Cfo act of 1990 - Study guides, Class notes & Summaries

CGFM TEST 3(graded A+) correctly answered 2023 updated to passThree 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 component - inherent risk 3) unique component - Budget Accounting and Procedures Act of 1950 - correct answer Requires the head of e...

AGA - Answer Association of Government Accountants CEAR - Answer Certificate of Excellence in Accountability Reporting CFO - Answer Chief Financial Officer CGFM - Answer Certified Government Financial Manager ERP - Answer Enterprise Resource Planning FASAB - Answer Federal Accounting Standards Advisory Board FASB - Answer Financial Accounting Standards Board FSIO - Answer Financial Systems Integration Office (within GSA) GAAP - Answer Generally Accepted Accounting Princip...

5 Steps of Decision Making Process 1. Identify the Issue 2. Analyze the Issue 3. Develop Alternatives 4. Evaluate the Alternatives 5. Make a Recommendation 14 words, 5 steps Name 3 Critical thinking tools (Identify the Issue) 1. Brainstorming 2. Fishbone (cause and effect) 3. 5 Wise Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Brainpower Read More What is the most IMPORTANT step of decision support? Identifying the Iss...

CDFM Module 1.2 Questions and Answers Rated A+ Performance of Commercial Activities and Inherently governmental activities is found where? OMB Circular A-76 Reporting on Employment and Personnel Compensation is found in where? OMB Circular A-11 Where can the rules for calculating FTE employment be found? OMB Circular A-11 What term is used to refer to the totality of units in a DOD component? Force Structure What types of activities are excluded from competition under OMB Circular A-76? Inh...

doctrine of separation of powers provides a foundation for - Answer government financial management govt entity can be classed as - Answer general or special purpose US constitution written - Answer 1787 Most school district in US - Answer Independent District Role of federal CFO - Answer codified in the Chief Financial Officer act of 1990 telework - Answer working from home or other remote location Anti-fraud policies - Answer a formal code of conduct frames the behavioral e...

CGFM Exam 1 ALL(rated A+)question with correct answers 2023doctrine 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 Role of federal CFO - correct answer codified in the Chief Financial Officer act of 1990 telework - correct answer working from home ...

CGFM TEST 3 questions with complete solutions 2023Present Value Analysis - Three Components Determines what $$ Rec'd in Future is Worth Today 1) inflation component - year over year loss in value 2) enterprise component - inherent risk 3) unique component - Budget Accounting and Procedures Act of 1950 Requires the head of each federal agency to establish and maintain I/C's. Federal Managers Financial Integrity Act of 1982 (FMFIA) requires the head of each agency to evalua...

WHMIS - ANSWER-- is a national hazard wide communication system - Created to inform workers of the hazardous materials they work with Why was WHMIS created? - ANSWER-- inform about the safety and health hazards associated with the hazardous materials they might use at work - Reduce injuries and illnesses associated with handling hazardous materials in the workplace GHS - ANSWER-- Global Harmonized System -Move to standardize communication about hazardous products internationally ...

CGFM Final Exam 1 Practice Questions With Correct and Verified Answers 2023 (Graded A+) Authorization - ANSWER-Legislative enactment that approves programs; prescribes what activities an agency may pursue if funding is available Block Grant - ANSWER-One type of formula grant. Block grants combine several service categories into one grant and, thus, allow maximum flexibility to the grantee to use the funds to meet local needs Capital Budget - ANSWER-Forecasts and controls spending for "big-...

CGFM Exam 1 ALL questions with complete solutions 2023doctrine of separation of powers provides a foundation for government financial management govt entity can be classed as general or special purpose US constitution written 1787 Most school district in US Independent District Role of federal CFO codified in the Chief Financial Officer act of 1990 telework working from home or other remote location Anti-fraud policies a formal code of conduct fr...