $$ Rec'd in Future is Worth Today 1) inflation component - year over year loss in value 2) enterprise c...
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Add to cartThree Broad Government Spending Purposes - Correct answer-1) Current Operations 2) Capital Outlays 3) Debt Service Present Value Analysis - Three Components - Correct answer-Determines what $$ Rec'd in Future is Worth Today 1) inflation component - year over year loss in value 2) enterprise c...
Difference between a budget in public vs. private sector? - Correct answer-Public sector = Law/Private sector = benchmark for performance and goals for growth Primary control device in Govt? - Correct answer-budget Financial Reports - Correct answer-primary mechanism by which public officials are...
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Add to cartDifference between a budget in public vs. private sector? - Correct answer-Public sector = Law/Private sector = benchmark for performance and goals for growth Primary control device in Govt? - Correct answer-budget Financial Reports - Correct answer-primary mechanism by which public officials are...
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